Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kenya - 2022
Contents:
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kenya (FOB) - 2022
- Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kenya
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kenya (FOB) - 2022
In December 2021, the average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $5,172 per ton, falling by -9.2% against the previous month. Overall, the export price continues to indicate a mild decrease. The pace of growth appeared the most rapid in July 2021 an increase of 4.3% m-o-m. Over the period under review, the average export prices attained the peak figure at $5,930 per ton in January 2021; however, from February 2021 to December 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2021, the country with the highest price was Kuwait ($6,442 per ton), while the average price for exports to the United Arab Emirates ($4,282 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+0.4%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kenya
In 2022, shipments abroad of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses decreased by -21% to 2.5K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 432%.
In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses reduced markedly to $15M in 2022. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 441% against the previous year.
Export of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kenya (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kuwait | 0.2 | 0.6 | 1.2 | 6.5 | 219.1% |
Bahrain | 0.3 | 9.5 | 13.3 | 5.1 | 157.1% |
United Arab Emirates | 1.2 | 1.7 | 2.3 | 2.5 | 27.7% |
Oman | 0.1 | 0.1 | N/A | 0.6 | 81.7% |
Saudi Arabia | 0.3 | N/A | 0.9 | 0.3 | 0.0% |
Qatar | 0.3 | 1.5 | 1.1 | N/A | 91.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.5 | 13.3 | 18.7 | 15.0 | 81.7% |
Top Export Markets for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Kenya in 2022:
- Kuwait (989.5 tons)
- Bahrain (924.4 tons)
- United Arab Emirates (431.9 tons)
- Oman (97.1 tons)
- Saudi Arabia (56.2 tons)
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