Sheep; Live Price in Japan - 2023
Contents:
Sheep; Live Price in Japan (CIF) - 2023
The average sheep; live import price stood at $8,342 per unit in June 2023, flattening at the previous month. Overall, the import price continues to indicate a abrupt shrinkage. As a result, import price attained the peak level of $13,937 per unit; afterwards, it flattened through to June 2023.
As there is only one major supplying country, the average price level is determined by prices for New Zealand.
From October 2022 to June 2023, the rate of growth in terms of prices for New Zealand amounted to -6.2% per month.
Sheep; Live Imports in Japan
In 2022, after three years of growth, there was significant decline in purchases abroad of sheep; live, when their volume decreased by -87.3% to 296 units. Overall, imports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of 2.3K units, and then contracted markedly in the following year.
In value terms, sheep; live imports reduced sharply to $62K in 2022. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 26%. Over the period under review, imports attained the maximum at $143K in 2021, and then dropped markedly in the following year.
| Import of Sheep; Live in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 20.8 | 32.3 | 45.7 | 62.3 | 44.1% |
| Australia | 73.0 | 86.3 | 97.7 | N/A | 15.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 93.8 | 119 | 143 | 62.3 | -12.8% |
Top Suppliers of Sheep; Live to Japan in 2022:
- New Zealand (296.0 units)
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