Price for Sheep and Goats; Live in Colombia - 2022

Price for Sheep and Goats; Live in Colombia (CIF) - 2022

In 2022, the average sheep and goats; live import price amounted to $25 per unit, falling by -12.6% against the previous year. In general, the import price continues to indicate a significant decrease. The most prominent rate of growth was recorded in 2018 an increase of 15% against the previous year. Over the period under review, average import prices reached the maximum at $412 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +11.0% per year.

Imports of Sheep and Goats; Live in Colombia

In 2022, the amount of sheep and goats; live imported into Colombia rose sharply to 2.1K units, with an increase of 14% compared with 2021 figures. Overall, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 99% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, sheep and goats; live imports declined modestly to $53K in 2022. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 0.2%. As a result, imports reached the peak of $53K, leveling off in the following year.