Price for Sheep and Goats; Live in Thailand - 2023

Contents:

1. Price for Sheep and Goats; Live in Thailand (CIF) - 2022
2. Price for Sheep and Goats; Live in Thailand (FOB) - 2023
3. Imports of Sheep and Goats; Live in Thailand
4. Exports of Sheep and Goats; Live in Thailand

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

The average sheep and goats; live import price stood at $18 per unit in 2022, reducing by -21% against the previous year. Overall, the import price recorded a drastic downturn. The growth pace was the most rapid in 2018 when the average import price increased by 234% against the previous year. The import price peaked at $76 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($19 per unit), while the price for Myanmar totaled $16 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+79.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Sheep and Goats; Live in Thailand (FOB) - 2023

In September 2023, the average sheep and goats; live export price amounted to $52.5 per unit, increasing by 2.8% against the previous month. Over the period under review, the export price, however, saw a noticeable decrease. The pace of growth was the most pronounced in June 2023 when the average export price increased by 18% m-o-m. The export price peaked at $80.7 per unit in November 2022; however, from December 2022 to September 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Lao People's Democratic Republic.

From September 2022 to September 2023, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to -2.9% per month.

Imports of Sheep and Goats; Live in Thailand

Sheep and goats; live imports into Thailand skyrocketed to 295K units in 2022, with an increase of 88% on 2021 figures. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 307%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, sheep and goats; live imports surged to $5.3M in 2022. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 144% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

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

1. Myanmar (193.3K units)
2. South Africa (100.5K units)

Exports of Sheep and Goats; Live in Thailand

In 2022, approx. 225K units of sheep and goats; live were exported from Thailand; jumping by 76% compared with the previous year. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 493%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, sheep and goats; live exports totaled $2M in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 324% against the previous year. As a result, the exports reached the peak of $2.2M. From 2021 to 2022, the growth of the exports failed to regain momentum.

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

1. Lao People's Democratic Republic (224.3K units)

Source: IndexBox Market Intelligence Platform