Sheep; Live Price in Croatia - 2023

Contents:

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

Sheep; Live Price in Croatia (FOB) - 2022

In 2022, the average sheep; live export price amounted to $76 per unit, dropping by -48.9% against the previous year. In general, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 117% against the previous year. Over the period under review, the average export prices hit record highs at $232 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($102 per unit), while the average price for exports to Bosnia and Herzegovina totaled $56 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+1.3%).

Sheep; Live Price in Croatia (CIF) - 2023

The average sheep; live import price stood at $142 per unit in July 2023, with a decrease of -3.1% against the previous month. Over the period under review, import price indicated a temperate expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. 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 -7.5% against February 2023 indices. The most prominent rate of growth was recorded in November 2022 an increase of 24% month-to-month. Over the period under review, average import prices attained the maximum at $153 per unit in February 2023; however, from March 2023 to July 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Hungary ($163 per unit), while the price for Romania amounted to $138 per unit.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Romania (+2.2%).

Sheep; Live Exports in Croatia

In 2022, shipments abroad of sheep; live decreased by -87.8% to 6.3K units, falling for the second year in a row after two years of growth. Overall, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 246%. As a result, the exports attained the peak of 63K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, sheep; live exports fell markedly to $476K in 2022. In general, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 650%. Over the period under review, the exports reached the peak figure at $7.6M in 2021, and then dropped markedly in the following year.

Export of Sheep; Live in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
RomaniaN/A2.33.40.3-63.9%
Bosnia and Herzegovina0.95.02.50.2-39.4%
Bulgaria0.1N/A1.4N/A274.2%
OthersN/AN/A0.3N/A0%
Total1.07.37.60.5-20.6%

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

  1. Bosnia and Herzegovina (3.6K units)
  2. Romania (2.7K units)

Sheep; Live Imports in Croatia

In 2022, supplies from abroad of sheep; live was finally on the rise to reach 75K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a drastic downturn. Over the period under review, imports attained the maximum at 111K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sheep; live imports surged to $6.8M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Sheep; Live in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania4.93.63.55.22.0%
Hungary1.51.21.71.62.2%
OthersN/AN/AN/AN/A0%
Total6.54.85.26.81.5%

Top Suppliers of Sheep; Live to Croatia in 2022:

  1. Romania (58.6K units)
  2. Hungary (16.0K units)

Source: IndexBox Market Intelligence Platform

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