Price for Animal Products; Bovine Semen in Slovakia - 2023

Contents:

  1. Price for Animal Products; Bovine Semen in Slovakia (FOB) - 2022
  2. Exports of Animal Products; Bovine Semen in Slovakia

Price for Animal Products; Bovine Semen in Slovakia (FOB) - 2022

The average animal products; bovine semen export price stood at $11,519 per unit in 2022, declining by -50.4% against the previous year. Over the period under review, the export price, however, recorded significant growth. The most prominent rate of growth was recorded in 2013 an increase of 101% against the previous year. Over the period under review, the average export prices reached the peak figure at $23,215 per unit in 2021, and then contracted sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($19,692 per unit), while the average price for exports to Iran ($7,740 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 Russia (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Animal Products; Bovine Semen in Slovakia

After two years of decline, overseas shipments of animal products; bovine semens decreased by 0% to 7 units in 2022. In general, exports recorded significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, animal products; bovine semen exports declined rapidly to $81K in 2022. Overall, exports showed a significant expansion. The exports peaked at $163K in 2021, and then dropped markedly in the following year.

Export of Animal Products; Bovine Semen in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A37.60%
KazakhstanN/AN/AN/A19.70%
IranN/AN/A15515.5-90.0%
SerbiaN/AN/AN/A7.90%
United States2.8N/A2.2N/A-11.4%
KuwaitN/AN/A5.4N/A0%
OthersN/AN/AN/AN/A0%
Total2.8N/A16380.6206.5%

Top Export Markets for Animal Products; Bovine Semen from Slovakia in 2022:

  1. Russia (3.0 units)
  2. Iran (2.0 units)
  3. Serbia (1.0 units)
  4. Kazakhstan (1.0 units)

Source: IndexBox Market Intelligence Platform

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