Bovine Animals; Live Price in France - 2023
Contents:
- Bovine Animals; Live Price in France (FOB) - 2023
- Bovine Animals; Live Price in France (CIF) - 2023
- Bovine Animals; Live Exports in France
- Bovine Animals; Live Imports in France
Bovine Animals; Live Price in France (FOB) - 2023
In August 2023, the average bovine animals; live export price amounted to $1,272 per unit, almost unchanged from the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in April 2023 an increase of 7.3% m-o-m. As a result, the export price reached the peak level of $1,337 per unit; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Algeria ($1,494 per unit), while the average price for exports to Morocco ($884 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Bovine Animals; Live Price in France (CIF) - 2023
The average bovine animals; live import price stood at $1,501 per unit in August 2023, reducing by -3.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in December 2022 when the average import price increased by 28% month-to-month. Over the period under review, average import prices attained the peak figure at $1,694 per unit in April 2023; afterwards, it flattened through to August 2023.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From August 2022 to August 2023, the rate of growth in terms of prices for Spain amounted to +6.8% per month.
Bovine Animals; Live Exports in France
In 2022, approx. 1.6M units of bovine animals; lives were exported from France; with a decrease of -1.7% compared with the previous year. In general, exports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2021 when exports increased by 10%. The exports peaked at 1.8M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, bovine animals; live exports rose modestly to $1.7B in 2022. The total export value increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Bovine Animals; Live in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,166 | 1,172 | 1,235 | 1,244 | 2.2% |
| Spain | 248 | 222 | 225 | 194 | -7.9% |
| Algeria | 166 | 133 | 66.4 | 177 | 2.2% |
| Belgium | 24.8 | 17.9 | 21.5 | 35.3 | 12.5% |
| Others | 82.3 | 90.6 | 126 | 87.9 | 2.2% |
| Total | 1,686 | 1,636 | 1,675 | 1,738 | 1.0% |
Top Export Markets for Bovine Animals; Live from France in 2022:
- Italy (938.9K units)
- Spain (448.8K units)
- Algeria (100.0K units)
- Belgium (25.8K units)
Bovine Animals; Live Imports in France
In 2022, purchases abroad of bovine animals; lives decreased by -21.6% to 52K units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 10% against the previous year. As a result, imports attained the peak of 77K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, bovine animals; live imports shrank remarkably to $51M in 2022. In general, imports continue to indicate a abrupt downturn. The smallest decline of -3.1% was in 2021. Imports peaked at $64M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Bovine Animals; Live in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 47.3 | 52.3 | 43.2 | 37.8 | -7.2% |
| Spain | 8.0 | 5.5 | 4.3 | 4.5 | -17.5% |
| Netherlands | 6.0 | 1.3 | 10.1 | 2.0 | -30.7% |
| Germany | 0.6 | N/A | 0.3 | 0.6 | 0.0% |
| Others | 2.3 | 2.4 | 1.8 | 5.7 | 35.3% |
| Total | 64.2 | 61.6 | 59.7 | 50.6 | -7.6% |
Top Suppliers of Bovine Animals; Live to France in 2022:
- Belgium (34.5K units)
- Netherlands (5.7K units)
- Spain (5.4K units)
- Germany (2.9K units)
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