Bovine Animals; Live Price in Brazil - 2023
Contents:
- Bovine Animals; Live Price in Brazil (FOB) - 2023
- Bovine Animals; Live Price in Brazil (CIF) - 2022
- Bovine Animals; Live Exports in Brazil
- Bovine Animals; Live Imports in Brazil
Bovine Animals; Live Price in Brazil (FOB) - 2023
In October 2023, the average bovine animals; live export price amounted to $813 per unit, remaining relatively unchanged against the previous month. Overall, the export price, however, saw a mild setback. The pace of growth was the most pronounced in June 2023 an increase of 32% m-o-m. As a result, the export price reached the peak level of $1,169 per unit. From July 2023 to October 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Lebanon ($1,151 per unit), while the average price for exports to Jordan ($632 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Bovine Animals; Live Price in Brazil (CIF) - 2022
The average bovine animals; live import price stood at $17,092 per unit in 2022, therefore, remained relatively stable against the previous year. Overall, the import price, however, posted a significant increase. The most prominent rate of growth was recorded in 2018 an increase of 284%. The import price peaked at $17,274 per unit in 2021, and then fell modestly in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +27.1% per year.
Bovine Animals; Live Exports in Brazil
In 2022, overseas shipments of bovine animals; lives were finally on the rise to reach 195K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a dramatic setback. Over the period under review, the exports hit record highs at 547K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, bovine animals; live exports soared to $192M in 2022. In general, exports, however, faced a drastic downturn. The exports peaked at $361M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Bovine Animals; Live in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 91.6 | 39.7 | 12.6 | 61.0 | -12.7% |
| Jordan | 27.8 | 13.1 | N/A | 33.0 | 5.9% |
| Turkey | 120 | 63.4 | N/A | 29.7 | -37.2% |
| Saudi Arabia | 6.8 | 42.6 | 22.6 | 23.3 | 50.8% |
| Egypt | 53.2 | 32.6 | N/A | 15.4 | -33.8% |
| Lebanon | 54.3 | 22.0 | 9.8 | 15.0 | -34.9% |
| United Arab Emirates | N/A | N/A | N/A | 11.3 | 0% |
| Saint Lucia | 6.8 | 42.6 | 22.6 | N/A | 82.3% |
| Others | 1.0 | 3.4 | 22.6 | 3.7 | 54.7% |
| Total | 361 | 260 | 90.1 | 192 | -19.0% |
Top Export Markets for Bovine Animals; Live from Brazil in 2022:
- Iraq (53.0K units)
- Turkey (38.7K units)
- Jordan (32.9K units)
- Egypt (22.2K units)
- Saudi Arabia (20.4K units)
- Lebanon (13.1K units)
- United Arab Emirates (11.8K units)
Bovine Animals; Live Imports in Brazil
After three years of growth, overseas purchases of bovine animals; lives decreased by -18.1% to 59 units in 2022. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of 72 units, and then declined sharply in the following year.
In value terms, bovine animals; live imports shrank dramatically to $1M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 244%. Imports peaked at $1.2M in 2021, and then fell markedly in the following year.
| Import of Bovine Animals; Live in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 186 | 632 | 1,244 | 1,008 | 75.7% |
| Argentina | N/A | 63.2 | N/A | N/A | 0% |
| Uruguay | 16.2 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 202 | 695 | 1,244 | 1,008 | 70.9% |
Top Suppliers of Bovine Animals; Live to Brazil in 2022:
- United States (59.0 units)
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