Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Pakistan - 2023
Contents:
- Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Pakistan (FOB) - 2023
- Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Pakistan
Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Pakistan (FOB) - 2023
The average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $7,994 per ton in July 2023, almost unchanged from the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 an increase of 6.9% m-o-m. As a result, the export price reached the peak level of $8,895 per ton. From November 2022 to July 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In July 2023, the countries with the highest prices were Kuwait ($8,628 per ton) and Saudi Arabia ($7,896 per ton), while the average price for exports to Oman ($7,834 per ton) and Qatar ($7,838 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (-0.2%), while the prices for the other major destinations experienced a decline.
Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Pakistan
For the third consecutive year, Pakistan recorded decline in overseas shipments of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses, which decreased by -25.3% to 468 tons in 2022. In general, exports saw a precipitous shrinkage.
In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses contracted sharply to $4M in 2022. Over the period under review, exports showed a precipitous shrinkage.
| Export of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 2.5 | 0.9 | 1.1 | 1.3 | -19.6% |
| Kuwait | 2.1 | 1.2 | 0.6 | 1.0 | -21.9% |
| Saudi Arabia | 11.5 | 1.3 | 0.4 | 0.7 | -60.7% |
| Oman | 0.5 | 0.1 | 0.2 | 0.6 | 6.3% |
| United Arab Emirates | 6.2 | 5.6 | 2.7 | 0.4 | -59.9% |
| Bahrain | 0.9 | 0.1 | 0.1 | 0.1 | -51.9% |
| Thailand | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 23.8 | 9.2 | 5.0 | 4.0 | -44.8% |
Top Export Markets for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Pakistan in 2022:
- Qatar (164.5 tons)
- Kuwait (104.9 tons)
- Saudi Arabia (78.4 tons)
- Oman (67.0 tons)
- United Arab Emirates (40.6 tons)
- Bahrain (12.6 tons)
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