Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Algeria - 2022

Contents:

  1. Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Algeria (CIF) - 2022
  2. Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Algeria

Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Algeria (CIF) - 2022

In 2022, the average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $3,550 per ton, with a decrease of -8.5% against the previous year. In general, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2013 when the average import price increased by 4.4%. Over the period under review, average import prices reached the maximum at $7,493 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -5.5% per year.

Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Algeria

In 2022, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses into Algeria surged to 1.7K tons, growing by 16% against the previous year's figure. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 16%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses expanded sharply to $6M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain5.05.35.75.53.2%
OthersN/AN/AN/A0.50%
Total5.05.35.76.06.3%

Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Algeria in 2022:

  1. Spain (1361.4 tons)

Source: IndexBox Market Intelligence Platform

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