Price for Animal Products; Bovine Semen in Azerbaijan - 2023
Contents:
- Price for Animal Products; Bovine Semen in Azerbaijan (CIF) - 2022
- Imports of Animal Products; Bovine Semen in Azerbaijan
Price for Animal Products; Bovine Semen in Azerbaijan (CIF) - 2022
The average animal products; bovine semen import price stood at $753 per unit in 2022, falling by -3.4% against the previous year. Overall, the import price, however, posted strong growth. The most prominent rate of growth was recorded in 2016 an increase of 45%. The import price peaked at $779 per unit in 2021, and then contracted slightly in the following year.
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 Russia ($4,268 per unit), while the price for Germany ($310 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Animal Products; Bovine Semen in Azerbaijan
In 2022, the amount of animal products; bovine semens imported into Azerbaijan surged to 365 units, with an increase of 27% compared with the previous year's figure. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 98%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, animal products; bovine semen imports soared to $275K in 2022. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 79% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Animal Products; Bovine Semen in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.7 | 60.1 | 119 | 154 | 98.5% |
| Germany | 24.0 | 33.7 | 34.8 | 46.5 | 24.7% |
| Russia | 10.5 | 4.4 | 8.2 | 25.6 | 34.6% |
| Czech Republic | 5.7 | 6.0 | 5.0 | 14.2 | 35.6% |
| Netherlands | 11.8 | 9.7 | 9.8 | 11.4 | -1.1% |
| Canada | 1.2 | 2.3 | 3.6 | 9.4 | 98.6% |
| Slovenia | N/A | 15.2 | 5.3 | N/A | -65.1% |
| United Kingdom | N/A | 19.5 | N/A | N/A | 0% |
| Israel | 9.6 | 10.5 | 9.6 | N/A | 0.0% |
| Turkey | 4.5 | 7.9 | N/A | N/A | 75.6% |
| Others | 30.7 | 41.7 | 28.0 | 13.6 | -23.8% |
| Total | 118 | 211 | 224 | 275 | 32.6% |
Top Suppliers of Animal Products; Bovine Semen to Azerbaijan in 2022:
- Germany (150.0 units)
- United States (149.0 units)
- Netherlands (30.0 units)
- Canada (13.0 units)
- Czech Republic (13.0 units)
- Russia (6.0 units)
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