Price for Cattle; Live, Pure-Bred Breeding Animals in Sri Lanka - 2021

Contents:

  1. Price for Cattle; Live, Pure-Bred Breeding Animals in Sri Lanka (CIF) - 2022
  2. Imports of Cattle; Live, Pure-Bred Breeding Animals in Sri Lanka

Price for Cattle; Live, Pure-Bred Breeding Animals in Sri Lanka (CIF) - 2022

The average import price for cattle; live, pure-bred breeding animalses stood at $1,980 per unit in 2022, rising by 6.1% against the previous year. In general, the import price, however, showed a mild reduction. The growth pace was the most rapid in 2014 an increase of 27%. Over the period under review, average import prices reached the maximum at $3,110 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -1.9% per year.

Imports of Cattle; Live, Pure-Bred Breeding Animals in Sri Lanka

After three years of growth, supplies from abroad of cattle; live, pure-bred breeding animalses decreased by -7.1% to 8.7K units in 2022. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, imports attained the peak of 9.3K units, and then reduced in the following year.

In value terms, cattle; live, pure-bred breeding animals imports fell slightly to $17M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 2.9% against the previous year. As a result, imports reached the peak of $17M, and then fell in the following year.

Import of Cattle; Live, Pure-Bred Breeding Animals in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia16.416.917.417.11.4%
OthersN/AN/AN/AN/A0%
Total16.416.917.417.11.4%

Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to Sri Lanka in 2022:

  1. Australia (8.7K units)

Source: IndexBox Market Intelligence Platform

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