Bovine Animals; Live Price in Ireland - 2023
Contents:
- Bovine Animals; Live Price in Ireland (FOB) - 2023
- Bovine Animals; Live Price in Ireland (CIF) - 2022
- Bovine Animals; Live Exports in Ireland
- Bovine Animals; Live Imports in Ireland
Bovine Animals; Live Price in Ireland (FOB) - 2023
In August 2023, the average bovine animals; live export price amounted to $1,246 per unit, dropping by -5.7% against the previous month. Overall, export price indicated a slight expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, bovine animals; live export price decreased by -9.7% against April 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 126% month-to-month. Over the period under review, the average export prices reached the maximum at $1,380 per unit in April 2023; afterwards, it flattened through to August 2023.
Average prices varied noticeably for the major overseas markets. In August 2023, the countries with the highest prices were the Netherlands ($1,362 per unit) and the UK ($1,266 per unit), while the average price for exports to Poland ($1,157 per unit) and Spain ($1,169 per unit) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Bovine Animals; Live Price in Ireland (CIF) - 2022
In 2022, the average bovine animals; live import price amounted to $697 per unit, flattening at the previous year. Overall, the import price saw a pronounced decline. The growth pace was the most rapid in 2016 an increase of 45%. As a result, import price reached the peak level of $1,558 per unit. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($3,930 per unit), while the price for the UK ($339 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.6%), while the prices for the other major suppliers experienced a decline.
Bovine Animals; Live Exports in Ireland
In 2022, overseas shipments of bovine animals; lives decreased by 0% to 256K units, falling for the second year in a row after two years of growth. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 21%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, bovine animals; live exports stood at $168M in 2022. Overall, exports posted buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by less than 0.1%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Bovine Animals; Live in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 35.6 | 47.3 | N/A | 66.3 | 23.0% |
| Spain | 24.1 | 22.1 | N/A | 29.5 | 7.0% |
| Italy | 16.2 | 14.9 | N/A | 25.6 | 16.5% |
| Netherlands | 9.9 | 7.1 | N/A | 13.7 | 11.4% |
| Libya | 10.6 | 9.2 | N/A | 8.9 | -5.7% |
| France | 11.8 | 7.3 | N/A | 8.5 | -10.4% |
| Jordan | N/A | N/A | N/A | 5.6 | 0% |
| Others | 17.0 | 17.3 | N/A | 10.3 | -15.4% |
| Total | 125 | 125 | N/A | 168 | 10.4% |
Top Export Markets for Bovine Animals; Live from Ireland in 2022:
- Spain (72.3K units)
- United Kingdom (62.9K units)
- Italy (39.3K units)
- Netherlands (35.4K units)
- France (19.9K units)
- Libya (9.3K units)
- Jordan (5.1K units)
Bovine Animals; Live Imports in Ireland
In 2022, purchases abroad of bovine animals; lives decreased by 0% to 3.6K units, falling for the second year in a row after two years of growth. In general, imports saw a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 122%. As a result, imports reached the peak of 9.8K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, bovine animals; live imports amounted to $2.5M in 2022. Over the period under review, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 188% against the previous year. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Bovine Animals; Live in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 52.6 | 1,967 | N/A | 1,329 | 193.4% |
| Austria | 58.1 | 403 | N/A | 456 | 98.7% |
| Germany | 108 | 816 | N/A | 443 | 60.1% |
| United Kingdom | 519 | 360 | N/A | 136 | -36.0% |
| France | 32.2 | 5,851 | N/A | 77.6 | 34.1% |
| Denmark | 379 | 262 | N/A | 43.1 | -51.6% |
| Belgium | 3,018 | 2,474 | N/A | N/A | -18.0% |
| Others | 68.0 | 58.7 | N/A | 9.5 | -48.1% |
| Total | 4,235 | 12,191 | N/A | 2,494 | -16.2% |
Top Suppliers of Bovine Animals; Live to Ireland in 2022:
- Netherlands (2107.0 units)
- Germany (871.0 units)
- United Kingdom (403.0 units)
- Austria (116.0 units)
- Denmark (28.0 units)
- France (28.0 units)
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