Sheep; Live Price in Austria - 2023

Contents:

1. Sheep; Live Price in Austria (FOB) - 2023
2. Sheep; Live Price in Austria (CIF) - 2022
3. Sheep; Live Exports in Austria
4. Sheep; Live Imports in Austria

Sheep; Live Price in Austria (FOB) - 2023

The average sheep; live export price stood at $118 per unit in July 2023, waning by -36.2% against the previous month. Over the period under review, the export price, however, posted a mild increase. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 171% m-o-m. The export price peaked at $185 per unit in June 2023, and then contracted remarkably in the following month.

Average prices varied somewhat for the major foreign markets. In July 2023, the country with the highest price was Switzerland ($134 per unit), while the average price for exports to Italy stood at $96.7 per unit.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sheep; Live Price in Austria (CIF) - 2022

In 2022, the average sheep; live import price amounted to $148 per unit, growing by 40% against the previous year. In general, import price indicated a resilient 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. Based on 2022 figures, sheep; live import price increased by +133.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 67%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($162 per unit), while the price for Hungary totaled $144 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+50.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Sheep; Live Exports in Austria

In 2022, exports of sheep; live from Austria expanded remarkably to 14K units, surging by 11% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sheep; live exports shrank to $1.7M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. As a result, the exports reached the peak of $1.9M, and then dropped in the following year.

Top Export Markets for Sheep; Live from Austria in 2022:

1. Italy (9.0K units)
2. Germany (2.4K units)
3. Russia (1.9K units)
4. Ukraine (1.0K units)

Sheep; Live Imports in Austria

After three years of growth, purchases abroad of sheep; live decreased by -61.5% to 4.9K units in 2022. Over the period under review, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 302%. As a result, imports attained the peak of 13K units, and then contracted remarkably in the following year.

In value terms, sheep; live imports declined remarkably to $727K in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 570%. As a result, imports reached the peak of $1.3M, and then reduced sharply in the following year.

Top Suppliers of Sheep; Live to Austria in 2022:

1. Hungary (3.8K units)
2. Czech Republic (1.1K units)

Source: IndexBox Market Intelligence Platform