Bovine Animals; Live Price in Indonesia - 2022
Contents:
- Bovine Animals; Live Price in Indonesia (CIF) - 2022
- Bovine Animals; Live Price in Indonesia (FOB) - 2022
- Bovine Animals; Live Imports in Indonesia
- Bovine Animals; Live Exports in Indonesia
Bovine Animals; Live Price in Indonesia (CIF) - 2022
In March 2022, the average bovine animals; live import price amounted to $955 per unit, therefore, remained relatively stable against the previous month. Overall, the import price recorded a mild downturn. The pace of growth appeared the most rapid in January 2022 an increase of 5% m-o-m. As a result, import price reached the peak level of $1,219 per unit. From February 2022 to March 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From March 2021 to March 2022, the rate of growth in terms of prices for Australia amounted to -1.8% per month.
Bovine Animals; Live Price in Indonesia (FOB) - 2022
The average bovine animals; live export price stood at $2,021 per unit in 2022, reducing by -13.9% against the previous year. In general, the export price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices hit record highs at $2,346 per unit in 2021, and then contracted in the following year.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +12.1% per year.
Bovine Animals; Live Imports in Indonesia
In 2022, the amount of bovine animals; lives imported into Indonesia contracted rapidly to 370K units, declining by -35.1% against the previous year's figure. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. Imports peaked at 663K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, bovine animals; live imports contracted notably to $374M in 2022. Overall, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year. Imports peaked at $597M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Bovine Animals; Live in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 597 | 435 | 533 | 374 | -14.4% |
| Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Total | 597 | 435 | 533 | 374 | -14.4% |
Top Suppliers of Bovine Animals; Live to Indonesia in 2022:
- Australia (369.8K units)
Bovine Animals; Live Exports in Indonesia
In 2022, overseas shipments of bovine animals; lives increased by 10% to 11 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt setback. The exports peaked at 15 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, bovine animals; live exports contracted to $22K in 2022. The total export value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 12%. Over the period under review, the exports reached the peak figure at $23K in 2021, and then contracted in the following year.
| Export of Bovine Animals; Live in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 18.8 | 21.0 | 23.5 | 22.2 | 5.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 18.8 | 21.0 | 23.5 | 22.2 | 5.7% |
Top Export Markets for Bovine Animals; Live from Indonesia in 2022:
- Singapore (11.0 units)
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