Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Kazakhstan - 2022
Contents:
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Kazakhstan (FOB) - 2022
- Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Kazakhstan
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Kazakhstan (FOB) - 2022
In 2022, the average export price for fresh or chilled lamb carcasses and half-carcasseses amounted to $7,287 per ton, picking up by 7.8% against the previous year. Over the period under review, export price indicated a strong expansion from 2016 to 2022: its price increased at an average annual rate of +11.3% over the last six years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fresh or chilled lamb carcasses and half-carcasseses increased by +34.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 85%. The export price peaked at $7,779 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($7,737 per ton), while the average price for exports to the United Arab Emirates totaled $7,276 per ton.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Kazakhstan
In 2022, after three years of growth, there was significant decline in shipments abroad of fresh or chilled lamb carcasses and half-carcasseses, when their volume decreased by -74.6% to 179 tons. Over the period under review, exports faced a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year. As a result, the exports reached the peak of 702 tons, and then declined sharply in the following year.
In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses dropped significantly to $1.3M in 2022. Overall, exports saw a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 38% against the previous year.
| Export of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 886 | 1,581 | 2,714 | 1,267 | 12.7% |
| Kuwait | 134 | 44.6 | 33.2 | 34.1 | -36.6% |
| Iran | 2,533 | 1,452 | 1,716 | N/A | -17.7% |
| Bahrain | 836 | 225 | 94.5 | N/A | -66.4% |
| Others | 439 | 146 | 190 | N/A | -34.2% |
| Total | 4,827 | 3,448 | 4,748 | 1,301 | -35.4% |
Top Export Markets for Fresh or Chilled Lamb Carcasses and Half-Carcasses from Kazakhstan in 2022:
- United Arab Emirates (174.2 tons)
- Kuwait (4.4 tons)
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