Sheep; Live Price in Venezuela - 2022

Sheep; Live Price in Venezuela (CIF) - 2022

The average sheep; live import price stood at $64 per unit in 2022, shrinking by -40.9% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 an increase of 119% against the previous year. Over the period under review, average import prices attained the maximum at $207 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -11.1% per year.

Sheep; Live Imports in Venezuela

For the fourth year in a row, Venezuela recorded growth in supplies from abroad of sheep; live, which increased by 3.3% to 8.2K units in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 513% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, sheep; live imports shrank sharply to $523K in 2022. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 423%. Over the period under review, imports reached the peak figure at $858K in 2021, and then reduced dramatically in the following year.