Price for Frozen Lamb Carcasses and Half-Carcasses in the United Arab Emirates - 2021

Contents:

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

Price for Frozen Lamb Carcasses and Half-Carcasses in the United Arab Emirates (CIF) - 2022

The average import price for frozen lamb carcasses and half-carcasseses stood at $4,172 per ton in 2022, reducing by -31.1% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 62% against the previous year. As a result, import price reached the peak level of $6,456 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($5,774 per ton), while the price for Australia ($3,620 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Lamb Carcasses and Half-Carcasses in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for frozen lamb carcasses and half-carcasseses amounted to $9,026 per ton, surging by 97% against the previous year. Overall, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 104% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Eritrea ($14,919 per ton), while the average price for exports to Oman ($2,495 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 Bahrain (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Lamb Carcasses and Half-Carcasses in the United Arab Emirates

In 2022, the amount of frozen lamb carcasses and half-carcasseses imported into the United Arab Emirates totaled 1.9K tons, increasing by 13% on the previous year. Overall, imports, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year.

In value terms, frozen lamb carcasses and half-carcasses imports dropped rapidly to $8M in 2022. In general, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year.

Import of Frozen Lamb Carcasses and Half-Carcasses in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia10.15.88.25.7-17.4%
Uruguay0.10.60.80.791.3%
Spain0.10.10.30.571.0%
UkraineN/AN/AN/A0.20%
KenyaN/A0.10.50.10.0%
Others0.70.80.50.84.6%
Total10.97.410.28.0-9.8%

Top Suppliers of Frozen Lamb Carcasses and Half-Carcasses to the United Arab Emirates in 2022:

  1. Australia (1568.9 tons)
  2. Uruguay (136.4 tons)
  3. Spain (91.1 tons)
  4. Ukraine (29.9 tons)
  5. Kenya (22.6 tons)

Exports of Frozen Lamb Carcasses and Half-Carcasses in the United Arab Emirates

In 2022, approx. 31 tons of frozen lamb carcasses and half-carcasseses were exported from the United Arab Emirates; falling by -2.9% against the year before. In general, exports faced a sharp downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 15% against the previous year.

In value terms, frozen lamb carcasses and half-carcasses exports surged to $283K in 2022. Over the period under review, exports recorded a deep contraction.

Export of Frozen Lamb Carcasses and Half-Carcasses in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Seychelles28.515.473.216579.6%
EritreaN/AN/AN/A37.00%
BahrainN/AN/AN/A32.60%
Oman44974.771.019.6-64.8%
Saudi ArabiaN/AN/A2.97.6162.1%
SudanN/AN/AN/A6.60%
OthersN/A7.00.914.845.4%
Total47797.1148283-16.0%

Top Export Markets for Frozen Lamb Carcasses and Half-Carcasses from the United Arab Emirates in 2022:

  1. Seychelles (15.2 tons)
  2. Oman (7.9 tons)
  3. Bahrain (2.7 tons)
  4. Eritrea (2.5 tons)
  5. Saudi Arabia (1.0 tons)
  6. Sudan (1.0 tons)

Source: IndexBox Market Intelligence Platform

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