Price for Sheep and Goats; Live in Spain - 2023

Contents:

  1. Price for Sheep and Goats; Live in Spain (FOB) - 2023
  2. Price for Sheep and Goats; Live in Spain (CIF) - 2023
  3. Exports of Sheep and Goats; Live in Spain
  4. Imports of Sheep and Goats; Live in Spain

Price for Sheep and Goats; Live in Spain (FOB) - 2023

The average sheep and goats; live export price stood at $136 per unit in August 2023, growing by 12% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 21% against the previous month. Over the period under review, the average export prices reached the peak figure at $156 per unit in June 2023; however, from July 2023 to August 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Libya ($161 per unit), while the average price for exports to Lebanon ($90.6 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Sheep and Goats; Live in Spain (CIF) - 2023

In August 2023, the average sheep and goats; live import price amounted to $92.4 per unit, with an increase of 9.4% against the previous month. Overall, the import price, however, continues to indicate a perceptible setback. The growth pace was the most rapid in September 2022 an increase of 19% m-o-m. Over the period under review, average import prices hit record highs at $192 per unit in October 2022; however, from November 2022 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($155 per unit), while the price for Portugal amounted to $88.6 per unit.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+2.3%), while the prices for the other major suppliers experienced a decline.

Exports of Sheep and Goats; Live in Spain

After two years of decline, overseas shipments of sheep and goats; live increased by 21% to 1.5M units in 2022. The total export volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sheep and goats; live exports skyrocketed to $193M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports hit record highs at $197M in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Sheep and Goats; Live in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
JordanN/A31.523.170.249.3%
Saudi ArabiaN/A41.631.132.9-11.1%
France9.817.228.324.736.1%
Portugal16.212.821.120.27.6%
Germany5.48.117.413.435.4%
Hungary2.1N/A4.110.068.2%
Italy4.95.79.69.725.6%
Libya10166.67.56.1-60.8%
Romania19.08.45.22.6-48.5%
Lebanon7.34.23.12.1-34.0%
Others2.01.12.31.0-20.6%
Total1681971531934.7%

Top Export Markets for Sheep and Goats; Live from Spain in 2022:

  1. Jordan (493.0K units)
  2. France (215.3K units)
  3. Portugal (185.1K units)
  4. Saudi Arabia (173.2K units)
  5. Italy (157.1K units)
  6. Germany (120.2K units)
  7. Hungary (79.5K units)
  8. Libya (35.9K units)
  9. Romania (15.7K units)
  10. Lebanon (10.9K units)

Imports of Sheep and Goats; Live in Spain

In 2022, purchases abroad of sheep and goats; live decreased by -4.1% to 224K units, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 9%. As a result, imports reached the peak of 314K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, sheep and goats; live imports contracted to $12M in 2022. Over the period under review, imports recorded a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 11%. As a result, imports reached the peak of $18M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Sheep and Goats; Live in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France10.613.112.210.5-0.3%
Italy0.50.21.11.130.1%
GreeceN/AN/AN/A0.60%
Portugal5.14.40.50.1-73.0%
OthersN/A0.20.2N/A0.0%
Total16.117.914.112.2-8.8%

Top Suppliers of Sheep and Goats; Live to Spain in 2022:

  1. France (184.2K units)
  2. Italy (30.4K units)
  3. Greece (8.0K units)
  4. Portugal (1.1K units)

Source: IndexBox Market Intelligence Platform

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