Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Spain - 2023
Contents:
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Spain (CIF) - 2023
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Spain (FOB) - 2023
- Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Spain
- Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Spain
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Spain (CIF) - 2023
In November 2023, the average import price for bovine animals; live, other than pure-bred breeding animalses amounted to $965 per unit, rising by 4.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in December 2022 an increase of 25% month-to-month. The import price peaked at $1,182 per unit in February 2023; however, from March 2023 to November 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for France.
From November 2022 to November 2023, the rate of growth in terms of prices for Portugal amounted to +1.6% per month.
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Spain (FOB) - 2023
The average export price for bovine animals; live, other than pure-bred breeding animalses stood at $1,414 per unit in October 2023, with a decrease of -7.5% against the previous month. In general, the export price showed a mild slump. The most prominent rate of growth was recorded in November 2022 an increase of 70% month-to-month. Over the period under review, the average export prices reached the peak figure at $3,326 per unit in March 2023; afterwards, it flattened through to October 2023.
Prices varied noticeably by the country of destination: the country with the highest price was France ($3,077 per unit), while the average price for exports to Morocco stood at $1,391 per unit.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Spain
In 2022, overseas purchases of bovine animals; live, other than pure-bred breeding animalses were finally on the rise to reach 7K units for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +5.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of bovine animals; live, other than pure-bred breeding animalses surged to $5.2M in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.3 | 4.1 | 3.5 | 2.7 | -14.4% |
| Portugal | 0.2 | 0.3 | N/A | 1.9 | 111.8% |
| Ireland | N/A | N/A | N/A | 0.5 | 0% |
| Netherlands | N/A | 0.3 | 0.1 | 0.1 | -42.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.5 | 4.6 | 3.6 | 5.2 | 4.9% |
Top Suppliers of Bovine Animals; Live, Other than Pure-Bred Breeding Animals to Spain in 2022:
- Portugal (3.4K units)
- France (2.7K units)
- Ireland (0.7K units)
- Netherlands (0.1K units)
Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Spain
In 2022, shipments abroad of bovine animals; live, other than pure-bred breeding animalses decreased by -16.3% to 1.4K units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a drastic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 103%. As a result, the exports attained the peak of 3.9K 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 dropped to $1.3M in 2022. Overall, exports faced a sharp slump. The pace of growth was the most pronounced in 2020 when exports increased by 69% against the previous year. As a result, the exports reached the peak of $4.8M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 82.7 | 905 | 975 | 986 | 128.4% |
| France | 751 | 851 | 429 | 290 | -27.2% |
| Morocco | 166 | 19.9 | 0.2 | N/A | -96.5% |
| Algeria | 1,760 | 3,024 | N/A | N/A | 71.8% |
| Others | 88.0 | N/A | 29.4 | 53.2 | -15.4% |
| Total | 2,848 | 4,800 | 1,433 | 1,330 | -22.4% |
Top Export Markets for Bovine Animals; Live, Other than Pure-Bred Breeding Animals from Spain in 2022:
- Italy (1061.0 units)
- France (316.0 units)
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