Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Azerbaijan - 2023
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Azerbaijan (CIF) - 2022
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Azerbaijan
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Azerbaijan (CIF) - 2022
In 2022, the average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) amounted to $17,625 per ton, with an increase of 22% against the previous year. Overall, the import price showed resilient growth. The most prominent rate of growth was recorded in 2015 an increase of 469%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Luxembourg ($30,826 per ton), while the price for Russia totaled $4,959 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+210.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Azerbaijan
In 2022, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) into Azerbaijan soared to 774 kg, with an increase of 36% on the previous year. In general, imports, however, faced a sharp setback. The pace of growth appeared the most rapid in 2020 when imports increased by 214%. As a result, imports attained the peak of 40 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) soared to $14K in 2022. Over the period under review, imports, however, recorded a precipitous descent. The pace of growth was the most pronounced in 2020 when imports increased by 784%. As a result, imports reached the peak of $659K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | 2.1 | 2.9 | 0.2 | 11.7 | 77.3% |
| Russia | 2.9 | 5.1 | 0.2 | 2.0 | -11.6% |
| Moldova | 13.8 | N/A | N/A | N/A | 0% |
| Georgia | 18.9 | 57.7 | 3.8 | N/A | -55.2% |
| Saudi Arabia | N/A | 542 | N/A | N/A | 0% |
| Others | 36.8 | 50.7 | 4.0 | N/A | -67.0% |
| Total | 74.6 | 659 | 8.3 | 13.6 | -43.3% |
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Azerbaijan in 2022:
- Russia (395.0 kg)
- Luxembourg (379.0 kg)
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