Price for Animal Products; Bovine Semen in Belgium - 2023
Contents:
- Price for Animal Products; Bovine Semen in Belgium (FOB) - 2022
- Price for Animal Products; Bovine Semen in Belgium (CIF) - 2023
- Exports of Animal Products; Bovine Semen in Belgium
- Imports of Animal Products; Bovine Semen in Belgium
Price for Animal Products; Bovine Semen in Belgium (FOB) - 2022
In 2022, the average animal products; bovine semen export price amounted to $485 per unit, which is down by -7.7% against the previous year. In general, the export price continues to indicate a dramatic slump. The pace of growth appeared the most rapid in 2013 when the average export price increased by 5.7% against the previous year. The export price peaked at $10,034 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($1,368 per unit), while the average price for exports to Romania ($146 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 Sweden (+151.0%), while the prices for the other major destinations experienced a decline.
Price for Animal Products; Bovine Semen in Belgium (CIF) - 2023
The average animal products; bovine semen import price stood at $250 per unit in July 2023, standing approximately at the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 37% m-o-m. Over the period under review, average import prices attained the maximum at $295 per unit in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($651 per unit), while the price for the Netherlands ($227 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Animal Products; Bovine Semen in Belgium
In 2022, after three years of growth, there was significant decline in overseas shipments of animal products; bovine semens, when their volume decreased by -17.3% to 14K units. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 115%. As a result, the exports attained the peak of 17K units, and then declined sharply in the following year.
In value terms, animal products; bovine semen exports fell notably to $6.8M in 2022. Over the period under review, exports recorded a pronounced descent. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. As a result, the exports attained the peak of $8.9M, and then fell rapidly in the following year.
| Export of Animal Products; Bovine Semen in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2,625 | 1,907 | 2,503 | 1,923 | -9.9% |
| France | 1,499 | 1,539 | 1,737 | 1,351 | -3.4% |
| Vietnam | 1,087 | 1,090 | 1,095 | 893 | -6.3% |
| Germany | 728 | 887 | 1,006 | 799 | 3.2% |
| Italy | 254 | 398 | 656 | 485 | 24.1% |
| Spain | 161 | 219 | 242 | 224 | 11.6% |
| Romania | 203 | 163 | 208 | 126 | -14.7% |
| Others | 900 | 1,261 | 1,468 | 1,000 | 3.6% |
| Total | 7,456 | 7,464 | 8,915 | 6,801 | -3.0% |
Top Export Markets for Animal Products; Bovine Semen from Belgium in 2022:
- Netherlands (3.1K units)
- Italy (2.6K units)
- France (2.5K units)
- Germany (1.7K units)
- Spain (1.3K units)
- Romania (0.9K units)
- Vietnam (0.7K units)
Imports of Animal Products; Bovine Semen in Belgium
For the fourth year in a row, Belgium recorded growth in overseas purchases of animal products; bovine semens, which increased by 0.6% to 23K units in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 271%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, animal products; bovine semen imports shrank to $5.1M in 2022. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 160% against the previous year. Over the period under review, imports hit record highs at $5.8M in 2021, and then fell in the following year.
| Import of Animal Products; Bovine Semen in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.8 | 4.4 | 4.5 | 4.0 | 71.0% |
| Germany | 0.4 | 0.4 | 0.4 | 0.4 | 0.0% |
| France | 0.5 | 0.3 | 0.4 | 0.4 | -7.2% |
| Others | 0.5 | 0.7 | 0.5 | 0.3 | -15.7% |
| Total | 2.2 | 5.8 | 5.8 | 5.1 | 32.3% |
Top Suppliers of Animal Products; Bovine Semen to Belgium in 2022:
- Netherlands (20.8K units)
- Germany (1.0K units)
- France (0.8K units)
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