Price for Sheep and Goats; Live in Vietnam - 2022

Contents:

  1. Price for Sheep and Goats; Live in Vietnam (CIF) - 2022
  2. Imports of Sheep and Goats; Live in Vietnam

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

The average sheep and goats; live import price stood at $74 per unit in 2022, with an increase of 14% against the previous year. Over the period under review, the import price, however, recorded a abrupt descent. The growth pace was the most rapid in 2016 an increase of 100% against the previous year. Over the period under review, average import prices hit record highs at $345 per unit in 2017; however, from 2018 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 Lao People's Democratic Republic ($75 per unit), while the price for the United States ($67 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+129.1%), while the prices for the other major suppliers experienced a decline.

Imports of Sheep and Goats; Live in Vietnam

After three years of growth, purchases abroad of sheep and goats; live decreased by -34.1% to 2.1K units in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,641% against the previous year. Over the period under review, imports attained the peak figure at 3.2K units in 2021, and then fell sharply in the following year.

In value terms, sheep and goats; live imports fell significantly to $157K in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,441%. Imports peaked at $209K in 2021, and then contracted rapidly in the following year.

Import of Sheep and Goats; Live in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lao People's Democratic Republic5.392.3190144200.6%
Australia0.77.015.411.7155.7%
Others0.85.43.60.94.0%
Total6.8105209157184.7%

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

  1. Lao People's Democratic Republic (1922.0 units)
  2. Australia (171.0 units)

Source: IndexBox Market Intelligence Platform

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