Price for Animal Products; Bovine Semen in Mexico - 2023
Contents:
- Price for Animal Products; Bovine Semen in Mexico (CIF) - 2023
- Imports of Animal Products; Bovine Semen in Mexico
Price for Animal Products; Bovine Semen in Mexico (CIF) - 2023
In May 2023, the average animal products; bovine semen import price amounted to $6,080 per unit, approximately reflecting the previous month. In general, the import price recorded a notable expansion. The pace of growth appeared the most rapid in June 2022 an increase of 124% month-to-month. The import price peaked at $10,752 per unit in March 2023; afterwards, it flattened through to May 2023.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From May 2022 to May 2023, the rate of growth in terms of prices for the United States amounted to +4.1% per month.
Imports of Animal Products; Bovine Semen in Mexico
Animal products; bovine semen imports into Mexico contracted slightly to 2.2K units in 2022, which is down by -4.3% against 2021. Over the period under review, imports showed a abrupt downturn. Imports peaked at 3.6K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, animal products; bovine semen imports dropped to $12M in 2022. In general, imports recorded a abrupt descent. Over the period under review, imports attained the maximum at $19M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Animal Products; Bovine Semen in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.6 | 13.2 | 12.0 | 11.9 | -8.6% |
| Canada | 2.4 | 2.2 | 1.3 | 0.2 | -56.3% |
| Spain | 0.5 | 0.4 | N/A | N/A | -20.0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 18.6 | 15.9 | 13.4 | 12.1 | -13.4% |
Top Suppliers of Animal Products; Bovine Semen to Mexico in 2022:
- Canada (undefinedK units)
- United States (2.2K units)
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