Price for Sheep and Goats; Live in India - 2023

Contents:

1. Price for Sheep and Goats; Live in India (FOB) - 2023
2. Price for Sheep and Goats; Live in India (CIF) - 2022
3. Exports of Sheep and Goats; Live in India
4. Imports of Sheep and Goats; Live in India

Price for Sheep and Goats; Live in India (FOB) - 2023

In September 2023, the average sheep and goats; live export price amounted to $56.4 per unit, approximately reflecting the previous month. Over the period under review, the export price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in June 2023 an increase of 42% month-to-month. The export price peaked at $147 per unit in November 2022; however, from December 2022 to September 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From November 2022 to September 2023, the rate of growth in terms of prices for the United Arab Emirates amounted to +3.9% per month.

Price for Sheep and Goats; Live in India (CIF) - 2022

The average sheep and goats; live import price stood at $171 per unit in 2022, dropping by -12.2% against the previous year. Over the period under review, the import price recorded a noticeable decrease. The pace of growth appeared the most rapid in 2021 an increase of 27% against the previous year. Over the period under review, average import prices reached the peak figure at $242 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($541 per unit), while the price for Nepal ($167 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.7%), while the prices for the other major suppliers experienced a decline.

Exports of Sheep and Goats; Live in India

Sheep and goats; live exports from India contracted notably to 78K units in 2022, which is down by -65.7% compared with 2021. Over the period under review, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 34%. The exports peaked at 353K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, sheep and goats; live exports dropped dramatically to $3.7M in 2022. Overall, exports showed a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 102%. Over the period under review, the exports reached the peak figure at $16M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Sheep and Goats; Live from India in 2022:

1. United Arab Emirates (67.0K units)
2. Nepal (11.0K units)

Imports of Sheep and Goats; Live in India

In 2022, approx. 18K units of sheep and goats; live were imported into India; surging by 14% compared with 2021 figures. In general, imports showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 223%. As a result, imports reached the peak of 20K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, sheep and goats; live imports contracted modestly to $3.1M in 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 267% against the previous year. Imports peaked at $3.1M in 2021, and then contracted modestly in the following year.

Top Suppliers of Sheep and Goats; Live to India in 2022:

1. Australia (18.1K units)
2. United Arab Emirates (0.1K units)

Source: IndexBox Market Intelligence Platform