Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Vietnam - 2022
Contents:
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Vietnam (CIF) - 2022
- Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Vietnam (FOB) - 2022
- Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Vietnam
- Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Vietnam
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Vietnam (CIF) - 2022
The average import price for meat of sheep or goats; fresh, chilled or frozen stood at $9,014 per ton in December 2022, surging by 5.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in January 2022 when the average import price increased by 19% against the previous month. The import price peaked at $9,423 per ton in June 2022; however, from July 2022 to December 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was Australia ($9,079 per ton), while the price for New Zealand amounted to $8,464 per ton.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Australia (+1.6%).
Price for Meat of Sheep or Goats; Fresh, Chilled or Frozen in Vietnam (FOB) - 2022
The average export price for meat of sheep or goats; fresh, chilled or frozen stood at $4,968 per ton in 2022, falling by -9.7% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for meat of sheep or goats; fresh, chilled or frozen increased by +15.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 132%. As a result, the export price attained the peak level of $8,309 per ton. From 2014 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 Hong Kong SAR ($12,432 per ton), while the average price for exports to the United Arab Emirates ($1,000 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 Hong Kong SAR (+8.8%), while the prices for the other major destinations experienced a decline.
Imports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Vietnam
In 2022, overseas purchases of meat of sheep or goats; fresh, chilled or frozen were finally on the rise to reach 1K tons after two years of decline. In general, imports, however, recorded a dramatic slump.
In value terms, imports of meat of sheep or goats; fresh, chilled or frozen soared to $4.7M in 2022. Over the period under review, imports, however, faced a dramatic descent.
| Import of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 5,985 | 2,219 | 2,081 | 3,090 | -19.8% |
| New Zealand | 1,394 | 810 | 511 | 489 | -29.5% |
| Mongolia | 637 | 1,299 | 265 | 396 | -14.7% |
| Hong Kong SAR | 1,017 | 228 | 113 | 205 | -41.4% |
| Kenya | 375 | 294 | 192 | 151 | -26.2% |
| United Kingdom | 285 | 173 | 127 | 76.7 | -35.4% |
| Argentina | 464 | 245 | 171 | 65.9 | -47.8% |
| Pakistan | 109 | 77.8 | 65.7 | 45.4 | -25.3% |
| Ireland | 130 | 85.5 | 68.2 | 44.5 | -30.0% |
| Tanzania | 309 | 146 | 65.6 | 38.5 | -50.1% |
| Mauritania | 210 | N/A | N/A | N/A | 0% |
| Others | 945 | 125 | 117 | 137 | -47.5% |
| Total | 11,860 | 5,701 | 3,776 | 4,739 | -26.3% |
Top Suppliers of Meat of Sheep or Goats; Fresh, Chilled or Frozen to Vietnam in 2022:
- Australia (435.2 tons)
- Mongolia (135.0 tons)
- Hong Kong SAR (129.9 tons)
- Kenya (111.0 tons)
- Pakistan (38.9 tons)
- New Zealand (37.1 tons)
- United Kingdom (26.0 tons)
- Argentina (22.2 tons)
- Ireland (18.6 tons)
- Tanzania (10.8 tons)
Exports of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Vietnam
In 2022, approx. 154 kg of meat of sheep or goats; fresh, chilled or frozen were exported from Vietnam; which is down by -14.4% compared with 2021. Overall, exports recorded a precipitous slump. The pace of growth appeared the most rapid in 2021 when exports increased by 43%.
In value terms, exports of meat of sheep or goats; fresh, chilled or frozen dropped markedly to $765 in 2022. Over the period under review, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 83% against the previous year.
| Export of Meat of Sheep or Goats; Fresh, Chilled or Frozen in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 12.8 | 0.4 | 0.6 | 0.5 | -66.1% |
| Qatar | 4.5 | 0.2 | 0.3 | 0.3 | -59.5% |
| Cambodia | 1.7 | N/A | N/A | N/A | 0% |
| Mongolia | 2.8 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 21.9 | 0.5 | 1.0 | 0.8 | -66.8% |
Top Export Markets for Meat of Sheep or Goats; Fresh, Chilled or Frozen from Vietnam in 2022:
- Qatar (113.0 kg)
- Hong Kong SAR (37.0 kg)
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