Price for Animal Products; Bovine Semen in Chile - 2023
Contents:
- Price for Animal Products; Bovine Semen in Chile (CIF) - 2022
- Imports of Animal Products; Bovine Semen in Chile
Price for Animal Products; Bovine Semen in Chile (CIF) - 2022
In 2022, the average animal products; bovine semen import price amounted to $477 per unit, surging by 8.3% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 +99.0% against 2015 indices. The pace of growth was the most pronounced in 2016 an increase of 47% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.
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 ($1,426 per unit), while the price for the United States ($341 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Animal Products; Bovine Semen in Chile
In 2022, approx. 12K units of animal products; bovine semens were imported into Chile; increasing by 2.9% against the previous year's figure. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 5.6%. As a result, imports attained the peak of 12K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, animal products; bovine semen imports rose markedly to $5.7M in 2022. The total import value increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Animal Products; Bovine Semen in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,168 | 2,523 | 2,315 | 2,924 | 10.5% |
| New Zealand | 760 | 799 | 939 | 1,004 | 9.7% |
| Netherlands | 532 | 512 | 516 | 621 | 5.3% |
| Canada | 187 | 170 | 311 | 303 | 17.5% |
| France | 185 | 254 | 236 | 244 | 9.7% |
| Ireland | 121 | 173 | 240 | 145 | 6.2% |
| United Kingdom | 301 | 188 | 227 | 125 | -25.4% |
| Others | 393 | 485 | 293 | 294 | -9.2% |
| Total | 4,647 | 5,104 | 5,076 | 5,660 | 6.8% |
Top Suppliers of Animal Products; Bovine Semen to Chile in 2022:
- United States (8.6K units)
- Netherlands (0.7K units)
- New Zealand (0.7K units)
- Canada (0.5K units)
- France (0.5K units)
- United Kingdom (0.4K units)
- Ireland (0.2K units)
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