Sheep; Live Price in Myanmar - 2022
Contents:
- Sheep; Live Price in Myanmar (CIF) - 2022
- Sheep; Live Price in Myanmar (FOB) - 2022
- Sheep; Live Imports in Myanmar
- Sheep; Live Exports in Myanmar
Sheep; Live Price in Myanmar (CIF) - 2022
The average sheep; live import price stood at $611 per unit in 2022, with an increase of 831% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +35.7% per year.
Sheep; Live Price in Myanmar (FOB) - 2022
In 2022, the average sheep; live export price amounted to $28 per unit, approximately reflecting the previous year. Overall, the export price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2013 an increase of 75%. As a result, the export price reached the peak level of $76 per unit. From 2014 to 2022, 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 Thailand.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +797.3% per year.
Sheep; Live Imports in Myanmar
In 2022, purchases abroad of sheep; live decreased by -95% to 9 units, falling for the second year in a row after two years of growth. In general, imports faced a significant decline. The pace of growth appeared the most rapid in 2020 with an increase of 84% against the previous year. As a result, imports reached the peak of 304 units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sheep; live imports plummeted to $5.5K in 2022. Over the period under review, imports saw a precipitous setback. The pace of growth was the most pronounced in 2020 when imports increased by 56% against the previous year. As a result, imports reached the peak of $18K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Sheep; Live in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | N/A | 5.5 | 0% |
| China | 4.4 | 2.8 | 2.3 | N/A | -27.7% |
| Thailand | 6.9 | 14.8 | 9.5 | N/A | 17.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.3 | 17.6 | 11.7 | 5.5 | -21.3% |
Top Suppliers of Sheep; Live to Myanmar in 2022:
- Saudi Arabia (9.0 units)
Sheep; Live Exports in Myanmar
Sheep; live exports from Myanmar contracted markedly to 1.6K units in 2022, which is down by -40.4% against the previous year's figure. Over the period under review, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 423% against the previous year. As a result, the exports reached the peak of 2.7K units, and then declined remarkably in the following year.
In value terms, sheep; live exports dropped dramatically to $44K in 2022. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 413% against the previous year. As a result, the exports reached the peak of $73K, and then declined dramatically in the following year.
| Export of Sheep; Live in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 66.3 | 14.3 | 73.2 | 43.7 | -13.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 66.3 | 14.3 | 73.2 | 43.7 | -13.0% |
Top Export Markets for Sheep; Live from Myanmar in 2022:
- Thailand (1.6K units)
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