Sheep; Live Price in Belgium - 2023

Contents:

1. Sheep; Live Price in Belgium (CIF) - 2023
2. Sheep; Live Price in Belgium (FOB) - 2022
3. Sheep; Live Imports in Belgium
4. Sheep; Live Exports in Belgium

Sheep; Live Price in Belgium (CIF) - 2023

The average sheep; live import price stood at $257 per unit in July 2023, which is down by -17.9% against the previous month. Overall, import price indicated notable growth from July 2022 to July 2023: its price increased at an average monthly rate of +4.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, sheep; live import price decreased by -27.3% against May 2023 indices. The pace of growth was the most pronounced in August 2022 an increase of 60% against the previous month. The import price peaked at $354 per unit in May 2023; however, from June 2023 to July 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From July 2022 to July 2023, the rate of growth in terms of prices for Germany amounted to +22.2% per month.

Sheep; Live Price in Belgium (FOB) - 2022

The average sheep; live export price stood at $144 per unit in 2022, standing approx. at the previous year. Over the period under review, the export price, however, recorded a mild shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 84%. Over the period under review, the average export prices reached the peak figure at $184 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($214 per unit), while the average price for exports to the UK ($91 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 the United Arab Emirates (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.

Sheep; Live Imports in Belgium

In 2022, the amount of sheep; live imported into Belgium fell markedly to 24K units, declining by -56.6% against the previous year. Over the period under review, imports faced a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports attained the peak of 56K units, and then contracted rapidly in the following year.

In value terms, sheep; live imports contracted sharply to $4.7M in 2022. In general, imports continue to indicate a noticeable downturn. The growth pace was the most rapid in 2021 with an increase of 63%. As a result, imports reached the peak of $9.6M, and then fell sharply in the following year.

Top Suppliers of Sheep; Live to Belgium in 2022:

1. Netherlands (22.6K units)
2. Germany (0.8K units)
3. Italy (0.5K units)
4. Estonia (0.2K units)

Sheep; Live Exports in Belgium

After three years of growth, overseas shipments of sheep; live decreased by -57.9% to 3.7K units in 2022. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 423% against the previous year. As a result, the exports attained the peak of 8.8K units, and then contracted significantly in the following year.

In value terms, sheep; live exports dropped remarkably to $536K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 371%. As a result, the exports attained the peak of $1.3M, and then fell sharply in the following year.

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

1. Netherlands (1660.0 units)
2. France (1043.0 units)
3. Germany (512.0 units)
4. Romania (259.0 units)
5. United Arab Emirates (74.0 units)
6. United Kingdom (65.0 units)

Source: IndexBox Market Intelligence Platform