Price for Sheep and Goats; Live in Ghana - 2023

Contents:

1. Price for Sheep and Goats; Live in Ghana (CIF) - 2022
2. Price for Sheep and Goats; Live in Ghana (FOB) - 2022
3. Imports of Sheep and Goats; Live in Ghana
4. Exports of Sheep and Goats; Live in Ghana

Price for Sheep and Goats; Live in Ghana (CIF) - 2022

The average sheep and goats; live import price stood at $120 per unit in 2022, with a decrease of -15% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sheep and goats; live import price increased by +58.7% against 2016 indices. The growth pace was the most rapid in 2021 when the average import price increased by 31% against the previous year. As a result, import price reached the peak level of $141 per unit, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($149 per unit), while the price for Belgium ($49 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+64.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sheep and Goats; Live in Ghana (FOB) - 2022

In 2022, the average sheep and goats; live export price amounted to $101 per unit, declining by -12.2% against the previous year. Over the period under review, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of 62%. As a result, the export price attained the peak level of $436 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to -9.4% per year.

Imports of Sheep and Goats; Live in Ghana

In 2022, the amount of sheep and goats; live imported into Ghana expanded notably to 1.8K units, picking up by 15% against 2021 figures. In general, imports, however, showed a noticeable shrinkage. Imports peaked at 1.9K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, sheep and goats; live imports dropped to $214K in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 5%. As a result, imports attained the peak of $219K, and then declined modestly in the following year.

Top Suppliers of Sheep and Goats; Live to Ghana in 2022:

1. Mali (1004.0 units)
2. Burkina Faso (534.0 units)
3. United States (113.0 units)
4. Belgium (58.0 units)
5. Niger (41.0 units)

Exports of Sheep and Goats; Live in Ghana

In 2022, overseas shipments of sheep and goats; live increased by 18% to 13 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a abrupt downturn. Over the period under review, the exports reached the peak figure at 18 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, sheep and goats; live exports rose slightly to $1.3K in 2022. In general, exports, however, continue to indicate a perceptible decrease. Over the period under review, the exports reached the maximum at $1.4K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Sheep and Goats; Live from Ghana in 2022:

1. Cote d'Ivoire (13.0 units)

Source: IndexBox Market Intelligence Platform