Price for Sheep and Goats; Live in Kuwait - 2021
Contents:
- Price for Sheep and Goats; Live in Kuwait (CIF) - 2022
- Price for Sheep and Goats; Live in Kuwait (FOB) - 2022
- Imports of Sheep and Goats; Live in Kuwait
- Exports of Sheep and Goats; Live in Kuwait
Price for Sheep and Goats; Live in Kuwait (CIF) - 2022
In 2022, the average sheep and goats; live import price amounted to $103 per unit, reducing by -10.6% against the previous year. Overall, the import price showed a noticeable descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 69%. As a result, import price attained the peak level of $154 per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($125 per unit), while the price for Somalia ($47 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (-0.3%), while the prices for the other major suppliers experienced a decline.
Price for Sheep and Goats; Live in Kuwait (FOB) - 2022
The average sheep and goats; live export price stood at $142 per unit in 2022, therefore, remained relatively stable against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 14%. As a result, the export price reached the peak level of $163 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($231 per unit), while the average price for exports to Oman ($102 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sheep and Goats; Live in Kuwait
In 2022, approx. 1.8M units of sheep and goats; live were imported into Kuwait; rising by 19% against 2021 figures. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 56%. As a result, imports attained the peak of 2.1M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sheep and goats; live imports expanded markedly to $187M in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 19% against the previous year. As a result, imports attained the peak of $198M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Sheep and Goats; Live in Kuwait (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 9.8 | 27.6 | 54.5 | 61.4 | 84.4% |
| Australia | 46.2 | 37.8 | 44.1 | 29.5 | -13.9% |
| Saudi Arabia | 19.7 | 32.4 | 13.5 | 23.7 | 6.4% |
| Syrian Arab Republic | 13.6 | 16.0 | 16.4 | 20.2 | 14.1% |
| Jordan | 65.0 | 57.7 | 20.1 | 16.6 | -36.6% |
| Turkey | 1.2 | 2.2 | 6.5 | 8.8 | 94.3% |
| Armenia | 1.0 | 4.1 | 5.7 | 4.3 | 62.6% |
| Lebanon | 0.5 | 1.7 | 2.6 | 2.9 | 79.7% |
| Somalia | 1.2 | 3.8 | 1.4 | 2.3 | 24.2% |
| South Africa | 5.5 | 11.9 | 6.6 | N/A | 9.5% |
| Others | 2.6 | 2.7 | 4.8 | 17.3 | 88.1% |
| Total | 166 | 198 | 176 | 187 | 4.1% |
Top Suppliers of Sheep and Goats; Live to Kuwait in 2022:
- Iran (618.3K units)
- Australia (322.8K units)
- Saudi Arabia (223.4K units)
- Jordan (169.0K units)
- Turkey (70.2K units)
- Somalia (48.8K units)
- Armenia (47.0K units)
- Lebanon (31.1K units)
- Syrian Arab Republic (30.0K units)
Exports of Sheep and Goats; Live in Kuwait
In 2022, after three years of growth, there was significant decline in shipments abroad of sheep and goats; live, when their volume decreased by -17.8% to 4.6K units. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 122% against the previous year. Over the period under review, the exports hit record highs at 5.6K units in 2021, and then fell rapidly in the following year.
In value terms, sheep and goats; live exports contracted significantly to $659K in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 98% against the previous year. The exports peaked at $789K in 2021, and then contracted remarkably in the following year.
| Export of Sheep and Goats; Live in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 91.7 | 310 | 320 | 307 | 49.6% |
| Saudi Arabia | 57.5 | 50.5 | 178 | 236 | 60.1% |
| Bahrain | 46.2 | 33.6 | 81.3 | 48.9 | 1.9% |
| Oman | 56.4 | 47.9 | 143 | 47.7 | -5.4% |
| United Arab Emirates | 11.6 | 83.9 | 65.6 | 18.5 | 16.8% |
| Others | 3.2 | 2.2 | 2.0 | 0.5 | -46.1% |
| Total | 267 | 528 | 789 | 659 | 35.1% |
Top Export Markets for Sheep and Goats; Live from Kuwait in 2022:
- Qatar (2126.0 units)
- Saudi Arabia (1698.0 units)
- Oman (469.0 units)
- Bahrain (212.0 units)
- United Arab Emirates (122.0 units)
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