Price for Animal Products; Bovine Semen in Malaysia - 2021
Contents:
- Price for Animal Products; Bovine Semen in Malaysia (CIF) - 2022
- Imports of Animal Products; Bovine Semen in Malaysia
Price for Animal Products; Bovine Semen in Malaysia (CIF) - 2022
In 2022, the average animal products; bovine semen import price amounted to $994 per unit, increasing by 8.3% against the previous year. In general, the import price saw a significant increase. The pace of growth was the most pronounced in 2019 an increase of 172%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 ($4,526 per unit), while the price for South Africa ($6.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+42.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Animal Products; Bovine Semen in Malaysia
In 2022, imports of animal products; bovine semens into Malaysia skyrocketed to 655 units, growing by 94% on the previous year. Overall, imports, however, faced a precipitous descent. Imports peaked at 1.5K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, animal products; bovine semen imports surged to $651K in 2022. In general, imports saw resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 144% against the previous year. As a result, imports reached the peak of $992K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Animal Products; Bovine Semen in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 4.0 | 21.2 | 23.2 | 109 | 200.9% |
| Australia | 15.5 | 6.1 | 19.7 | 78.4 | 71.7% |
| France | 53.8 | 97.0 | 46.2 | 64.7 | 6.3% |
| United States | 65.8 | 95.4 | 29.8 | 61.9 | -2.0% |
| Germany | 32.6 | 40.5 | 25.9 | 56.2 | 19.9% |
| United Kingdom | 9.7 | 6.7 | 20.8 | 34.0 | 51.9% |
| Italy | 15.0 | 22.3 | 20.0 | 28.0 | 23.1% |
| Brazil | 6.6 | 8.9 | 5.8 | 13.0 | 25.4% |
| South Africa | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
| Argentina | N/A | 394 | N/A | N/A | 0% |
| Finland | 35.1 | N/A | N/A | N/A | 0% |
| Others | 168 | 300 | 119 | 206 | 7.0% |
| Total | 406 | 992 | 310 | 651 | 17.0% |
Top Suppliers of Animal Products; Bovine Semen to Malaysia in 2022:
- France (205.0 units)
- Italy (149.0 units)
- Germany (82.0 units)
- United Kingdom (39.0 units)
- United States (37.0 units)
- South Africa (28.0 units)
- New Zealand (24.0 units)
- Australia (19.0 units)
- Brazil (11.0 units)
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