Bovine Animals; Live Price in Ecuador - 2022
Contents:
Bovine Animals; Live Price in Ecuador (CIF) - 2022
The average bovine animals; live import price stood at $1,803 per unit in 2022, growing by 158% against the previous year. Over the period under review, the import price recorded a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to -3.4% per year.
Bovine Animals; Live Imports in Ecuador
In 2022, after three years of growth, there was significant decline in supplies from abroad of bovine animals; lives, when their volume decreased by -58.6% to 378 units. In general, imports faced a dramatic slump. The growth pace was the most rapid in 2021 when imports increased by 10% against the previous year. As a result, imports attained the peak of 914 units, and then shrank dramatically in the following year.
In value terms, bovine animals; live imports amounted to $682K in 2022. The total import value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Bovine Animals; Live in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | N/A | N/A | 682 | 0% |
| United States | 45.6 | 36.0 | 28.2 | N/A | -21.4% |
| Paraguay | 549 | 577 | 604 | N/A | 4.9% |
| Others | 3.0 | 4.5 | 6.6 | N/A | 48.3% |
| Total | 598 | 618 | 638 | 682 | 4.5% |
Top Suppliers of Bovine Animals; Live to Ecuador in 2022:
- Brazil (378.0 units)
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