Price for Animal Products; Bovine Semen in Tanzania - 2022

Contents:

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

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

The average animal products; bovine semen import price stood at $265 per unit in 2022, picking up by 29% against the previous year. Over the period under review, the import price saw a mild increase. The pace of growth was the most pronounced in 2017 an increase of 117% against the previous year. As a result, import price attained the peak level of $365 per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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 Denmark ($1,313 per unit), while the price for the UK ($112 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+122.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average animal products; bovine semen export price stood at $598 per unit in 2022, waning by -9.9% against the previous year. Overall, the export price, however, showed a moderate expansion. The growth pace was the most rapid in 2021 when the average export price increased by 148% against the previous year. The export price peaked at $1,119 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,464 per unit), while the average price for exports to Spain ($134 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 Canada (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Animal Products; Bovine Semen in Tanzania

After three years of growth, purchases abroad of animal products; bovine semens decreased by -37.2% to 226 units in 2022. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 148%. As a result, imports attained the peak of 360 units, and then contracted significantly in the following year.

In value terms, animal products; bovine semen imports reduced dramatically to $60K in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 259%. As a result, imports reached the peak of $74K, and then fell notably in the following year.

Import of Animal Products; Bovine Semen in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark3.63.511.730.2103.2%
United States4.36.119.921.370.5%
United Kingdom0.61.45.68.5142.0%
Germany1.51.84.2N/A67.3%
South Africa2.0N/A8.5N/A106.2%
Italy1.52.05.2N/A86.2%
Netherlands1.62.26.1N/A95.3%
OthersN/A3.813.0N/A242.1%
Total15.020.774.359.958.7%

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

  1. United States (127.0 units)
  2. United Kingdom (76.0 units)
  3. Denmark (23.0 units)

Exports of Animal Products; Bovine Semen in Tanzania

In 2022, approx. 12 units of animal products; bovine semens were exported from Tanzania; waning by -33.3% against the previous year's figure. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 100%. Over the period under review, the exports reached the maximum at 20 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, animal products; bovine semen exports reduced remarkably to $7.2K in 2022. Overall, exports saw a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 397%. As a result, the exports reached the peak of $12K, and then contracted significantly in the following year.

Export of Animal Products; Bovine Semen in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.40.94.62.5-22.6%
Hungary1.80.42.61.80.0%
Canada1.70.32.11.4-6.3%
South Africa2.70.52.51.4-19.7%
Spain0.40.10.30.1-37.0%
KenyaN/A0.3N/AN/A0%
OthersN/AN/AN/AN/A0%
Total11.92.411.97.2-15.4%

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

  1. Hungary (8.0 units)
  2. United States (1.0 units)
  3. Spain (1.0 units)
  4. Canada (1.0 units)
  5. South Africa (1.0 units)

Source: IndexBox Market Intelligence Platform

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