Price for Sheep and Goats; Live in Saudi Arabia - 2021
Contents:
- Price for Sheep and Goats; Live in Saudi Arabia (CIF) - 2022
- Price for Sheep and Goats; Live in Saudi Arabia (FOB) - 2022
- Imports of Sheep and Goats; Live in Saudi Arabia
- Exports of Sheep and Goats; Live in Saudi Arabia
Price for Sheep and Goats; Live in Saudi Arabia (CIF) - 2022
The average sheep and goats; live import price stood at $121 per unit in 2021, falling by -7.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.9%. The pace of growth appeared the most rapid in 2020 an increase of 24% against the previous year. As a result, import price reached the peak level of $131 per unit, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Jordan ($160 per unit), while the price for Djibouti ($56 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sheep and Goats; Live in Saudi Arabia (FOB) - 2022
The average sheep and goats; live export price stood at $99 per unit in 2022, shrinking by -23% against the previous year. In general, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 37% against the previous year. The export price peaked at $197 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($204 per unit), while the average price for exports to Qatar ($59 per unit) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+84.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sheep and Goats; Live in Saudi Arabia
In 2021, approx. 4.1M units of sheep and goats; live were imported into Saudi Arabia; picking up by 22% on the previous year's figure. Over the period under review, imports, however, showed a sharp curtailment. Over the period under review, imports attained the peak figure at 6.7M units in 2019; however, from 2020 to 2021, imports failed to regain momentum.
In value terms, sheep and goats; live imports rose markedly to $494M in 2021. In general, imports, however, continue to indicate a abrupt decrease. Imports peaked at $704M in 2019; however, from 2020 to 2021, imports failed to regain momentum.
| Import of Sheep and Goats; Live in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Sudan | 447 | 136 | 228 | -28.6% | |
| Romania | 53.4 | 111 | 84.3 | 25.6% | |
| Jordan | 90.2 | 90.4 | 71.4 | -11.0% | |
| Somalia | 78.8 | 18.9 | 33.3 | -35.0% | |
| Spain | N/A | 41.9 | 26.9 | -35.8% | |
| Georgia | 5.5 | 17.1 | 23.3 | 105.8% | |
| Djibouti | 29.1 | 9.6 | 17.1 | -23.3% | |
| Others | 0.3 | 10.5 | 9.1 | 450.8% | |
| Total | 704 | 436 | 494 | -16.2% | |
Top Suppliers of Sheep and Goats; Live to Saudi Arabia in 2022:
- Sudan (1759.4K units)
- Romania (598.4K units)
- Somalia (492.8K units)
- Jordan (445.9K units)
- Djibouti (305.8K units)
- Georgia (217.0K units)
- Spain (171.5K units)
Exports of Sheep and Goats; Live in Saudi Arabia
In 2022, sheep and goats; live exports from Saudi Arabia soared to 289K units, increasing by 51% on the previous year's figure. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 144% against the previous year. As a result, the exports reached the peak of 346K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, sheep and goats; live exports skyrocketed to $28M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -12.2% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 52%. As a result, the exports attained the peak of $32M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Sheep and Goats; Live in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | 0.2 | 10.0 | 4900.0% |
| Bahrain | 0.2 | N/A | 0.1 | 7.3 | 231.7% |
| Jordan | N/A | 0.7 | 0.4 | 5.7 | 185.4% |
| United Arab Emirates | N/A | 0.1 | 0.3 | 3.0 | 447.7% |
| Kuwait | 16.6 | 44.6 | 23.5 | N/A | 19.0% |
| Others | 4.5 | -12.9 | N/A | 2.5 | -17.8% |
| Total | 21.3 | 32.4 | 24.5 | 28.5 | 10.2% |
Top Export Markets for Sheep and Goats; Live from Saudi Arabia in 2022:
- Qatar (169.2K units)
- Jordan (62.4K units)
- Bahrain (35.9K units)
- United Arab Emirates (19.0K units)
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