Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in India - 2023
Contents:
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in India (FOB) - 2022
- Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in India
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in India (FOB) - 2022
The average export price for frozen sheep (excluding lamb) carcasses and half-carcasseses stood at $4,116 per ton in 2022, with a decrease of -15.7% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 29%. As a result, the export price reached the peak level of $5,414 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($5,147 per ton), while the average price for exports to Oman ($1,949 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 Saudi Arabia (+0.1%), while the prices for the other major destinations experienced a decline.
Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in India
In 2022, exports of frozen sheep (excluding lamb) carcasses and half-carcasseses from India surged to 310 tons, with an increase of 59% compared with 2021 figures. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of frozen sheep (excluding lamb) carcasses and half-carcasseses soared to $1.3M in 2022. The total export value increased at an average annual rate of +9.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 898 | 613 | 370 | 929 | 1.1% |
| Saudi Arabia | 64.0 | 315 | 570 | 228 | 52.7% |
| Kuwait | N/A | N/A | N/A | 106 | 0% |
| Bahrain | N/A | 98.8 | N/A | N/A | 0% |
| Others | 23.1 | 98.1 | 12.4 | 12.5 | -18.5% |
| Total | 985 | 1,125 | 953 | 1,276 | 9.0% |
Top Export Markets for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses from India in 2022:
- United Arab Emirates (239.7 tons)
- Saudi Arabia (45.7 tons)
- Kuwait (20.7 tons)
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