Sheep; Live Price in Jordan - 2022
Contents:
- Sheep; Live Price in Jordan (CIF) - 2022
- Sheep; Live Price in Jordan (FOB) - 2022
- Sheep; Live Imports in Jordan
- Sheep; Live Exports in Jordan
Sheep; Live Price in Jordan (CIF) - 2022
The average sheep; live import price stood at $125 per unit in 2022, growing by 11% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sheep; live import price increased by +63.3% against 2019 indices. The growth pace was the most rapid in 2017 when the average import price increased by 58% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($125 per unit), while the price for Australia ($125 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Sheep; Live Price in Jordan (FOB) - 2022
The average sheep; live export price stood at $94 per unit in 2022, declining by -23.7% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices hit record highs at $124 per unit in 2021, and then declined dramatically in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Bahrain ($94 per unit) and Saudi Arabia ($94 per unit), while the average price for exports to Kuwait ($94 per unit) and Qatar ($94 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+2.2%), while the prices for the other major destinations experienced a decline.
Sheep; Live Imports in Jordan
In 2022, approx. 2.2M units of sheep; live were imported into Jordan; rising by 20% on the year before. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 158%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, sheep; live imports soared to $271M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 215%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Sheep; Live in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 45.3 | 101 | 163 | 174 | 56.6% |
| Spain | N/A | 34.6 | 32.1 | 88.7 | 60.1% |
| Others | 2.0 | 13.3 | 8.5 | 8.4 | 61.3% |
| Total | 47.4 | 149 | 204 | 271 | 78.8% |
Top Suppliers of Sheep; Live to Jordan in 2022:
- Romania (1390.3K units)
- Spain (710.8K units)
Sheep; Live Exports in Jordan
In 2022, after two years of decline, there was significant growth in shipments abroad of sheep; live, when their volume increased by 74% to 1.8M units. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, sheep; live exports skyrocketed to $168M in 2022. The total export value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sheep; Live in Jordan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 36.0 | 57.6 | 76.9 | 118 | 48.5% |
| Qatar | N/A | N/A | N/A | 22.8 | 0% |
| Kuwait | 105 | 80.8 | 44.8 | 22.2 | -40.4% |
| Bahrain | 10.9 | 8.2 | 3.9 | 3.6 | -30.9% |
| United Arab Emirates | 4.8 | 3.4 | 1.0 | 0.8 | -45.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 157 | 150 | 127 | 168 | 2.3% |
Top Export Markets for Sheep; Live from Jordan in 2022:
- Saudi Arabia (1254.9K units)
- Qatar (241.6K units)
- Kuwait (235.0K units)
- Bahrain (38.1K units)
- United Arab Emirates (8.7K units)
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