Goats; Live Price in the United States - 2023

Contents:

1. Goats; Live Price in the United States (FOB) - 2022
2. Goats; Live Price in the United States (CIF) - 2022
3. Goats; Live Exports in the United States
4. Goats; Live Imports in the United States

Goats; Live Price in the United States (FOB) - 2022

In 2022, the average goats; live export price amounted to $170 per unit, dropping by -16.8% against the previous year. In general, the export price, however, saw resilient growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 207%. As a result, the export price attained the peak level of $218 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Jamaica ($248 per unit), while the average price for exports to Mexico ($145 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahamas (+39.6%), while the prices for the other major destinations experienced more modest paces of growth.

Goats; Live Price in the United States (CIF) - 2022

The average goats; live import price stood at $53 per unit in 2022, standing approx. at the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 86%. As a result, import price attained the peak level of $98 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +0.1% per year.

Goats; Live Exports in the United States

Goats; live exports from the United States contracted to 3.4K units in 2022, shrinking by -10.9% against the previous year's figure. Over the period under review, exports showed a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 35%. The exports peaked at 37K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, goats; live exports fell significantly to $584K in 2022. In general, exports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. The exports peaked at $3.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Goats; Live from the United States in 2022:

1. Thailand (866.0 units)
2. Kuwait (638.0 units)
3. Jamaica (555.0 units)
4. Philippines (462.0 units)
5. Mexico (282.0 units)
6. Dominican Republic (165.0 units)
7. Ghana (161.0 units)

Goats; Live Imports in the United States

In 2022, imports of goats; lives into the United States soared to 571 units, growing by 534% against the year before. In general, imports, however, showed a dramatic contraction. Imports peaked at 1.5K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, goats; live imports soared to $30K in 2022. Over the period under review, imports, however, faced a sharp contraction. Over the period under review, imports attained the maximum at $76K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Goats; Live to the United States in 2022:

1. Canada (571.0 units)

Source: IndexBox Market Intelligence Platform