Price for Animal Products; Bovine Semen in Kenya - 2022
Contents:
- Price for Animal Products; Bovine Semen in Kenya (CIF) - 2022
- Price for Animal Products; Bovine Semen in Kenya (FOB) - 2022
- Imports of Animal Products; Bovine Semen in Kenya
- Exports of Animal Products; Bovine Semen in Kenya
Price for Animal Products; Bovine Semen in Kenya (CIF) - 2022
The average animal products; bovine semen import price stood at $336 per unit in 2022, flattening at the previous year. In general, the import price, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 43% against the previous year. As a result, import price attained the peak level of $722 per unit. From 2015 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 Finland ($1,139 per unit), while the price for Spain ($50 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Animal Products; Bovine Semen in Kenya (FOB) - 2022
The average animal products; bovine semen export price stood at $1,313 per unit in 2022, which is down by -39.6% against the previous year. Overall, the export price, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 an increase of 1,076%. Over the period under review, the average export prices reached the peak figure at $2,174 per unit in 2021, and then fell rapidly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($15,130 per unit), while the average price for exports to South Africa ($12 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 Zambia (+77.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Animal Products; Bovine Semen in Kenya
In 2022, purchases abroad of animal products; bovine semens decreased by -0.4% to 3.4K units, falling for the second year in a row after two years of growth. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.4% 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 -17.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 54% against the previous year. As a result, imports attained the peak of 4.2K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, animal products; bovine semen imports amounted to $1.2M in 2022. The total import value increased at an average annual rate of +13.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 47%. As a result, imports reached the peak of $1.2M; afterwards, it flattened through to 2022.
Import of Animal Products; Bovine Semen in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 167 | 388 | 326 | 357 | 28.8% |
Finland | 81.1 | 114 | 132 | 167 | 27.2% |
Canada | 44.7 | 97.3 | 91.3 | 160 | 53.0% |
United Kingdom | 61.2 | 115 | 161 | 65.1 | 2.1% |
Netherlands | 86.5 | 136 | 82.6 | 51.2 | -16.0% |
Germany | 27.5 | 26.8 | 21.2 | 34.9 | 8.3% |
Spain | 15.8 | 16.6 | 14.3 | 13.5 | -5.1% |
South Africa | 17.6 | 10.3 | N/A | 10.6 | -15.6% |
Tanzania | N/A | 1.7 | N/A | N/A | 0% |
Others | 293 | 259 | 316 | 295 | 0.2% |
Total | 794 | 1,165 | 1,144 | 1,155 | 13.3% |
Top Suppliers of Animal Products; Bovine Semen to Kenya in 2022:
- United States (1177.0 units)
- Canada (558.0 units)
- Spain (273.0 units)
- Germany (253.0 units)
- South Africa (196.0 units)
- Netherlands (176.0 units)
- Finland (147.0 units)
- United Kingdom (88.0 units)
Exports of Animal Products; Bovine Semen in Kenya
After two years of decline, shipments abroad of animal products; bovine semens increased by 80% to 18 units in 2022. Overall, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, animal products; bovine semen exports rose significantly to $24K in 2022. In general, exports, however, showed a pronounced shrinkage. Over the period under review, the exports attained the maximum at $26K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Animal Products; Bovine Semen in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zambia | 15.4 | 6.9 | 19.8 | 15.1 | -0.7% |
Burundi | N/A | N/A | N/A | 7.9 | 0% |
Zimbabwe | 10.2 | 2.0 | 1.9 | 0.5 | -63.4% |
South Africa | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
Malawi | 0.2 | N/A | N/A | N/A | 0% |
Nigeria | N/A | 0.4 | N/A | N/A | 0% |
Mozambique | N/A | 2.0 | N/A | N/A | 0% |
Rwanda | N/A | 14.2 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 26.1 | 25.5 | 21.7 | 23.6 | -3.3% |
Top Export Markets for Animal Products; Bovine Semen from Kenya in 2022:
- Burundi (11.0 units)
- South Africa (5.0 units)
- Zambia (1.0 units)
- Zimbabwe (1.0 units)
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