Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Nigeria - 2022
Contents:
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Nigeria (CIF) - 2022
- Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Nigeria
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Nigeria (CIF) - 2022
The average import price for fresh or chilled sheep (including lamb) boneless cutses stood at $9,896 per ton in 2022, rising by 8.6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 39%. The import price peaked at $19,034 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for South Africa.
From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -1.1% per year.
Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Nigeria
Imports of fresh or chilled sheep (including lamb) boneless cutses into Nigeria declined sharply to 10 tons in 2022, waning by -32.5% on the previous year. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 782%. As a result, imports reached the peak of 15 tons, and then shrank notably in the following year.
In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses fell notably to $103K in 2022. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 875%. As a result, imports reached the peak of $140K, and then declined markedly in the following year.
| Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 14.6 | 9.8 | 140 | 77.4 | 74.4% |
| United Kingdom | N/A | 4.6 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 25.6 | 0% |
| Total | 14.6 | 14.4 | 140 | 103 | 91.8% |
Top Suppliers of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts to Nigeria in 2022:
- South Africa (8.6 tons)
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