Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates - 2022

Contents:

  1. Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates (CIF) - 2022
  2. Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates (FOB) - 2022
  3. Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates
  4. Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates

Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $8,258 per ton, increasing by 19% against the previous year. Over the last decade, it increased at an average annual rate of +5.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Australia ($9,580 per ton), while the price for Kenya ($5,958 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses amounted to $28,674 per ton, surging by 331% against the previous year. In general, the export price continues to indicate a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($73,127 per ton), while the average price for exports to Oman ($5,519 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+6.7%), while the prices for the other major destinations experienced a decline.

Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates

In 2022, approx. 11K tons of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses were imported into the United Arab Emirates; with an increase of 42% on the year before. Overall, imports, however, showed a pronounced reduction.

In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses skyrocketed to $90M in 2022. Over the period under review, imports showed a noticeable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India66.834.340.557.0-5.2%
Kazakhstan1.02.65.68.5104.1%
SudanN/AN/AN/A7.50%
Australia3.82.20.44.55.8%
Pakistan5.01.00.33.5-11.2%
Kenya0.10.11.62.4188.4%
Ethiopia1.01.21.52.332.0%
Others3.30.93.44.17.5%
Total81.042.353.389.83.5%

Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to the United Arab Emirates in 2022:

  1. India (6.3K tons)
  2. Kazakhstan (1.3K tons)
  3. Sudan (1.1K tons)
  4. Australia (0.5K tons)
  5. Pakistan (0.4K tons)
  6. Kenya (0.4K tons)
  7. Ethiopia (0.3K tons)

Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates

In 2022, the amount of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses exported from the United Arab Emirates declined notably to 79 tons, falling by -33.9% compared with 2021. Over the period under review, exports continue to indicate a significant curtailment.

In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses soared to $2.3M in 2022. Overall, exports recorded a mild slump.

Export of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sri LankaN/AN/AN/A1,2360%
GhanaN/AN/AN/A6350%
Oman1,9791,066798197-53.7%
Cote d'IvoireN/AN/AN/A1780%
BahrainN/AN/AN/A25.20%
Iran408260N/AN/A-36.3%
Others4.929.60.30.1-72.7%
Total2,3921,3567982,272-1.7%

Top Export Markets for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses from the United Arab Emirates in 2022:

  1. Oman (35.7 tons)
  2. Sri Lanka (23.3 tons)
  3. Ghana (14.8 tons)
  4. Bahrain (3.0 tons)
  5. Cote d'Ivoire (2.4 tons)

Source: IndexBox Market Intelligence Platform

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