Sheep; Live Price in Israel - 2023

Contents:

1. Sheep; Live Price in Israel (CIF) - 2022
2. Sheep; Live Price in Israel (FOB) - 2022
3. Sheep; Live Imports in Israel
4. Sheep; Live Exports in Israel

Sheep; Live Price in Israel (CIF) - 2022

The average sheep; live import price stood at $116 per unit in 2022, increasing by 4.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2020 when the average import price increased by 22%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Serbia ($116 per unit) and Romania ($116 per unit), while the price for Croatia ($116 per unit) and Hungary ($116 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Sheep; Live Price in Israel (FOB) - 2022

In 2022, the average sheep; live export price amounted to $107 per unit, declining by -5.4% against the previous year. Over the period under review, the export price continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2020 an increase of 16% against the previous year. Over the period under review, the average export prices reached the maximum at $154 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to -0.5% per year.

Sheep; Live Imports in Israel

Sheep; live imports into Israel soared to 1.1M units in 2022, picking up by 32% compared with the year before. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sheep; live imports skyrocketed to $123M in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 47%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Top Suppliers of Sheep; Live to Israel in 2022:

1. Portugal (766.8K units)
2. Australia (112.0K units)
3. Hungary (50.4K units)
4. Serbia (39.7K units)
5. Romania (32.3K units)
6. Croatia (30.4K units)
7. France (15.2K units)

Sheep; Live Exports in Israel

In 2022, sheep; live exports from Israel reduced slightly to 87K units, shrinking by -2.7% compared with 2021. Over the period under review, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 5.7%. The exports peaked at 144K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, sheep; live exports dropped to $9.2M in 2022. Overall, exports saw a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 19%. The exports peaked at $12M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Sheep; Live from Israel in 2022:

1. Palestine (86.4K units)

Source: IndexBox Market Intelligence Platform