Goats; Live Price in India - 2023

Contents:

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

Goats; Live Price in India (FOB) - 2023

In September 2023, the average goats; live export price amounted to $56.4 per unit, approximately reflecting the previous month. Over the period under review, the export price showed a abrupt setback. The growth pace was the most rapid in June 2023 when the average export price increased by 41% m-o-m. Over the period under review, the average export prices hit record highs at $147 per unit in November 2022; however, from December 2022 to September 2023, the export prices failed to regain momentum.

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.

Goats; Live Price in India (CIF) - 2022

In 2022, the average goats; live import price amounted to $222 per unit, surging by 7.1% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, goats; live import price decreased by -30.3% against 2018 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 44% against the previous year. The import price peaked at $318 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Nepal amounted to +3.4% per year.

Goats; Live Exports in India

In 2022, the amount of goats; lives exported from India declined dramatically to 77K units, waning by -64.6% against 2021 figures. In general, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 121% against the previous year. The exports peaked at 320K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, goats; live exports contracted notably to $3.6M in 2022. Over the period under review, exports showed a sharp contraction. The pace of growth was the most pronounced in 2021 when exports increased by 135%. The exports peaked at $15M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. United Arab Emirates (66.0K units)
2. Nepal (11.0K units)

Goats; Live Imports in India

After three years of growth, purchases abroad of goats; lives decreased by -6.5% to 693 units in 2022. The total import volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 15%. Imports peaked at 741 units in 2021, and then declined in the following year.

In value terms, goats; live imports reached $154K in 2022. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $155K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Goats; Live to India in 2022:

1. Nepal (693.0 units)

Source: IndexBox Market Intelligence Platform