Sheep; Live Price in Italy - 2023

Contents:

1. Sheep; Live Price in Italy (CIF) - 2023
2. Sheep; Live Price in Italy (FOB) - 2022
3. Sheep; Live Imports in Italy
4. Sheep; Live Exports in Italy

Sheep; Live Price in Italy (CIF) - 2023

The average sheep; live import price stood at $131 per unit in July 2023, with a decrease of -8.3% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 36% m-o-m. Over the period under review, average import prices attained the peak figure at $158 per unit in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Hungary ($156 per unit), while the price for France ($91.9 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Romania (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Sheep; Live Price in Italy (FOB) - 2022

The average sheep; live export price stood at $141 per unit in 2022, approximately equating the previous year. Overall, the export price showed a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 22%. The export price peaked at $186 per unit in 2015; however, from 2016 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 France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +3.7% per year.

Sheep; Live Imports in Italy

In 2022, after two years of decline, there was significant growth in purchases abroad of sheep; live, when their volume increased by 20% to 700K units. In general, imports, however, recorded a abrupt descent. Imports peaked at 844K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sheep; live imports soared to $79M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sheep; Live to Italy in 2022:

1. Hungary (331.0K units)
2. Romania (179.5K units)
3. Spain (97.3K units)
4. France (60.2K units)
5. Poland (10.1K units)

Sheep; Live Exports in Italy

After two years of decline, shipments abroad of sheep; live decreased by 0% to 540 units in 2022. In general, exports saw a resilient increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sheep; live exports amounted to $76K in 2022. Overall, exports enjoyed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

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

1. France (540.0 units)

Source: IndexBox Market Intelligence Platform