Price for Cattle; Live, Other than Pure-Bred Breeding Animals in New Zealand - 2023

Contents:

  1. Price for Cattle; Live, Other than Pure-Bred Breeding Animals in New Zealand (FOB) - 2023
  2. Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in New Zealand

Price for Cattle; Live, Other than Pure-Bred Breeding Animals in New Zealand (FOB) - 2023

In April 2023, the average export price for cattle; live, other than pure-bred breeding animalses amounted to $1,322 per unit, stabilizing at the previous month. In general, the export price showed a perceptible decrease. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 234% m-o-m. As a result, the export price attained the peak level of $4,353 per unit; afterwards, it flattened through to April 2023.

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

From April 2022 to April 2023, the rate of growth in terms of prices for China amounted to -2.9% per month.

Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in New Zealand

Exports of cattle; live, other than pure-bred breeding animalses from New Zealand surged to 44K units in 2022, jumping by 25% compared with 2021. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 377% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of cattle; live, other than pure-bred breeding animalses skyrocketed to $76M in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 530% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Cattle; Live, Other than Pure-Bred Breeding Animals in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.441.761.876.2128.3%
Others0.2N/AN/AN/A0%
Total6.641.761.876.2126.0%

Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from New Zealand in 2022:

  1. China (44.3K units)

Source: IndexBox Market Intelligence Platform

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