Key Market Indicators
Thailand's imports of sheep decreased 19.7% to $83,010 in 2021, down from $103,380 in 2020. Since 1995, demand for sheep in Thailand has risen 47.8% each year. In 2021, Thailand was ranked 58th, with Uruguay in the lead at $83,010. Qatar, Kuwait, and Israel ranked 2nd, 3rd, and 4th, respectively. Thailand's exports of sheep are projected to reach $5,390 by 2026, down from $14,360 in 2021, representing an average decrease of 16.1% year-on-year. Since 2004, annual supply has decreased 21% each year. In 2021, Thailand was ranked 57th, with Luxembourg in the lead at $14,360. Spain, Australia, and Jordan were ranked 2nd, 3rd, and 4th, respectively.
