Sheep; Live Price in Pakistan - 2022

Contents:

1. Sheep; Live Price in Pakistan (CIF) - 2022
2. Sheep; Live Price in Pakistan (FOB) - 2022
3. Sheep; Live Imports in Pakistan
4. Sheep; Live Exports in Pakistan

Sheep; Live Price in Pakistan (CIF) - 2022

In 2022, the average sheep; live import price amounted to $32 per unit, rising by 6% against the previous year. In general, the import price, however, saw a deep contraction. Over the period under review, average import prices reached the maximum at $109 per unit in 2013; however, from 2014 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 Afghanistan.

From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to -9.9% per year.

Sheep; Live Price in Pakistan (FOB) - 2022

In 2022, the average sheep; live export price amounted to $101 per unit, waning by -7% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sheep; live export price increased by +28.4% against 2018 indices. The pace of growth appeared the most rapid in 2019 an increase of 31% against the previous year. Over the period under review, the average export prices reached the maximum at $108 per unit in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($800 per unit), while the average price for exports to Tajikistan ($12 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+16.6%), while the prices for the other major destinations experienced a decline.

Sheep; Live Imports in Pakistan

In 2022, sheep; live imports into Pakistan fell sharply to 562 units, reducing by -21.1% against 2021 figures. In general, imports saw a dramatic curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 72%. Imports peaked at 1.4K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sheep; live imports contracted significantly to $18K in 2022. Overall, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year. Over the period under review, imports attained the maximum at $69K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Sheep; Live to Pakistan in 2022:

1. Afghanistan (562.0 units)

Sheep; Live Exports in Pakistan

In 2022, after two years of decline, there was significant growth in overseas shipments of sheep; live, when their volume increased by 25% to 531 units. Overall, exports, however, saw a abrupt downturn. Over the period under review, the exports attained the peak figure at 738 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, sheep; live exports surged to $53K in 2022. Over the period under review, exports, however, showed a deep downturn. The exports peaked at $76K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Sheep; Live from Pakistan in 2022:

1. United Arab Emirates (203.0 units)
2. Iran (176.0 units)
3. Tajikistan (66.0 units)
4. Bahrain (57.0 units)
5. Oman (29.0 units)

Source: IndexBox Market Intelligence Platform