Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Oman - 2022

Contents:

  1. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Oman (CIF) - 2022
  2. Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Oman (FOB) - 2022
  3. Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Oman
  4. Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Oman

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Oman (CIF) - 2022

The average import price for fresh or chilled lamb carcasses and half-carcasseses stood at $7,843 per ton in 2022, reducing by -6.2% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fresh or chilled lamb carcasses and half-carcasseses increased by +18.5% against 2015 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 21% against the previous year. As a result, import price reached the peak level of $8,360 per ton, and then fell in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United Arab Emirates ($7,844 per ton) and Kenya ($7,844 per ton), while the price for Pakistan ($7,840 per ton) and Sudan ($7,843 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Oman (FOB) - 2022

The average export price for fresh or chilled lamb carcasses and half-carcasseses stood at $7,479 per ton in 2022, increasing by 4.7% against the previous year. Over the period under review, the export price showed a notable expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 110%. The export price peaked at $13,183 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Free Zones.

From 2013 to 2022, the rate of growth in terms of prices for Qatar amounted to +16.5% per year.

Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Oman

In 2022, supplies from abroad of fresh or chilled lamb carcasses and half-carcasseses was finally on the rise to reach 203 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a perceptible contraction.

In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses soared to $1.6M in 2022. Overall, imports, however, showed a relatively flat trend pattern.

Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar84.69.318.6810112.3%
United Arab Emirates19617814968151.5%
Kenya28.211444.341.013.3%
Sudan25.418.714.627.52.7%
Pakistan16951.343.43.8-71.8%
Kazakhstan1055.1N/AN/A-95.1%
New Zealand773405173N/A-52.7%
Australia75.335.820.3N/A-48.1%
Others16810218728.2-44.8%
Total1,6259206511,592-0.7%

Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to Oman in 2022:

  1. Qatar (103.3 tons)
  2. United Arab Emirates (86.8 tons)
  3. Kenya (5.2 tons)
  4. Sudan (3.5 tons)
  5. Pakistan (0.5 tons)

Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Oman

In 2022, shipments abroad of fresh or chilled lamb carcasses and half-carcasseses decreased by -99.8% to 71 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a precipitous decline.

In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses dropped markedly to $531 in 2022. Overall, exports showed a sharp shrinkage.

Export of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free ZonesN/AN/AN/A0.50%
KuwaitN/AN/A128N/A0%
QatarN/AN/A77.1N/A0%
United Arab Emirates6.5N/A13.7N/A45.2%
Saudi ArabiaN/AN/A70.3N/A0%
BahrainN/AN/A16.5N/A0%
OthersN/AN/AN/AN/A0%
Total6.5N/A3060.5-57.5%

Top Export Markets for Fresh or Chilled Lamb Carcasses and Half-Carcasses from Oman in 2022:

  1. Free Zones (71.0 kg)

Source: IndexBox Market Intelligence Platform

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