Price for Animal Products; Bovine Semen in France - 2023
Contents:
- Price for Animal Products; Bovine Semen in France (FOB) - 2022
- Price for Animal Products; Bovine Semen in France (CIF) - 2023
- Exports of Animal Products; Bovine Semen in France
- Imports of Animal Products; Bovine Semen in France
Price for Animal Products; Bovine Semen in France (FOB) - 2022
The average animal products; bovine semen export price stood at $917 per unit in 2022, rising by 4.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 20% against the previous year. The export price peaked at $961 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($2,343 per unit), while the average price for exports to Serbia ($247 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Animal Products; Bovine Semen in France (CIF) - 2023
The average animal products; bovine semen import price stood at $23.7 per unit in August 2023, waning by -20.8% against the previous month. In general, the import price, however, showed a notable expansion. The pace of growth was the most pronounced in March 2023 an increase of 110% m-o-m. Over the period under review, average import prices attained the peak figure at $49.8 per unit in June 2023; however, from July 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($99.8 per unit), while the price for Belgium ($11.3 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Animal Products; Bovine Semen in France
In 2022, overseas shipments of animal products; bovine semens decreased by -2.7% to 21K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 17%. The exports peaked at 21K units in 2021, and then reduced slightly in the following year.
In value terms, animal products; bovine semen exports amounted to $19M in 2022. The total export value increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 6% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Animal Products; Bovine Semen in France (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,260 | 1,748 | 1,047 | 1,455 | 4.9% |
| Germany | 291 | 720 | 980 | 1,215 | 61.0% |
| Poland | 918 | 1,447 | 1,647 | 1,148 | 7.7% |
| United Kingdom | 947 | 1,460 | 892 | 1,061 | 3.9% |
| United States | 2,488 | 1,091 | 1,207 | 1,002 | -26.2% |
| Vietnam | 528 | 575 | 383 | 935 | 21.0% |
| Spain | 662 | 819 | 985 | 880 | 10.0% |
| Switzerland | 610 | 761 | 787 | 874 | 12.7% |
| Mexico | 395 | 303 | 473 | 441 | 3.7% |
| Morocco | 523 | 638 | 296 | 330 | -14.2% |
| Brazil | 249 | 174 | 198 | 201 | -6.9% |
| Colombia | 171 | 241 | 171 | 186 | 2.8% |
| Serbia | 16.6 | 5.8 | 38.2 | 137 | 102.1% |
| Others | 7,900 | 7,986 | 9,674 | 9,290 | 5.6% |
| Total | 16,958 | 17,970 | 18,776 | 19,154 | 4.1% |
Top Export Markets for Animal Products; Bovine Semen from France in 2022:
- Vietnam (2.6K units)
- China (2.1K units)
- United Kingdom (1.3K units)
- United States (0.9K units)
- Switzerland (0.9K units)
- Mexico (0.8K units)
- Germany (0.8K units)
- Serbia (0.6K units)
- Spain (0.6K units)
- Brazil (0.5K units)
- Poland (0.5K units)
- Morocco (0.5K units)
- Colombia (0.5K units)
Imports of Animal Products; Bovine Semen in France
In 2022, after three years of growth, there was decline in overseas purchases of animal products; bovine semens, when their volume decreased by -4.7% to 4.8K units. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of 5.1K units, and then shrank slightly in the following year.
In value terms, animal products; bovine semen imports declined to $10M in 2022. Overall, imports showed a pronounced descent. Over the period under review, imports attained the peak figure at $12M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Animal Products; Bovine Semen in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.3 | 2.5 | 2.9 | 3.4 | -13.8% |
| United Kingdom | 0.8 | 2.0 | 2.2 | 2.1 | 37.9% |
| Canada | 1.7 | 1.2 | 1.6 | 1.6 | -2.0% |
| Germany | 1.4 | 1.6 | 1.4 | 0.9 | -13.7% |
| Belgium | 1.4 | 1.5 | 1.1 | 0.8 | -17.0% |
| Others | 1.2 | 2.5 | 1.4 | 1.6 | 10.1% |
| Total | 11.9 | 11.3 | 10.6 | 10.4 | -4.4% |
Top Suppliers of Animal Products; Bovine Semen to France in 2022:
- United States (2299.0 units)
- Belgium (1260.0 units)
- United Kingdom (450.0 units)
- Canada (260.0 units)
- Germany (222.0 units)
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