Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Iraq - 2022

Contents:

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

Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Iraq (CIF) - 2022

The average import price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $1,534 per ton in 2020, reducing by -9.3% against the previous year. Over the period under review, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 when the average import price decreased by -9.3%. The import price peaked at $2,502 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 Turkey.

From 2015 to 2020, the rate of growth in terms of prices for Turkey amounted to -8.8% per year.

Price for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Iraq (FOB) - 2022

The average export price for fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses stood at $8,649 per ton in 2020, picking up by 44% against the previous year. Overall, export price indicated a significant expansion from 2019 to 2020: its price increased at an average annual rate of +43.6% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2019 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Iraq

Imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses into Iraq rose slightly to 139 tons in 2022, with an increase of 3.4% against 2021 figures. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 3.4% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses dropped to $176K in 2022. In general, imports, however, saw a deep downturn. The smallest decline of -6.3% was in 2021.

Import of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Iraq (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Turkey37.027.0-27.0%
Georgia6.0N/A0%
Others1711731.2%
Total214200-6.5%

Top Suppliers of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses to Iraq in 2022:

  1. Turkey (13.8 tons)

Exports of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Iraq

In 2020, the amount of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses exported from Iraq reduced remarkably to 700 kg, shrinking by -78.7% on 2019 figures. Over the period under review, exports showed a precipitous shrinkage.

In value terms, exports of fresh or chilled sheep (excluding lamb) carcasses and half-carcasseses fell rapidly to $6.1K in 2020. Overall, exports recorded a sharp downturn.

Export of Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses in Iraq (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
United Arab EmiratesN/A6.10%
Turkey19.8N/A0%
OthersN/AN/A0%
Total19.86.1-69.2%

Top Export Markets for Fresh or Chilled Sheep (Excluding Lamb) Carcasses and Half-Carcasses from Iraq in 2022:

  1. United Arab Emirates (700.0 kg)

Source: IndexBox Market Intelligence Platform

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