Price for Sheep and Goats; Live in Azerbaijan - 2023
Contents:
- Price for Sheep and Goats; Live in Azerbaijan (CIF) - 2023
- Price for Sheep and Goats; Live in Azerbaijan (FOB) - 2022
- Imports of Sheep and Goats; Live in Azerbaijan
- Exports of Sheep and Goats; Live in Azerbaijan
Price for Sheep and Goats; Live in Azerbaijan (CIF) - 2023
The average sheep and goats; live import price stood at $74.6 per unit in September 2023, increasing by 7.5% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 8.7% against the previous month. Over the period under review, average import prices reached the peak figure at $91.5 per unit in May 2023; however, from June 2023 to September 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Russia ($82.7 per unit), while the price for Georgia amounted to $73.4 per unit.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Russia (+1.1%).
Price for Sheep and Goats; Live in Azerbaijan (FOB) - 2022
In 2022, the average sheep and goats; live export price amounted to $155 per unit, with an increase of 37% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 138% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
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 Russia ($403 per unit), while the average price for exports to Georgia totaled $128 per unit.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+15.3%).
Imports of Sheep and Goats; Live in Azerbaijan
In 2022, approx. 195K units of sheep and goats; live were imported into Azerbaijan; with an increase of 65% compared with 2021. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three 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.
In value terms, sheep and goats; live imports soared to $16M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sheep and Goats; Live in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | 5.7 | 5.5 | 5.4 | 13.7 | 34.0% |
| Russia | 3.9 | 6.5 | 3.2 | 1.3 | -30.7% |
| Others | 1.3 | 3.2 | 2.5 | 0.9 | -11.5% |
| Total | 10.8 | 15.2 | 11.1 | 15.9 | 13.8% |
Top Suppliers of Sheep and Goats; Live to Azerbaijan in 2022:
- Georgia (175.9K units)
- Russia (16.5K units)
Exports of Sheep and Goats; Live in Azerbaijan
Sheep and goats; live exports from Azerbaijan contracted rapidly to 70 units in 2022, falling by -61.7% against the year before. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 771% against the previous year. As a result, the exports reached the peak of 183 units, and then dropped rapidly in the following year.
In value terms, sheep and goats; live exports declined significantly to $11K in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,973% against the previous year. As a result, the exports attained the peak of $21K, and then reduced dramatically in the following year.
| Export of Sheep and Goats; Live in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | 5.2 | 1.0 | 14.3 | 8.0 | 15.4% |
| Russia | 0.3 | N/A | 4.1 | 2.8 | 110.5% |
| Senegal | N/A | N/A | 2.3 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.4 | 1.0 | 20.7 | 10.9 | 26.4% |
Top Export Markets for Sheep and Goats; Live from Azerbaijan in 2022:
- Georgia (63.0 units)
- Russia (7.0 units)
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