Price for Animal Products; Bovine Semen in Bangladesh - 2022
Contents:
- Price for Animal Products; Bovine Semen in Bangladesh (CIF) - 2022
- Imports of Animal Products; Bovine Semen in Bangladesh
Price for Animal Products; Bovine Semen in Bangladesh (CIF) - 2022
The average animal products; bovine semen import price stood at $14 per unit in 2022, waning by -1.7% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, animal products; bovine semen import price increased by +3.0% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 90%. Over the period under review, average import prices hit record highs at $16 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($27 per unit), while the price for the United States ($13 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Animal Products; Bovine Semen in Bangladesh
After three years of growth, overseas purchases of animal products; bovine semens decreased by -20% to 2.6K units in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 68% against the previous year. Imports peaked at 3.3K units in 2021, and then dropped remarkably in the following year.
In value terms, animal products; bovine semen imports dropped notably to $36K in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 75%. As a result, imports reached the peak of $45K, and then dropped remarkably in the following year.
Import of Animal Products; Bovine Semen in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.1 | 12.9 | 27.2 | 25.2 | 60.5% |
Canada | 6.9 | 8.7 | 14.0 | 9.3 | 10.5% |
Switzerland | 2.8 | 2.8 | 2.7 | 0.8 | -34.1% |
Italy | 1.5 | 1.6 | 1.5 | 0.4 | -35.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 17.3 | 26.0 | 45.4 | 35.7 | 27.3% |
Top Suppliers of Animal Products; Bovine Semen to Bangladesh in 2022:
- United States (1867.0 units)
- Canada (692.0 units)
- Italy (32.0 units)
- Switzerland (28.0 units)
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