Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates - 2022
Contents:
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates (CIF) - 2022
- Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates (FOB) - 2022
- Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates
- Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for frozen sheep (excluding lamb) carcasses and half-carcasseses amounted to $3,080 per ton, waning by -23.7% against the previous year. Over the period under review, the import price recorded a slight decline. The growth pace was the most rapid in 2013 an increase of 39%. Over the period under review, average import prices reached the peak figure at $5,285 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sudan ($6,588 per ton), while the price for Uruguay ($1,708 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates (FOB) - 2022
The average export price for frozen sheep (excluding lamb) carcasses and half-carcasseses stood at $5,050 per ton in 2022, growing by 35% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for frozen sheep (excluding lamb) carcasses and half-carcasseses increased by +55.1% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($5,057 per ton), while the average price for exports to Oman stood at $4,098 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+10.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates
In 2022, overseas purchases of frozen sheep (excluding lamb) carcasses and half-carcasseses decreased by -7.4% to 1.4K tons, falling for the second year in a row after two years of growth. Overall, imports showed a perceptible slump. The growth pace was the most rapid in 2020 with an increase of 42%. As a result, imports reached the peak of 2.1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of frozen sheep (excluding lamb) carcasses and half-carcasseses declined notably to $4.2M in 2022. Over the period under review, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 71%. As a result, imports reached the peak of $8.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 312 | 621 | 440 | 1,419 | 65.7% |
| Spain | 516 | 1,077 | 941 | 947 | 22.4% |
| Uruguay | 42.4 | 115 | 7.1 | 570 | 137.8% |
| India | 614 | 756 | 268 | 453 | -9.6% |
| Tanzania | N/A | N/A | N/A | 298 | 0% |
| Italy | 83.9 | 102 | 95.3 | 134 | 16.9% |
| Brazil | N/A | N/A | N/A | 103 | 0% |
| Sudan | 2,776 | 5,406 | 3,618 | 13.2 | -83.2% |
| Romania | 546 | N/A | N/A | N/A | 0% |
| Others | 293 | 788 | 573 | 261 | -3.8% |
| Total | 5,183 | 8,864 | 5,942 | 4,198 | -6.8% |
Top Suppliers of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses to the United Arab Emirates in 2022:
- Australia (362.0 tons)
- Spain (355.3 tons)
- Uruguay (333.9 tons)
- India (135.0 tons)
- Tanzania (67.5 tons)
- Brazil (27.8 tons)
- Italy (25.9 tons)
- Sudan (2.0 tons)
Exports of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates
In 2022, overseas shipments of frozen sheep (excluding lamb) carcasses and half-carcasseses decreased by -84% to 180 tons, falling for the second consecutive year after two years of growth. In general, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 46%. As a result, the exports reached the peak of 1.5K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of frozen sheep (excluding lamb) carcasses and half-carcasseses declined significantly to $909K in 2022. Over the period under review, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 61%. As a result, the exports reached the peak of $5.4M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 0.4 | 4.0 | 1.3 | 0.9 | 31.0% |
| Oman | 1.2 | 0.4 | 2.3 | N/A | 38.4% |
| Qatar | 0.1 | 1.0 | 0.3 | N/A | 73.2% |
| Bahrain | 1.5 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | 0.3 | N/A | 73.2% |
| Total | 3.3 | 5.4 | 4.2 | 0.9 | -35.2% |
Top Export Markets for Frozen Sheep (Excluding Lamb) Carcasses and Half-Carcasses from the United Arab Emirates in 2022:
- Kuwait (178.6 tons)
- Oman (1.3 tons)
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