publish time

03/06/2024

author name Arab Times

publish time

03/06/2024

KUWAIT CITY, June 3: Munawar Al- Wawan, the Executive Director of Al- Wawan Livestock Trading Company, has confirmed a decrease in meat prices in local markets, approximately 10 percent lower than their rates during the same period last year. He highlighted the recent arrival of approximately 2,000 Arabian sheep from Jordan. In an exclusive statement to Al-Seyassah newspaper, Al-Wawan disclosed the revival of sheep imports from Syria after a prolonged hiatus.

Despite the visible decline in meat prices and ample meat supply in local markets, demand for sheep remains sluggish. Al-Wawan stressed that the average price of Arabian sheep stands at 115 dinars per head. He attributed the sporadic price hikes of some sheep in the market to small traders assembling limited batches, ranging from 200 to 400 heads, for sale during the Eid Al-Adha season. These locally bred sheep typically command higher prices than imported ones, leading to occasional price fluctuations in the meat market.

By Marwa Al-Bahrawi
Al-Seyassah/Arab Times Staff