Bovine Animals; Live Price in Pakistan - 2023
Contents:
- Bovine Animals; Live Price in Pakistan (CIF) - 2022
- Bovine Animals; Live Price in Pakistan (FOB) - 2022
- Bovine Animals; Live Imports in Pakistan
- Bovine Animals; Live Exports in Pakistan
Bovine Animals; Live Price in Pakistan (CIF) - 2022
The average bovine animals; live import price stood at $974 per unit in 2022, which is down by -17.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs at $2,732 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,285 per unit), while the price for Australia ($716 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.1%), while the prices for the other major suppliers experienced a decline.
Bovine Animals; Live Price in Pakistan (FOB) - 2022
The average bovine animals; live export price stood at $879 per unit in 2022, standing approx. at the previous year. Overall, the export price, however, showed a buoyant expansion. The growth pace was the most rapid in 2015 an increase of 78% against the previous year. Over the period under review, the average export prices attained the maximum at $888 per unit in 2021, and then fell slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Afghanistan ($2,033 per unit), while the average price for exports to Saudi Arabia ($354 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 Afghanistan (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.
Bovine Animals; Live Imports in Pakistan
In 2022, approx. 20K units of bovine animals; lives were imported into Pakistan; increasing by 105% on the previous year's figure. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 209% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, bovine animals; live imports skyrocketed to $20M in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 277%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Bovine Animals; Live in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.6 | 1.8 | 6.2 | 11.8 | 94.6% |
| Netherlands | 0.3 | 0.3 | 2.1 | 4.5 | 146.6% |
| Australia | 5.5 | 1.0 | 2.7 | 3.5 | -14.0% |
| Others | 0.6 | N/A | 0.7 | N/A | 8.0% |
| Total | 8.0 | 3.1 | 11.7 | 19.8 | 35.3% |
Top Suppliers of Bovine Animals; Live to Pakistan in 2022:
- United States (9.2K units)
- Netherlands (6.3K units)
- Australia (4.9K units)
Bovine Animals; Live Exports in Pakistan
In 2022, approx. 378 units of bovine animals; lives were exported from Pakistan; waning by -2.3% on the previous year. Over the period under review, exports continue to indicate a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 0.3%. The exports peaked at 4.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, bovine animals; live exports declined slightly to $332K in 2022. In general, exports recorded a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 6.9%. The exports peaked at $2.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Bovine Animals; Live in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 2,055 | 272 | 292 | 278 | -48.7% |
| Afghanistan | 181 | 22.5 | 22.7 | 20.3 | -51.8% |
| Saudi Arabia | 95.7 | 14.0 | 16.5 | 17.3 | -43.5% |
| United Arab Emirates | 173 | 5.8 | 5.5 | 9.4 | -62.1% |
| Others | 58.4 | 6.9 | 6.7 | 7.7 | -49.1% |
| Total | 2,562 | 321 | 344 | 332 | -49.4% |
Top Export Markets for Bovine Animals; Live from Pakistan in 2022:
- Iran (300.0 units)
- Saudi Arabia (49.0 units)
- United Arab Emirates (10.0 units)
- Afghanistan (10.0 units)
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