Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Ghana - 2023
Contents:
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Ghana (CIF) - 2023
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Ghana (FOB) - 2022
- Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Ghana
- Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Ghana
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Ghana (CIF) - 2023
In December 2023, the average import price for cattle; live, other than pure-bred breeding animalses amounted to $4.6 per unit, reducing by -69.7% against the previous month. Over the period under review, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in September 2023 an increase of 20% against the previous month. Over the period under review, average import prices reached the maximum at $50.9 per unit in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Togo ($16.6 per unit), while the price for Burkina Faso amounted to $2.6 per unit.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Togo (+1.2%).
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Ghana (FOB) - 2022
The average export price for cattle; live, other than pure-bred breeding animalses stood at $969 per unit in 2022, remaining constant against the previous year. Over the period under review, the export price, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 101% against the previous year. Over the period under review, the average export prices reached the maximum at $974 per unit in 2021, and then dropped slightly in the following year.
As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.
From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to +22.1% per year.
Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Ghana
In 2022, overseas purchases of cattle; live, other than pure-bred breeding animalses decreased by -31.2% to 454 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 477% against the previous year. Over the period under review, imports of attained the peak figure at 660 units in 2021, and then declined significantly in the following year.
In value terms, imports of cattle; live, other than pure-bred breeding animalses fell notably to $423K in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 863%. Over the period under review, imports of hit record highs at $622K in 2021, and then dropped rapidly in the following year.
| Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | 23.2 | 224 | 622 | 423 | 163.2% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 23.3 | 224 | 622 | 423 | 162.8% |
Top Suppliers of Cattle; Live, Other than Pure-Bred Breeding Animals to Ghana in 2022:
- Burkina Faso (454.0 units)
Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Ghana
In 2022, shipments abroad of cattle; live, other than pure-bred breeding animalses decreased by -24.4% to 233 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 2,170%. The exports peaked at 308 units in 2021, and then reduced remarkably in the following year.
In value terms, exports of cattle; live, other than pure-bred breeding animalses fell remarkably to $226K in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 4,472%. Over the period under review, the exports of hit record highs at $300K in 2021, and then contracted notably in the following year.
| Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 3.2 | 152 | 300 | 226 | 313.4% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 3.3 | 152 | 300 | 226 | 309.1% |
Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Ghana in 2022:
- Cote d'Ivoire (233.0 units)
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