Price for Animal Products; Bovine Semen in Belarus - 2022
Contents:
- Price for Animal Products; Bovine Semen in Belarus (CIF) - 2022
- Price for Animal Products; Bovine Semen in Belarus (FOB) - 2022
- Imports of Animal Products; Bovine Semen in Belarus
- Exports of Animal Products; Bovine Semen in Belarus
Price for Animal Products; Bovine Semen in Belarus (CIF) - 2022
In 2022, the average animal products; bovine semen import price amounted to $1,116 per unit, dropping by -28.1% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 25% against the previous year. The import price peaked at $2,059 per unit in 2020; however, from 2021 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 ($3,067 per unit), while the price for Russia ($261 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+17.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Animal Products; Bovine Semen in Belarus (FOB) - 2022
The average animal products; bovine semen export price stood at $1,779 per unit in 2022, dropping by -5.4% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 export price increased by +3.9% against 2018 indices. The pace of growth was the most pronounced in 2015 when the average export price increased by 95% against the previous year. The export price peaked at $1,880 per unit in 2021, and then dropped in the following year.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($2,054 per unit), while the average price for exports to Tajikistan totaled $1,392 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+42.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Animal Products; Bovine Semen in Belarus
For the fourth year in a row, Belarus recorded growth in overseas purchases of animal products; bovine semens, which increased by 8.9% to 809 units in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 134% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, animal products; bovine semen imports dropped rapidly to $903K in 2022. In general, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 77% against the previous year. As a result, imports reached the peak of $1.2M, and then reduced dramatically in the following year.
| Import of Animal Products; Bovine Semen in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 86.5 | 406 | 899 | 699 | 100.7% |
| Russia | 117 | 104 | 188 | 146 | 7.7% |
| Germany | 74.9 | 83.6 | 65.4 | 57.2 | -8.6% |
| Denmark | N/A | 58.6 | N/A | N/A | 0% |
| Others | 131 | N/A | N/A | N/A | 0% |
| Total | 409 | 653 | 1,153 | 903 | 30.2% |
Top Suppliers of Animal Products; Bovine Semen to Belarus in 2022:
- Russia (561.0 units)
- United States (228.0 units)
- Germany (20.0 units)
Exports of Animal Products; Bovine Semen in Belarus
In 2022, shipments abroad of animal products; bovine semens was finally on the rise to reach 12 units after two years of decline. Overall, exports, however, showed a deep downturn. Over the period under review, the exports hit record highs at 21 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, animal products; bovine semen exports expanded to $21K in 2022. Over the period under review, exports, however, saw a pronounced setback. The exports peaked at $25K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Animal Products; Bovine Semen in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 12.6 | 9.4 | 17.2 | 14.4 | 4.6% |
| Tajikistan | 11.7 | 1.6 | 3.5 | 7.0 | -15.7% |
| Kazakhstan | 0.5 | 11.0 | N/A | N/A | 2100.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 24.8 | 22.0 | 20.7 | 21.3 | -4.9% |
Top Export Markets for Animal Products; Bovine Semen from Belarus in 2022:
- Russia (7.0 units)
- Tajikistan (5.0 units)
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