Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Kenya - 2022
Contents:
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Kenya (FOB) - 2022
- Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Kenya (CIF) - 2022
- Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Kenya
- Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Kenya
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Kenya (FOB) - 2022
In 2022, the average export price for fresh or chilled sheep (including lamb) boneless cutses amounted to $6,720 per ton, surging by 19% against the previous year. Overall, the export price, however, showed a pronounced decline. The pace of growth was the most pronounced in 2017 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices attained the maximum at $8,911 per ton in 2013; however, from 2014 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 South Africa.
From 2013 to 2022, the rate of growth in terms of prices for Ghana amounted to +1.4% per year.
Price for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Kenya (CIF) - 2022
The average import price for fresh or chilled sheep (including lamb) boneless cutses stood at $478 per ton in 2020, which is down by -28.5% against the previous year. In general, the import price recorded a dramatic shrinkage. The import price peaked at $1,777 per ton in 2015; however, from 2016 to 2020, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2015 to 2020, the rate of growth in terms of prices for China amounted to -28.6% per year.
Exports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Kenya
In 2022, overseas shipments of fresh or chilled sheep (including lamb) boneless cutses decreased by -95.3% to 50 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 250% against the previous year. As a result, the exports attained the peak of 2.6 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of fresh or chilled sheep (including lamb) boneless cutses shrank rapidly to $336 in 2022. In general, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 237% against the previous year. As a result, the exports reached the peak of $15K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | N/A | 0.3 | 0% |
| Somalia | 0.3 | 3.4 | 2.0 | N/A | 158.2% |
| Democratic Republic of the Congo | 0.2 | 2.1 | 1.2 | N/A | 144.9% |
| Tanzania | 0.1 | 0.8 | 0.3 | N/A | 73.2% |
| United Arab Emirates | 3.8 | 1.8 | N/A | N/A | -52.6% |
| Bahrain | N/A | 6.5 | 2.2 | N/A | -66.2% |
| Others | 0.1 | 0.5 | 0.2 | N/A | 41.4% |
| Total | 4.5 | 15.1 | 6.0 | 0.3 | -59.5% |
Top Export Markets for Fresh or Chilled Sheep (Including Lamb) Boneless Cuts from Kenya in 2022:
- South Africa (50.0 kg)
Imports of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Kenya
In 2020, imports of fresh or chilled sheep (including lamb) boneless cutses into Kenya soared to 4.5 tons, picking up by 115% compared with 2019 figures. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fresh or chilled sheep (including lamb) boneless cutses skyrocketed to $2.2K in 2020. Over the period under review, total imports indicated significant growth from 2019 to 2020: its value increased at an average annual rate of +53.5% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| China | 1.4 | 2.2 | 57.1% | ||
| Others | N/A | N/A | 0% | ||
| Total | 1.4 | 2.2 | 57.1% | ||
Top Suppliers of Fresh or Chilled Sheep (Including Lamb) Boneless Cuts to Kenya in 2022:
- China (4.5 tons)
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