Sheep; Live Price in Spain - 2023
Contents:
- Sheep; Live Price in Spain (FOB) - 2023
- Sheep; Live Price in Spain (CIF) - 2023
- Sheep; Live Exports in Spain
- Sheep; Live Imports in Spain
Sheep; Live Price in Spain (FOB) - 2023
The average sheep; live export price stood at $136 per unit in August 2023, with an increase of 11% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in May 2023 an increase of 21% m-o-m. Over the period under review, the average export prices reached the maximum at $157 per unit in June 2023; however, from July 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Libya ($162 per unit), while the average price for exports to Lebanon ($91.0 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Sheep; Live Price in Spain (CIF) - 2023
In August 2023, the average sheep; live import price amounted to $92.8 per unit, increasing by 9.5% against the previous month. Over the period under review, the import price, however, continues to indicate a noticeable slump. The pace of growth was the most pronounced in September 2022 when the average import price increased by 20% m-o-m. Over the period under review, average import prices hit record highs at $193 per unit in October 2022; however, from November 2022 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($156 per unit), while the price for Portugal totaled $89.0 per unit.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+2.2%), while the prices for the other major suppliers experienced a decline.
Sheep; Live Exports in Spain
In 2022, shipments abroad of sheep; live increased by 21% to 1.5M units for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, sheep; live exports soared to $192M in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The exports peaked at $196M in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Sheep; Live in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | N/A | 31.4 | 23.1 | 70.2 | 49.5% |
| Saudi Arabia | N/A | 41.6 | 30.9 | 32.6 | -11.5% |
| France | 9.8 | 17.2 | 28.3 | 24.7 | 36.1% |
| Portugal | 16.2 | 12.8 | 21.1 | 20.0 | 7.3% |
| Germany | 5.4 | 8.1 | 17.4 | 13.4 | 35.4% |
| Hungary | 2.1 | N/A | 4.1 | 10.0 | 68.2% |
| Italy | 4.9 | 5.7 | 9.6 | 9.7 | 25.6% |
| Libya | 101 | 66.6 | 7.5 | 6.1 | -60.8% |
| Romania | 19.0 | 8.4 | 5.2 | 2.6 | -48.5% |
| Lebanon | 7.2 | 4.0 | 3.1 | 2.1 | -33.7% |
| Others | 1.0 | 0.3 | 1.9 | 1.0 | 0.0% |
| Total | 167 | 196 | 152 | 192 | 4.8% |
Top Export Markets for Sheep; Live from Spain in 2022:
- Jordan (493.0K units)
- France (214.9K units)
- Portugal (182.7K units)
- Saudi Arabia (172.7K units)
- Italy (157.1K units)
- Germany (120.2K units)
- Hungary (79.5K units)
- Libya (35.9K units)
- Romania (15.7K units)
- Lebanon (10.9K units)
Sheep; Live Imports in Spain
In 2022, overseas purchases of sheep; live decreased by -4.9% to 222K units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 8.9%. As a result, imports reached the peak of 314K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sheep; live imports reduced to $12M in 2022. Overall, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. As a result, imports attained the peak of $18M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Sheep; Live in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 10.6 | 13.1 | 12.2 | 10.4 | -0.6% |
| Italy | 0.5 | 0.2 | 1.1 | 1.0 | 26.0% |
| Greece | N/A | N/A | N/A | 0.6 | 0% |
| Portugal | 5.1 | 4.4 | 0.5 | 0.1 | -73.0% |
| Others | N/A | 0.2 | 0.2 | N/A | 0.0% |
| Total | 16.1 | 17.9 | 14.1 | 12.1 | -9.1% |
Top Suppliers of Sheep; Live to Spain in 2022:
- France (183.8K units)
- Italy (28.8K units)
- Greece (8.0K units)
- Portugal (1.1K units)
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