Price for Animal Products; Bovine Semen in Argentina - 2023
Contents:
- Price for Animal Products; Bovine Semen in Argentina (CIF) - 2022
- Price for Animal Products; Bovine Semen in Argentina (FOB) - 2022
- Imports of Animal Products; Bovine Semen in Argentina
- Exports of Animal Products; Bovine Semen in Argentina
Price for Animal Products; Bovine Semen in Argentina (CIF) - 2022
The average animal products; bovine semen import price stood at $1,729 per unit in 2022, increasing by 8.2% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 41% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($3,102 per unit), while the price for France ($833 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Animal Products; Bovine Semen in Argentina (FOB) - 2022
In 2022, the average animal products; bovine semen export price amounted to $866 per unit, declining by -14% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 26%. The export price peaked at $1,657 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Colombia ($877 per unit) and Uruguay ($875 per unit), while the average price for exports to Paraguay ($859 per unit) and Brazil ($873 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-1.0%), while the prices for the other major destinations experienced a decline.
Imports of Animal Products; Bovine Semen in Argentina
In 2022, approx. 10K units of animal products; bovine semens were imported into Argentina; declining by -1.9% compared with 2021 figures. Overall, imports continue to indicate a deep setback. Over the period under review, imports reached the peak figure at 12K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, animal products; bovine semen imports expanded sharply to $18M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% 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 +57.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 28%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Animal Products; Bovine Semen in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.9 | 9.0 | 11.1 | 10.9 | 16.5% |
| Canada | 2.9 | 3.3 | 3.5 | 4.2 | 13.1% |
| New Zealand | 0.7 | 1.1 | 1.1 | 1.4 | 26.0% |
| France | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Others | 0.5 | 0.7 | 0.8 | 0.9 | 21.6% |
| Total | 11.2 | 14.4 | 16.6 | 17.7 | 16.5% |
Top Suppliers of Animal Products; Bovine Semen to Argentina in 2022:
- United States (6.5K units)
- Canada (2.5K units)
- New Zealand (0.5K units)
- France (0.2K units)
Exports of Animal Products; Bovine Semen in Argentina
In 2022, animal products; bovine semen exports from Argentina surged to 2.6K units, growing by 126% against the year before. In general, exports recorded a moderate expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, animal products; bovine semen exports surged to $2.3M in 2022. Over the period under review, exports, however, saw a abrupt decrease. Over the period under review, the exports reached the maximum at $3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Animal Products; Bovine Semen in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 1,076 | 849 | 713 | 1,154 | 2.4% |
| Brazil | 1,649 | 1,556 | 346 | 709 | -24.5% |
| Uruguay | 278 | 238 | 117 | 359 | 8.9% |
| Colombia | 40.1 | 56.4 | N/A | 65.8 | 17.9% |
| Others | N/A | 77.3 | N/A | N/A | 0% |
| Total | 3,043 | 2,777 | 1,176 | 2,287 | -9.1% |
Top Export Markets for Animal Products; Bovine Semen from Argentina in 2022:
- Paraguay (1343.0 units)
- Brazil (812.0 units)
- Uruguay (410.0 units)
- Colombia (75.0 units)
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