Price for Sheep and Goats; Live in the UK - 2023

Contents:

1. Price for Sheep and Goats; Live in the UK (FOB) - 2023
2. Price for Sheep and Goats; Live in the UK (CIF) - 2022
3. Exports of Sheep and Goats; Live in the UK
4. Imports of Sheep and Goats; Live in the UK

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

In August 2023, the average sheep and goats; live export price amounted to $130 per unit, waning by -15.8% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 21% m-o-m. As a result, the export price reached the peak level of $158 per unit. From June 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

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

From August 2022 to August 2023, the rate of growth in terms of prices for Ireland amounted to +0.6% per month.

Price for Sheep and Goats; Live in the UK (CIF) - 2022

The average sheep and goats; live import price stood at $369 per unit in 2022, which is down by -92.3% against the previous year. Overall, the import price showed a deep setback. The growth pace was the most rapid in 2020 when the average import price increased by 1,656%. The import price peaked at $5,312 per unit in 2017; however, from 2018 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 ($6,303 per unit), while the price for Sweden ($62 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+7.2%).

Exports of Sheep and Goats; Live in the UK

After two years of decline, shipments abroad of sheep and goats; live increased by 7.6% to 150K units in 2022. In general, exports, however, showed a abrupt descent. Over the period under review, the exports hit record highs at 262K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, sheep and goats; live exports dropped modestly to $21M in 2022. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 0.9%. Over the period under review, the exports hit record highs at $28M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. France (undefinedK units)
2. Ireland (45.7K units)
3. Nicaragua (5.3K units)

Imports of Sheep and Goats; Live in the UK

In 2022, approx. 815 units of sheep and goats; live were imported into the UK; rising by 3,975% compared with the previous year's figure. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sheep and goats; live imports skyrocketed to $300K in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 523%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. Netherlands (311.0 units)
2. France (264.0 units)
3. Austria (156.0 units)
4. Belgium (52.0 units)
5. Sweden (21.0 units)
6. New Zealand (8.0 units)

Source: IndexBox Market Intelligence Platform