Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Nigeria - 2022
Contents:
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Nigeria (CIF) - 2022
- Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Nigeria
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Nigeria (CIF) - 2022
The average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $4,718 per ton in 2022, dropping by -15.6% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2017 an increase of 39% against the previous year. The import price peaked at $10,680 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($8,267 per ton), while the price for Tanzania stood at $5,074 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-2.5%).
Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Nigeria
In 2022, after three years of growth, there was significant decline in supplies from abroad of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses, when their volume decreased by -21.1% to 206 kg. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 76% against the previous year.
In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses fell remarkably to $972 in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 49%.
| Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | N/A | 1,167 | 0% |
| South Africa | 754 | 1,123 | 1,459 | 124 | -45.2% |
| Others | N/A | N/A | N/A | -319.0 | 0% |
| Total | 754 | 1,123 | 1,459 | 972 | 8.8% |
Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Nigeria in 2022:
- Tanzania (230.0 kg)
- South Africa (15.0 kg)
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