Price for Animal Products; Bovine Semen in Iraq - 2022
Contents:
- Price for Animal Products; Bovine Semen in Iraq (CIF) - 2022
- Imports of Animal Products; Bovine Semen in Iraq
Price for Animal Products; Bovine Semen in Iraq (CIF) - 2022
In 2022, the average animal products; bovine semen import price amounted to $2.1 per unit, jumping by 27% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 89% against the previous year. As a result, import price reached the peak level of $4.2 per unit. From 2014 to 2022, the average import prices failed to regain momentum.
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 Germany ($15 per unit), while the price for France ($1.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.8%), while the prices for the other major suppliers experienced a decline.
Imports of Animal Products; Bovine Semen in Iraq
In 2022, after three years of growth, there was decline in overseas purchases of animal products; bovine semens, when their volume decreased by -2.6% to 83K units. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. Imports peaked at 85K units in 2021, and then reduced modestly in the following year.
In value terms, animal products; bovine semen imports soared to $173K in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 65% against the previous year. As a result, imports reached the peak of $205K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Animal Products; Bovine Semen in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 21.2 | 39.9 | 30.8 | 42.5 | 26.1% |
| Germany | 22.2 | 20.6 | 21.4 | 35.8 | 17.3% |
| Netherlands | 38.6 | 50.5 | 40.8 | 28.5 | -9.6% |
| Jordan | 15.3 | 28.8 | 19.1 | 22.9 | 14.4% |
| France | N/A | N/A | N/A | 20.3 | 0% |
| Canada | 22.8 | 30.7 | 11.5 | 17.5 | -8.4% |
| United Kingdom | 4.5 | 19.7 | 16.4 | 5.0 | 3.6% |
| United Arab Emirates | N/A | 15.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 125 | 205 | 140 | 173 | 11.4% |
Top Suppliers of Animal Products; Bovine Semen to Iraq in 2022:
- United States (25.5K units)
- Netherlands (17.1K units)
- France (14.3K units)
- Jordan (12.2K units)
- Canada (10.5K units)
- Germany (2.4K units)
- United Kingdom (0.9K units)
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