Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kuwait - 2022
Contents:
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kuwait (CIF) - 2022
- Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kuwait
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kuwait (CIF) - 2022
In 2022, the average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $6,546 per ton, shrinking by -13.1% against the previous year. In general, the import price showed a noticeable slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 18%. As a result, import price reached the peak level of $9,186 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Kyrgyzstan ($6,546 per ton) and India ($6,546 per ton), while the price for Australia ($6,546 per ton) and the UK ($6,546 per ton) were amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kuwait
In 2022, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses into Kuwait dropped remarkably to 2K tons, which is down by -37% against the previous year's figure. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 785%. As a result, imports attained the peak of 3.1K tons, and then dropped sharply in the following year.
In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses declined sharply to $13M in 2022. Overall, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 722%. As a result, imports reached the peak of $24M, and then reduced remarkably in the following year.
| Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 126 | 358 | 1,109 | 4,754 | 235.4% |
| India | 1,596 | 842 | 18,063 | 2,545 | 16.8% |
| Kazakhstan | 16.5 | 42.6 | 209 | 2,102 | 403.2% |
| Sudan | 537 | 176 | 472 | 564 | 1.6% |
| Spain | 31.0 | 49.2 | 210 | 363 | 127.1% |
| Pakistan | 27.7 | 16.1 | 27.3 | 343 | 131.4% |
| Australia | 1,736 | 232 | 911 | 322 | -43.0% |
| Turkey | 42.4 | 51.6 | 174 | 310 | 94.1% |
| Georgia | 358 | 322 | 392 | 288 | -7.0% |
| Uruguay | N/A | N/A | N/A | 248 | 0% |
| United Kingdom | 11.3 | 57.9 | 422 | 230 | 173.0% |
| Kyrgyzstan | N/A | 1.8 | N/A | 210 | 980.1% |
| Ethiopia | 31.2 | 137 | 396 | 206 | 87.6% |
| Others | 665 | 590 | 1,273 | 463 | -11.4% |
| Total | 5,178 | 2,876 | 23,657 | 12,948 | 35.7% |
Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Kuwait in 2022:
- Kenya (726.2 tons)
- India (388.8 tons)
- Kazakhstan (321.1 tons)
- Sudan (86.2 tons)
- Spain (55.5 tons)
- Pakistan (52.4 tons)
- Australia (49.2 tons)
- Turkey (47.4 tons)
- Georgia (44.0 tons)
- Uruguay (37.8 tons)
- United Kingdom (35.1 tons)
- Kyrgyzstan (32.1 tons)
- Ethiopia (31.5 tons)
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