Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Oman - 2022
Contents:
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Oman (CIF) - 2022
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Oman (FOB) - 2022
- Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Oman
- Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Oman
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Oman (CIF) - 2022
In 2022, the average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $5,270 per ton, rising by 33% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for frozen sheep (excluding lamb) carcasses and half-carcasseses increased by +57.1% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Tanzania ($5,270 per ton) and Australia ($5,270 per ton), while the price for Italy ($5,270 per ton) and Uruguay ($5,270 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Oman (FOB) - 2022
In 2022, the average export price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $4,563 per ton, increasing by 8.9% against the previous year. Overall, the export price enjoyed a notable expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices hit record highs at $6,436 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($4,563 per ton), while the average price for exports to Qatar totaled $4,563 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+2.0%).
Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Oman
For the third consecutive year, Oman recorded decline in purchases abroad of frozen sheep (excluding lamb) carcasses and half-carcasseses, which decreased by -4.5% to 3.4K tons in 2022. Over the period under review, imports saw a abrupt decrease. The smallest decline of -4% was in 2021.
In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses soared to $18M in 2022. The total import value increased at an average annual rate of +9.3% from 2019 to 2022; 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.
| Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 290 | 8.1 | 141 | 6,582 | 183.1% |
| Spain | 298 | 593 | 1,135 | 2,187 | 94.3% |
| Italy | 224 | 782 | 913 | 2,019 | 108.1% |
| Australia | 3,193 | 1,720 | 1,132 | 1,748 | -18.2% |
| Turkey | 31.3 | 259 | 437 | 1,402 | 255.1% |
| Uruguay | 505 | 361 | 609 | 1,126 | 30.6% |
| Tanzania | 24.6 | 68.7 | 332 | 836 | 223.9% |
| Kenya | 404 | 291 | 94.9 | 550 | 10.8% |
| Somalia | 471 | 607 | 672 | 379 | -7.0% |
| Romania | 806 | 497 | 758 | 311 | -27.2% |
| Singapore | 594 | 198 | 107 | 47.5 | -56.9% |
| New Zealand | 1,212 | 143 | 432 | N/A | -40.3% |
| Ukraine | 459 | 388 | 232 | N/A | -28.9% |
| Others | 5,049 | 7,500 | 6,970 | 533 | -52.7% |
| Total | 13,561 | 13,417 | 13,965 | 17,721 | 9.3% |
Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Oman in 2022:
- United Arab Emirates (1248.8 tons)
- Spain (415.1 tons)
- Italy (383.2 tons)
- Australia (331.7 tons)
- Turkey (266.1 tons)
- Uruguay (213.7 tons)
- Tanzania (158.6 tons)
- Kenya (104.3 tons)
- Somalia (71.9 tons)
- Romania (59.0 tons)
- Singapore (9.0 tons)
Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Oman
Exports of frozen sheep (excluding lamb) carcasses and half-carcasseses from Oman skyrocketed to 48 tons in 2022, rising by 126% compared with 2021. Over the period under review, exports continue to indicate significant growth. 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 skyrocketed to $220K in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 288% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 26.9 | 51.2 | 88.7 | 172 | 85.6% |
| Argentina | N/A | N/A | N/A | 47.5 | 0% |
| India | 12.3 | N/A | N/A | N/A | 0% |
| Bahrain | N/A | 98.9 | N/A | N/A | 0% |
| Others | N/A | 2.1 | 0.6 | N/A | -71.4% |
| Total | 39.2 | 152 | 89.3 | 220 | 77.7% |
Top Export Markets for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Oman in 2022:
- Qatar (37.7 tons)
- Argentina (10.4 tons)
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