Bovine Animals; Live Price in Finland - 2021

Contents:

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

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

The average bovine animals; live import price stood at $1,177 per unit in 2022, declining by -79.8% against the previous year. In general, the import price showed a perceptible decrease. Over the period under review, average import prices hit record highs at $5,840 per unit in 2021, and then contracted significantly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +20.6% per year.

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

The average bovine animals; live export price stood at $2,537 per unit in 2020, waning by -13.4% against the previous year. Overall, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in 2013 when the average export price increased by 31%. As a result, the export price attained the peak level of $6,539 per unit. From 2014 to 2020, the average export prices failed to regain momentum.

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

From 2012 to 2020, the rate of growth in terms of prices for Russia amounted to -8.1% per year.

Bovine Animals; Live Imports in Finland

In 2022, imports of bovine animals; lives into Finland contracted markedly to 3 units, shrinking by -50% against the previous year's figure. Over the period under review, imports saw a dramatic setback. Over the period under review, imports reached the peak figure at 6 units in 2021, and then declined significantly in the following year.

In value terms, bovine animals; live imports declined markedly to $3.5K in 2022. Overall, imports recorded a dramatic decrease. Over the period under review, imports hit record highs at $35K in 2021, and then contracted markedly in the following year.

Import of Bovine Animals; Live in Finland (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
SwedenN/A3.50%
Norway2.5N/A0%
Netherlands32.5N/A0%
OthersN/AN/A0%
Total35.03.5-90.0%

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

  1. Sweden (3.0 units)

Bovine Animals; Live Exports in Finland

In 2020, bovine animals; live exports from Finland surged to 100 units, jumping by 52% compared with 2019. Overall, total exports indicated significant growth from 2019 to 2020: its volume increased at an average annual rate of +51.5% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, bovine animals; live exports soared to $254K in 2020. The total export value increased at an average annual rate of +31.3% from 2019 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Bovine Animals; Live in Finland (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Russia19325431.6%
OthersN/AN/A0%
Total19325431.6%

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

  1. Russia (100.0 units)

Source: IndexBox Market Intelligence Platform

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