Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in South Africa - 2024
Contents:
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in South Africa (FOB) - 2022
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in South Africa (CIF) - 2022
- Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in South Africa
- Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in South Africa
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in South Africa (FOB) - 2022
In 2022, the average export price for bovine animals; live, other than pure-bred breeding animalses amounted to $1,819 per unit, surging by 1.8% against the previous year. Overall, the export price recorded a remarkable increase. The growth pace was the most rapid in 2021 when the average export price increased by 489% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($2,409 per unit), while the average price for exports to Saint Helena, Ascension and Tristan da Cunha ($236 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 Namibia (+9.6%), while the prices for the other major destinations experienced a decline.
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in South Africa (CIF) - 2022
In 2022, the average import price for bovine animals; live, other than pure-bred breeding animalses amounted to $388 per unit, shrinking by -3.9% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for bovine animals; live, other than pure-bred breeding animalses decreased by -10.5% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 45% against the previous year. Over the period under review, average import prices hit record highs at $433 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Namibia ($416 per unit), while the price for Botswana amounted to $349 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (+45.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in South Africa
In 2022, shipments abroad of bovine animals; live, other than pure-bred breeding animalses decreased by -37.9% to 128 units, falling for the second consecutive year after two years of growth. In general, exports saw a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 109% against the previous year. As a result, the exports attained the peak of 995 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of bovine animals; live, other than pure-bred breeding animalses reduced sharply to $233K in 2022. Overall, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 22%. The exports peaked at $450K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | N/A | 49.0 | 300 | 222 | 112.9% |
| Zambia | 13.8 | 4.4 | N/A | 8.8 | -13.9% |
| Saint Helena, Ascension and Tristan da Cunha | N/A | N/A | N/A | 0.9 | 0% |
| Lesotho | N/A | N/A | N/A | 0.9 | 0% |
| Mozambique | 93.8 | 136 | 17.4 | 0.6 | -81.4% |
| Botswana | 35.1 | 11.2 | 10.2 | N/A | -46.1% |
| Zimbabwe | N/A | 80.8 | N/A | N/A | 0% |
| India | 243 | N/A | N/A | N/A | 0% |
| Kenya | 62.3 | N/A | N/A | N/A | 0% |
| Ghana | N/A | 20.5 | N/A | N/A | 0% |
| Others | 2.3 | N/A | 40.9 | N/A | 321.7% |
| Total | 450 | 302 | 368 | 233 | -19.7% |
Top Export Markets for Bovine Animals; Live, Other than Pure-Bred Breeding Animals from South Africa in 2022:
- Namibia (92.0 units)
- Zambia (29.0 units)
- Saint Helena, Ascension and Tristan da Cunha (4.0 units)
- Lesotho (2.0 units)
- Mozambique (1.0 units)
Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in South Africa
For the third consecutive year, South Africa recorded decline in overseas purchases of bovine animals; live, other than pure-bred breeding animalses, which decreased by -63.4% to 256 units in 2022. In general, imports continue to indicate a dramatic decline. The smallest decline of -26.5% was in 2021. Imports peaked at 2.6K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of bovine animals; live, other than pure-bred breeding animalses shrank dramatically to $99K in 2022. Over the period under review, imports faced a sharp curtailment. The smallest decline of -24.3% was in 2021. Over the period under review, imports of hit record highs at $1.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 1,086 | 290 | 182 | 60.8 | -61.7% |
| Botswana | N/A | 82.1 | 100 | 38.4 | -31.6% |
| Others | 45.9 | N/A | N/A | N/A | 0% |
| Total | 1,132 | 372 | 282 | 99.2 | -55.6% |
Top Suppliers of Bovine Animals; Live, Other than Pure-Bred Breeding Animals to South Africa in 2022:
- Namibia (146.0 units)
- Botswana (110.0 units)
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