Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Pakistan - 2022
Contents:
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Pakistan (FOB) - 2022
- Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Pakistan
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Pakistan (FOB) - 2022
The average export price for fresh or chilled sheep (including lamb) boneless cutses stood at $7,304 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fresh or chilled sheep (including lamb) boneless cutses decreased by -0.2% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by 53%. As a result, the export price reached the peak level of $7,321 per ton; afterwards, it flattened through to 2022.
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 Vietnam ($18,000 per ton), while the average price for exports to Saudi Arabia ($1,000 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 Vietnam (+24.5%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Pakistan
Exports of fresh or chilled sheep (including lamb) boneless cutses from Pakistan dropped dramatically to 15 tons in 2022, declining by -42% against the year before. Over the period under review, exports faced a sharp descent. The smallest decline of -23.8% was in 2020.
In value terms, exports of fresh or chilled sheep (including lamb) boneless cutses fell remarkably to $108K in 2022. In general, exports saw a precipitous decrease. The smallest decline of -23.9% was in 2020.
| Export of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Pakistan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Vietnam | 88.0 | 36.0 | -59.1% | ||
| Kuwait | 49.0 | 36.0 | -26.5% | ||
| Qatar | 27.0 | 12.0 | -55.6% | ||
| United Arab Emirates | 16.0 | 6.0 | -62.5% | ||
| Bahrain | 1.0 | 1.0 | 0.0% | ||
| Saudi Arabia | 2.0 | 1.0 | -50.0% | ||
| Others | 186,364 | 108,066 | -42.0% | ||
| Total | 186,547 | 108,158 | -42.0% | ||
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