Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Sudan - 2022

Contents:

1. Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Sudan (FOB) - 2022
2. Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Sudan

Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Sudan (FOB) - 2022

The average export price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $5,390 per ton in 2022, reducing by -26.2% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average export price increased by 96% against the previous year. The export price peaked at $7,305 per ton in 2021, and then contracted sharply in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Jordan ($7,594 per ton) and Kuwait ($7,594 per ton), while the average price for exports to Egypt ($5,964 per ton) and Qatar ($7,044 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Sudan

After three years of growth, shipments abroad of fresh or chilled carcasses and half-carcasses of bovine meat decreased by -63.8% to 1.2K tons in 2022. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 65%. As a result, the exports attained the peak of 3.2K tons, and then dropped dramatically in the following year.

In value terms, exports of fresh or chilled carcasses and half-carcasses of bovine meat contracted markedly to $6.2M in 2022. Over the period under review, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 88% against the previous year. As a result, the exports reached the peak of $23M, and then shrank rapidly in the following year.

Top Export Markets for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat from Sudan in 2022:

1. Kuwait (1474.7 tons)
2. Egypt (941.8 tons)
3. Qatar (90.6 tons)
4. Jordan (47.7 tons)

Source: IndexBox Market Intelligence Platform