Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Kenya - 2022
Contents:
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Kenya (FOB) - 2022
- Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Kenya (CIF) - 2022
- Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Kenya
- Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Kenya
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Kenya (FOB) - 2022
The average export price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $4,271 per ton in December 2021, waning by -5.5% against the previous month. Overall, the export price, however, posted a tangible expansion. The most prominent rate of growth was recorded in April 2021 an increase of 141% month-to-month. As a result, the export price attained the peak level of $9,758 per ton. From May 2021 to December 2021, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In December 2021, the country with the highest price was New Zealand ($4,171 per ton), while the average price for exports to Saudi Arabia stood at $4,168 per ton.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Kenya (CIF) - 2022
The average import price for frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) stood at $8,680 per ton in 2022, shrinking by -6% against the previous year. In general, the import price, however, saw pronounced growth. Over the period under review, average import prices hit record highs at $48,134 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tanzania ($9,000 per ton), while the price for the Netherlands amounted to $1,000 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-22.8%).
Exports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Kenya
In 2022, approx. 868 tons of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) were exported from Kenya; increasing by 453% on 2021. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 804%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) surged to $3.9M in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 448% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 15.9 | 39.4 | 183 | 2,989 | 472.9% |
| Mali | 0.1 | 0.9 | 8.2 | 254 | 1264.4% |
| New Zealand | N/A | N/A | 224 | 179 | -20.1% |
| South Africa | N/A | N/A | N/A | 106 | 0% |
| Democratic Republic of the Congo | 6.0 | 14.0 | 98.4 | 93.7 | 150.0% |
| Bahrain | N/A | 5.9 | 32.9 | 11.3 | 38.4% |
| Others | 47.9 | 79.0 | 216 | 265 | 76.9% |
| Total | 69.9 | 139 | 763 | 3,899 | 282.1% |
Top Export Markets for Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) from Kenya in 2022:
- Saudi Arabia (669.7 tons)
- Mali (55.7 tons)
- New Zealand (44.0 tons)
- Democratic Republic of the Congo (23.6 tons)
- South Africa (22.4 tons)
- Bahrain (16.6 tons)
Imports of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Kenya
In 2022, approx. 25 kg of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) were imported into Kenya; shrinking by -46.8% against the previous year's figure. Overall, imports recorded a sharp contraction.
In value terms, imports of frozen sheep (including lamb) cuts with bone in (excluding carcasses and half-carcasses) contracted significantly to $217 in 2022. In general, imports recorded a precipitous shrinkage.
| Import of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Tanzania | N/A | 216 | 0% | ||
| Netherlands | 84.0 | 1.0 | -98.8% | ||
| Norway | 350 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 434 | 217 | -50.0% | ||
Top Suppliers of Frozen Sheep (Including Lamb) Cuts with Bone in (Excluding Carcasses and Half-Carcasses) to Kenya in 2022:
- Tanzania (24.0 kg)
- Netherlands (1.0 kg)
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