Bovine Animals; Live Price in Paraguay - 2023

Contents:

  1. Bovine Animals; Live Price in Paraguay (CIF) - 2022
  2. Bovine Animals; Live Price in Paraguay (FOB) - 2022
  3. Bovine Animals; Live Imports in Paraguay
  4. Bovine Animals; Live Exports in Paraguay

Bovine Animals; Live Price in Paraguay (CIF) - 2022

The average bovine animals; live import price stood at $1,770 per unit in 2022, jumping by 29% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2013 when the average import price increased by 46% against the previous year. The import price peaked at $1,921 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($1,816 per unit), while the price for Brazil totaled $1,738 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Bovine Animals; Live Price in Paraguay (FOB) - 2022

The average bovine animals; live export price stood at $1,893 per unit in 2022, shrinking by -6.8% against the previous year. In general, the export price, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 88% against the previous year. The export price peaked at $2,031 per unit in 2021, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2015 to 2022, the rate of growth in terms of prices for Ecuador amounted to +22.9% per year.

Bovine Animals; Live Imports in Paraguay

In 2022, approx. 149 units of bovine animals; lives were imported into Paraguay; with a decrease of -43.3% on the previous year's figure. In general, imports continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 79%. Over the period under review, imports hit record highs at 1.2K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, bovine animals; live imports contracted notably to $264K in 2022. Over the period under review, imports continue to indicate a significant decline. The pace of growth appeared the most rapid in 2021 when imports increased by 45%. Over the period under review, imports attained the peak figure at $1.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Bovine Animals; Live in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil52228.7161149-34.2%
Argentina871220162114-49.2%
United States164N/AN/AN/A0%
Uruguay201N/A37.5N/A-56.8%
OthersN/AN/AN/AN/A0%
Total1,758249360264-46.8%

Top Suppliers of Bovine Animals; Live to Paraguay in 2022:

  1. Brazil (86.0 units)
  2. Argentina (63.0 units)

Bovine Animals; Live Exports in Paraguay

In 2022, approx. 40 units of bovine animals; lives were exported from Paraguay; jumping by 471% compared with 2021 figures. Overall, exports, however, recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 600%. Over the period under review, the exports reached the peak figure at 320 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, bovine animals; live exports skyrocketed to $76K in 2022. Over the period under review, exports, however, continue to indicate a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 736% against the previous year. Over the period under review, the exports reached the maximum at $598K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Bovine Animals; Live in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/A1.714.275.7567.3%
Ecuador598N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total5981.714.275.7-49.8%

Top Export Markets for Bovine Animals; Live from Paraguay in 2022:

  1. Argentina (40.0 units)

Source: IndexBox Market Intelligence Platform

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