Price for Animal Products; Bovine Semen in Slovenia - 2023

Contents:

  1. Price for Animal Products; Bovine Semen in Slovenia (CIF) - 2022
  2. Price for Animal Products; Bovine Semen in Slovenia (FOB) - 2022
  3. Imports of Animal Products; Bovine Semen in Slovenia
  4. Exports of Animal Products; Bovine Semen in Slovenia

Price for Animal Products; Bovine Semen in Slovenia (CIF) - 2022

In 2022, the average animal products; bovine semen import price amounted to $5,269 per unit, with an increase of 1.7% against the previous year. Overall, the import price, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 when the average import price increased by 107%. The import price peaked at $23,082 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($62,257 per unit), while the price for Switzerland ($1,500 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+93.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average animal products; bovine semen export price stood at $855 per unit in 2022, with a decrease of -46.5% against the previous year. Overall, the export price saw a slight descent. The pace of growth was the most pronounced in 2018 when the average export price increased by 78% against the previous year. As a result, the export price reached the peak level of $3,137 per unit. From 2019 to 2022, the average 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 Bosnia and Herzegovina ($3,462 per unit), while the average price for exports to Turkey totaled $676 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+283.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Animal Products; Bovine Semen in Slovenia

Animal products; bovine semen imports into Slovenia surged to 94 units in 2022, picking up by 25% on 2021. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.5% 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 +54.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, animal products; bovine semen imports skyrocketed to $495K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.5% 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 +57.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Animal Products; Bovine Semen in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany20121428328312.1%
Canada97.774.719.162.3-13.9%
United States44.14.638.256.08.3%
NetherlandsN/AN/A9.837.7284.7%
Switzerland17.714.321.322.58.3%
Austria7.47.81.52.6-29.4%
OthersN/AN/A15.230.8102.6%
Total36831638849510.4%

Top Suppliers of Animal Products; Bovine Semen to Slovenia in 2022:

  1. Germany (66.0 units)
  2. Switzerland (15.0 units)
  3. United States (4.0 units)
  4. Netherlands (2.0 units)
  5. Canada (1.0 units)
  6. Austria (1.0 units)

Exports of Animal Products; Bovine Semen in Slovenia

In 2022, overseas shipments of animal products; bovine semens decreased by -36.6% to 78 units, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2020 when exports increased by 116%. As a result, the exports attained the peak of 134 units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, animal products; bovine semen exports plummeted to $67K in 2022. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 66% against the previous year. Over the period under review, the exports reached the maximum at $197K in 2021, and then declined notably in the following year.

Export of Animal Products; Bovine Semen in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey45.514513249.32.7%
Bosnia and Herzegovina58.823.858.117.3-33.5%
AzerbaijanN/A5.26.7N/A28.8%
OthersN/AN/AN/AN/A0%
Total10417319766.7-13.8%

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

  1. Turkey (73.0 units)
  2. Bosnia and Herzegovina (5.0 units)

Source: IndexBox Market Intelligence Platform

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