Price for Animal Products; Bovine Semen in New Zealand - 2022
Contents:
- Price for Animal Products; Bovine Semen in New Zealand (FOB) - 2022
- Price for Animal Products; Bovine Semen in New Zealand (CIF) - 2022
- Exports of Animal Products; Bovine Semen in New Zealand
- Imports of Animal Products; Bovine Semen in New Zealand
Price for Animal Products; Bovine Semen in New Zealand (FOB) - 2022
In 2022, the average animal products; bovine semen export price amounted to $721 per unit, picking up by 13% against the previous year. In general, the export price enjoyed a resilient expansion. The growth pace was the most rapid in 2019 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($2,250 per unit), while the average price for exports to Ireland ($129 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 the UK (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Animal Products; Bovine Semen in New Zealand (CIF) - 2022
In 2022, the average animal products; bovine semen import price amounted to $4,367 per unit, jumping by 57% against the previous year. Over the period under review, the import price recorded a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Canada ($14,749 per unit), while the price for France ($751 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+37.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Animal Products; Bovine Semen in New Zealand
In 2022, after two years of decline, there was significant growth in shipments abroad of animal products; bovine semens, when their volume increased by 54% to 12K units. Over the period under review, exports, however, saw a pronounced decline. The exports peaked at 13K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, animal products; bovine semen exports soared to $8.9M in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Animal Products; Bovine Semen in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 665 | 1,029 | 1,211 | 1,667 | 35.8% |
| South Africa | 1,066 | 1,013 | 1,398 | 1,450 | 10.8% |
| Chile | 738 | 753 | 801 | 1,199 | 17.6% |
| Netherlands | 118 | 159 | 47.8 | 859 | 93.8% |
| United Kingdom | 258 | 327 | 227 | 457 | 21.0% |
| Australia | 376 | 255 | 208 | 417 | 3.5% |
| Ireland | 233 | 105 | 189 | 358 | 15.4% |
| United States | 148 | 339 | 160 | 350 | 33.2% |
| Others | 1,050 | 722 | 878 | 2,170 | 27.4% |
| Total | 4,652 | 4,703 | 5,120 | 8,929 | 24.3% |
Top Export Markets for Animal Products; Bovine Semen from New Zealand in 2022:
- Ireland (2.8K units)
- South Africa (2.8K units)
- United Kingdom (1.5K units)
- Netherlands (1.2K units)
- Australia (1.0K units)
- Argentina (0.7K units)
- United States (0.6K units)
- Chile (0.6K units)
Imports of Animal Products; Bovine Semen in New Zealand
In 2022, overseas purchases of animal products; bovine semens decreased by -27.9% to 1.1K units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 2.6%. As a result, imports attained the peak of 1.6K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, animal products; bovine semen imports expanded significantly to $4.9M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.5% 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 increased by +66.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Animal Products; Bovine Semen in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,456 | 1,745 | 1,901 | 2,303 | 16.5% |
| Canada | 470 | 518 | 484 | 723 | 15.4% |
| Denmark | 234 | 330 | 370 | 462 | 25.5% |
| United Kingdom | 41.5 | 45.6 | 182 | 433 | 118.5% |
| Australia | 317 | 454 | 474 | 351 | 3.5% |
| Netherlands | 288 | 275 | 355 | 236 | -6.4% |
| France | 47.3 | 83.7 | 131 | 45.1 | -1.6% |
| Sweden | N/A | N/A | 45.9 | N/A | 0% |
| Others | 95.7 | 251 | 410 | 360 | 55.5% |
| Total | 2,950 | 3,702 | 4,353 | 4,912 | 18.5% |
Top Suppliers of Animal Products; Bovine Semen to New Zealand in 2022:
- United States (428.0 units)
- Denmark (320.0 units)
- United Kingdom (145.0 units)
- France (60.0 units)
- Canada (49.0 units)
- Australia (42.0 units)
- Netherlands (27.0 units)
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