Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in India - 2023
Contents:
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in India (FOB) - 2023
- Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in India
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in India (FOB) - 2023
In November 2023, the average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $7,502 per ton, approximately mirroring the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 2.4% against the previous month. Over the period under review, the average export prices hit record highs at $7,759 per ton in March 2023; however, from April 2023 to November 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In November 2023, the country with the highest price was Qatar ($7,928 per ton), while the average price for exports to the United Arab Emirates ($7,465 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+0.1%), while the prices for the other major destinations experienced a decline.
Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in India
In 2022, approx. 6.5K tons of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses were exported from India; waning by -8.8% on 2021. Over the period under review, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 5%.
In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses fell to $49M in 2022. In general, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 18%.
| Export of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 68.9 | 35.8 | 42.0 | 40.0 | -16.6% |
| Qatar | 8.4 | 4.0 | 4.5 | 5.8 | -11.6% |
| Kuwait | 8.5 | 2.3 | 3.0 | 1.8 | -40.4% |
| Oman | 2.2 | 0.8 | 0.9 | 0.9 | -25.8% |
| Saudi Arabia | 2.8 | 0.3 | 0.2 | N/A | -73.3% |
| Others | 3.2 | 0.8 | 1.1 | 0.5 | -46.1% |
| Total | 94.1 | 44.0 | 51.8 | 49.1 | -19.5% |
Top Export Markets for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses from India in 2022:
- United Arab Emirates (5.3K tons)
- Qatar (0.8K tons)
- Kuwait (0.2K tons)
- Oman (0.1K tons)
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