Sheep; Live Price in Paraguay - 2023

Contents:

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

Sheep; Live Price in Paraguay (CIF) - 2022

The average sheep; live import price stood at $125 per unit in 2022, rising by 11% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 21%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($125 per unit), while the price for Uruguay totaled $125 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+7.1%).

Sheep; Live Price in Paraguay (FOB) - 2022

In 2022, the average sheep; live export price amounted to $94 per unit, which is down by -23.1% against the previous year. Overall, the export price saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 15% against the previous year. As a result, the export price reached the peak level of $123 per unit, and then dropped markedly in the following year.

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

From 2019 to 2022, the rate of growth in terms of prices for Argentina amounted to -2.1% per year.

Sheep; Live Imports in Paraguay

Sheep; live imports into Paraguay fell to 387 units in 2022, waning by -6.7% on the year before. Overall, imports saw a sharp descent. The pace of growth appeared the most rapid in 2021 when imports increased by 468% against the previous year. Over the period under review, imports attained the maximum at 790 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, sheep; live imports amounted to $48K in 2022. In general, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 536% against the previous year. Over the period under review, imports attained the maximum at $69K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Sheep; Live in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay61.1N/A30.530.6-20.6%
Argentina7.47.416.317.733.7%
OthersN/AN/AN/AN/A0%
Total68.57.446.848.3-11.0%

Top Suppliers of Sheep; Live to Paraguay in 2022:

  1. Uruguay (245.0 units)
  2. Argentina (142.0 units)

Sheep; Live Exports in Paraguay

After three years of growth, overseas shipments of sheep; live decreased by -71.1% to 267 units in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 220%. As a result, the exports attained the peak of 925 units, and then dropped sharply in the following year.

In value terms, sheep; live exports shrank dramatically to $25K in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 268% against the previous year. As a result, the exports reached the peak of $113K, and then declined significantly in the following year.

Export of Sheep; Live in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina9.930.811325.236.5%
OthersN/AN/AN/AN/A0%
Total9.930.811325.236.5%

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

  1. Argentina (267.0 units)

Source: IndexBox Market Intelligence Platform

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