Sheep; Live Price in Mexico - 2022

Contents:

1. Sheep; Live Price in Mexico (CIF) - 2022
2. Sheep; Live Price in Mexico (FOB) - 2022
3. Sheep; Live Imports in Mexico
4. Sheep; Live Exports in Mexico

Sheep; Live Price in Mexico (CIF) - 2022

In 2022, the average sheep; live import price amounted to $62 per unit, therefore, remained relatively stable against the previous year. In general, the import price, however, showed a pronounced downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 34%. As a result, import price attained the peak level of $132 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($65 per unit), while the price for the United States totaled $22 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-7.7%).

Sheep; Live Price in Mexico (FOB) - 2022

In 2022, the average sheep; live export price amounted to $160 per unit, approximately equating the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sheep; live export price increased by +82.0% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 62% against the previous year. Over the period under review, the average export prices attained the maximum at $160 per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guatemala ($1,263 per unit), while the average price for exports to Ecuador ($17 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+24.5%), while the prices for the other major destinations experienced a decline.

Sheep; Live Imports in Mexico

In 2022, supplies from abroad of sheep; live was finally on the rise to reach 8.8K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt shrinkage. Over the period under review, imports attained the peak figure at 13K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sheep; live imports rose remarkably to $549K in 2022. Overall, imports, however, saw a deep downturn. Over the period under review, imports reached the maximum at $796K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Sheep; Live to Mexico in 2022:

1. New Zealand (8.3K units)
2. United States (0.5K units)

Sheep; Live Exports in Mexico

After two years of decline, shipments abroad of sheep; live increased by 1.2% to 343 units in 2022. Over the period under review, exports, however, continue to indicate a perceptible decrease. Over the period under review, the exports attained the maximum at 371 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, sheep; live exports reached $55K in 2022. In general, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $56K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Sheep; Live from Mexico in 2022:

1. Panama (289.0 units)
2. Guatemala (29.0 units)
3. Ecuador (25.0 units)

Source: IndexBox Market Intelligence Platform