Despite High Supply, Sacrificial Sheep Prices Remain Elevated In Kuwait
A seasoned worker at a prominent sheep market in Jleeb Al-Shuyoukh reported that sacrificial animals are plentiful this year from multiple sources, leading to relatively lower prices compared to last year. He attributed this to increased supply, despite the special requirements for sacrificial animals — free from defects and of a specific age. He noted that traders invest months preparing animals for the season, aiming for modest profits of around KD 10 per animal.
Another trader explained that while prices vary from KD 100 to KD 180, public attention tends to focus only on the highest prices. He cited factors such as high feed costs and losses due to weather as contributors to price fluctuations. He expressed optimism given the ample supply.
A Sudanese seller with stock from four different countries said this year's market has more options, with sheep sold both in markets and directly from barns. He emphasized the wide availability as a positive for buyers.
However, not all feedback was optimistic. A Kuwaiti shopper criticized the high prices, saying that despite government subsidies on feed and livestock facilities, prices continue to rise. He urged better regulation to prevent monopolistic practices.
Another Kuwaiti citizen echoed similar concerns. He claimed local traders have lost control over the market, now dominated by expatriate sellers who manipulate prices. He said genuine local sellers offer lower prices in personal barns, though their quantities are limited.
He argued that prices should range between KD 90 and KD 120, noting that post-Eid prices often drop by 20 to 30 dinars.
A local resident also voiced frustration, calling for stricter government oversight. She pointed out that while sacrificial animals are widely available from several countries, prices remain unjustifiably high. Previously able to purchase up to six animals, she now plans to buy fewer due to inflated costs, citing a Syrian Naimi priced at KD 1,000.
Despite high supply, market prices have not adjusted accordingly, with calls mounting for regulatory intervention to protect consumers during the holiday season.
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