O’ man, UAE (U Are Everything) Kuwait
The Snapshot
- Live sheep export volumes from Australia to Kuwait are running 112% higher than the five-year average trend for January, placing the Kuwaiti market share of the trade at 73% so far this season.
- The United Arab Emirates (UAE) have reported live sheep volumes that are 40% above the five-year average trend for January.
- Meanwhile Oman has taken their first load of sheep during January since 2013.
- Despite the firm beginning to the year for some export destinations the current total monthly volumes remain 15% under the five-year average for January.
The Detail
The Kuwaiti market share of Australian live sheep exports has soared to nearly 73% during January 2022 with volumes over the month reported at 48, 718 head of sheep shipped. This is similar to the levels seen transported at the start of 2021, but represent volumes that are 112% higher than the five-year average for January.
Jordan was Australia’s third top destination for live export sheep in 2020 but have been in steady decline through 2021 and have taken no sheep so far in 2022. Qatar were in second place in 2020, but are no longer represented on the chart as they fell off the radar in 2021 taking no live sheep at all from Australia that year.
The United Arab Emirates (UAE) have begun 2022 in a relatively solid fashion reporting 7,000 head of Aussie live sheep taken over January, levels that are 40% above the five-year average trend for January. Similarly, Oman has has a very strong start to the season with 5,000 head of sheep listed from Australia. Normally flows to Oman at the start of the year are relatively uncommon, you would have to go back to 2013 the last time we saw a shipment to Oman during January.
Total live sheep export flows were reported at 66,821 head for January 2022, the best start to the season since 2019. Despite the firm beginning to the year current monthly volumes remain 15% under the five-year average for January.
