Price for Sheep and Goats; Live in Ethiopia - 2022
Contents:
- Price for Sheep and Goats; Live in Ethiopia (FOB) - 2022
- Exports of Sheep and Goats; Live in Ethiopia
Price for Sheep and Goats; Live in Ethiopia (FOB) - 2022
In 2022, the average sheep and goats; live export price amounted to $94 per unit, falling by -24.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 27% against the previous year. The export price peaked at $124 per unit in 2021, and then reduced markedly in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Bahrain ($94 per unit) and Yemen ($94 per unit), while the average price for exports to Oman ($94 per unit) and Djibouti ($94 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+9.9%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Sheep and Goats; Live in Ethiopia
In 2022, approx. 82K units of sheep and goats; live were exported from Ethiopia; reducing by -2.5% on the previous year. Overall, exports recorded a precipitous contraction. The exports peaked at 228K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, sheep and goats; live exports reduced dramatically to $7.8M in 2022. Over the period under review, exports continue to indicate a dramatic contraction. The smallest decline of -9.2% was in 2021. Over the period under review, the exports hit record highs at $23M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Sheep and Goats; Live in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | 15.0 | 8.3 | 5.4 | 7.1 | -22.1% |
| Djibouti | 1.5 | 0.9 | 1.7 | 0.3 | -41.5% |
| Bahrain | 3.7 | 0.8 | 0.4 | 0.2 | -62.2% |
| Oman | 1.0 | 0.4 | 0.2 | 0.1 | -53.6% |
| Kuwait | 0.3 | 0.5 | 2.1 | N/A | 164.6% |
| Saudi Arabia | 1.3 | 0.3 | 0.5 | N/A | -38.0% |
| Others | 0.6 | 0.2 | 0.1 | N/A | -59.2% |
| Total | 23.4 | 11.6 | 10.5 | 7.8 | -30.7% |
Top Export Markets for Sheep and Goats; Live from Ethiopia in 2022:
- Yemen (75.5K units)
- Djibouti (3.7K units)
- Bahrain (1.6K units)
- Oman (1.4K units)
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