Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Ukraine - 2023

Contents:

  1. Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Ukraine (FOB) - 2023
  2. Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Ukraine (CIF) - 2022
  3. Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Ukraine
  4. Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Ukraine

Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Ukraine (FOB) - 2023

The average export price for meat of sheep or goats; fresh, chilled or frozen stood at $4,039 per ton in November 2023, shrinking by -1.8% against the previous month. Over the period under review, the export price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 44% m-o-m. Over the period under review, the average export prices attained the peak figure at $6,774 per ton in April 2023; however, from May 2023 to November 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From November 2022 to November 2023, the rate of growth in terms of prices for the United Arab Emirates amounted to -3.2% per month.

Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Ukraine (CIF) - 2022

The average import price for meat of sheep or goats; fresh, chilled or frozen stood at $15,248 per ton in 2022, shrinking by -3.5% against the previous year. Overall, the import price, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 167% against the previous year. The import price peaked at $16,589 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 New Zealand ($26,742 per ton), while the price for Australia ($11,755 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Ukraine

In 2022, approx. 214 tons of meat of sheep or goats; fresh, chilled or frozen were exported from Ukraine; growing by 107% on the previous year. Overall, exports, however, continue to indicate a pronounced contraction.

In value terms, exports of meat of sheep or goats; fresh, chilled or frozen soared to $1.2M in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/A184972428.3%
OmanN/A548261175-43.5%
KuwaitN/A22311.662.4-47.1%
Turkey10514.19.11.4-76.3%
Sri LankaN/A147N/AN/A0%
Jordan192N/AN/AN/A0%
Iraq328N/AN/AN/A0%
Others55.111.961.711.5-40.7%
Total6819435271,22321.6%

Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Ukraine in 2022:

  1. United Arab Emirates (145.8 tons)
  2. Oman (48.5 tons)
  3. Kuwait (18.0 tons)
  4. Turkey (0.3 tons)

Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Ukraine

Imports of meat of sheep or goats; fresh, chilled or frozen into Ukraine shrank notably to 7.3 tons in 2022, falling by -64.4% on the previous year. Over the period under review, imports continue to indicate a significant curtailment. The smallest decline of -30.2% was in 2020.

In value terms, imports of meat of sheep or goats; fresh, chilled or frozen contracted rapidly to $111K in 2022. In general, imports recorded a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 87%. As a result, imports reached the peak of $550K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia33.976.212764.724.0%
New Zealand12543211935.2-34.5%
IrelandN/AN/AN/A11.00%
Moldova112N/AN/AN/A0%
Turkey23.82.60.7N/A-82.9%
OthersN/A38.875.4N/A94.3%
Total294550323111-27.7%

Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Ukraine in 2022:

  1. Australia (5.5 tons)
  2. New Zealand (1.3 tons)
  3. Ireland (0.5 tons)

Source: IndexBox Market Intelligence Platform

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