Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh - 2022
Contents:
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh (CIF) - 2022
- Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh (CIF) - 2022
In 2022, the average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $3,582 per ton, waning by -7.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 19%. Over the period under review, average import prices hit record highs at $4,552 per ton in 2019; however, from 2020 to 2022, import prices remained at a 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 Malaysia ($7,375 per ton), while the price for Saudi Arabia totaled $4,046 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+18.7%).
Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh
For the fourth consecutive year, Bangladesh recorded growth in supplies from abroad of frozen sheep (excluding lamb) carcasses and half-carcasseses, which increased by 14% to 3 tons in 2022. The total import volume increased at an average annual rate of +14.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses expanded remarkably to $11K in 2022. The total import value increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 5.2% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 8.8 | 8.3 | 7.6 | 7.9 | -3.5% |
| Malaysia | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Others | 0.1 | 1.1 | 2.3 | 2.5 | 192.4% |
| Total | 9.1 | 9.6 | 10.1 | 10.6 | 5.2% |
Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Bangladesh in 2022:
- Saudi Arabia (1950.0 kg)
- Malaysia (32.0 kg)
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