Bovine Animals; Live Price in Italy - 2023
Contents:
- Bovine Animals; Live Price in Italy (CIF) - 2023
- Bovine Animals; Live Price in Italy (FOB) - 2022
- Bovine Animals; Live Imports in Italy
- Bovine Animals; Live Exports in Italy
Bovine Animals; Live Price in Italy (CIF) - 2023
The average bovine animals; live import price stood at $1,248 per unit in August 2023, almost unchanged from the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in April 2023 an increase of 6.3% m-o-m. The import price peaked at $1,298 per unit in June 2023; afterwards, it flattened through to August 2023.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Ireland ($1,275 per unit) and France ($1,262 per unit), while the price for Hungary ($867 per unit) and the Czech Republic ($1,079 per unit) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Ireland (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Bovine Animals; Live Price in Italy (FOB) - 2022
The average bovine animals; live export price stood at $734 per unit in 2022, surging by 44% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bovine animals; live export price increased by +64.5% against 2019 indices. The growth pace was the most rapid in 2017 when the average export price increased by 59% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($1,746 per unit), while the average price for exports to Spain ($253 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Bovine Animals; Live Imports in Italy
In 2022, after three years of growth, there was significant decline in overseas purchases of bovine animals; lives, when their volume decreased by -7.9% to 1.1M units. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 27% against the previous year. Imports peaked at 1.2M units in 2021, and then contracted in the following year.
In value terms, bovine animals; live imports surged to $1.9B in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Bovine Animals; Live in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 861 | 1,087 | 1,147 | 1,645 | 24.1% |
| Slovenia | 25.3 | 27.7 | 41.3 | 59.8 | 33.2% |
| Spain | 40.6 | 51.1 | 55.5 | 50.0 | 7.2% |
| Croatia | 7.8 | 18.5 | 34.7 | 41.1 | 74.0% |
| Ireland | 11.8 | 12.8 | 18.1 | 37.7 | 47.3% |
| Austria | 34.6 | 30.1 | 32.4 | 16.8 | -21.4% |
| Germany | 17.5 | 34.3 | 39.6 | 16.0 | -2.9% |
| Others | 59.1 | 89.6 | 90.5 | 56.5 | -1.5% |
| Total | 1,058 | 1,351 | 1,459 | 1,923 | 22.0% |
Top Suppliers of Bovine Animals; Live to Italy in 2022:
- France (912.8K units)
- Slovenia (32.9K units)
- Ireland (28.7K units)
- Croatia (24.9K units)
- Spain (24.8K units)
- Austria (21.8K units)
- Germany (14.7K units)
Bovine Animals; Live Exports in Italy
In 2022, exports of bovine animals; lives from Italy skyrocketed to 21K units, increasing by 32% compared with the year before. Over the period under review, exports recorded a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 82% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, bovine animals; live exports soared to $15M in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Bovine Animals; Live in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 107 | 32.8 | 202 | 3,925 | 232.3% |
| Hungary | 1,642 | 1,437 | 668 | 2,831 | 19.9% |
| Netherlands | 694 | 61.9 | 308 | 2,187 | 46.6% |
| Turkey | N/A | N/A | 125 | 1,779 | 1323.2% |
| Greece | 699 | 831 | 1,095 | 1,538 | 30.1% |
| France | 239 | 345 | 394 | 1,034 | 62.9% |
| Spain | 822 | 845 | 2,039 | 308 | -27.9% |
| Poland | 53.5 | 24.5 | 855 | 123 | 32.0% |
| Slovenia | 908 | 27.3 | N/A | 0.5 | -91.8% |
| Others | 1,828 | 1,203 | 2,365 | 1,615 | -4.0% |
| Total | 6,992 | 4,807 | 8,051 | 15,341 | 29.9% |
Top Export Markets for Bovine Animals; Live from Italy in 2022:
- Slovenia (undefinedK units)
- Netherlands (5.7K units)
- Germany (5.7K units)
- Hungary (2.1K units)
- France (1.7K units)
- Turkey (1.4K units)
- Spain (1.2K units)
- Greece (0.9K units)
- Poland (0.4K units)
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