Price for Animal Products; Bovine Semen in Luxembourg - 2023
Contents:
- Price for Animal Products; Bovine Semen in Luxembourg (CIF) - 2022
- Price for Animal Products; Bovine Semen in Luxembourg (FOB) - 2022
- Imports of Animal Products; Bovine Semen in Luxembourg
- Exports of Animal Products; Bovine Semen in Luxembourg
Price for Animal Products; Bovine Semen in Luxembourg (CIF) - 2022
The average animal products; bovine semen import price stood at $336 per unit in 2022, which is down by -10.4% against the previous year. Over the period under review, the import price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2018 an increase of 4.6% against the previous year. Over the period under review, average import prices reached the maximum at $424 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($337 per unit) and Germany ($336 per unit), while the price for France ($334 per unit) and the Netherlands ($336 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.9%), while the prices for the other major suppliers experienced a decline.
Price for Animal Products; Bovine Semen in Luxembourg (FOB) - 2022
In 2022, the average animal products; bovine semen export price amounted to $329 per unit, falling by -9.8% against the previous year. Overall, the export price saw a noticeable contraction. The pace of growth was the most pronounced in 2021 an increase of 11%. Over the period under review, the average export prices attained the peak figure at $415 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($349 per unit), while the average price for exports to Switzerland ($21 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 Germany (-1.6%), while the prices for the other major destinations experienced a decline.
Imports of Animal Products; Bovine Semen in Luxembourg
In 2022, overseas purchases of animal products; bovine semens decreased by -17.8% to 1.8K units, falling for the second consecutive year after two years of growth. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 1.1%. As a result, imports reached the peak of 2.3K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, animal products; bovine semen imports fell sharply to $603K in 2022. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 2.5%. As a result, imports reached the peak of $839K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Animal Products; Bovine Semen in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 703 | 738 | 754 | 503 | -10.6% |
| Netherlands | 42.7 | 51.5 | 25.4 | 60.4 | 12.3% |
| Belgium | 16.4 | 23.2 | 26.0 | 22.6 | 11.3% |
| France | 53.7 | 22.7 | 12.2 | 17.0 | -31.8% |
| Others | 2.8 | 3.8 | 1.8 | N/A | -19.8% |
| Total | 819 | 839 | 819 | 603 | -9.7% |
Top Suppliers of Animal Products; Bovine Semen to Luxembourg in 2022:
- Germany (1497.0 units)
- Netherlands (180.0 units)
- Belgium (67.0 units)
- France (51.0 units)
Exports of Animal Products; Bovine Semen in Luxembourg
In 2022, after three years of growth, there was significant decline in overseas shipments of animal products; bovine semens, when their volume decreased by -60.7% to 44 units. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. As a result, the exports reached the peak of 112 units, and then reduced rapidly in the following year.
In value terms, animal products; bovine semen exports shrank dramatically to $14K in 2022. Overall, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, the exports attained the peak of $41K, and then declined significantly in the following year.
| Export of Animal Products; Bovine Semen in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 14.9 | N/A | 16.5 | 8.8 | -16.1% |
| Belgium | 7.7 | 11.6 | 7.4 | 3.6 | -22.4% |
| Germany | 2.0 | 15.1 | 14.7 | 2.1 | 1.6% |
| Switzerland | N/A | N/A | N/A | N/A | 0% |
| Oman | N/A | N/A | 2.4 | N/A | 0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 24.6 | 26.9 | 40.9 | 14.5 | -16.2% |
Top Export Markets for Animal Products; Bovine Semen from Luxembourg in 2022:
- France (26.0 units)
- Belgium (11.0 units)
- Germany (6.0 units)
- Switzerland (1.0 units)
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