Price for Animal Products; Bovine Semen in Uruguay - 2022

Contents:

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

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

In 2022, the average animal products; bovine semen import price amounted to $399 per unit, surging by 15% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($968 per unit), while the price for the United States ($336 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average animal products; bovine semen export price amounted to $2,118 per unit, shrinking by -36.1% against the previous year. In general, the export price, however, posted a buoyant increase. The growth pace was the most rapid in 2021 when the average export price increased by 191%. As a result, the export price attained the peak level of $3,317 per unit, and then reduced sharply in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($6,064 per unit), while the average price for exports to Brazil ($258 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 Paraguay (+8.8%), while the prices for the other major destinations experienced a decline.

Imports of Animal Products; Bovine Semen in Uruguay

In 2022, approx. 8.4K units of animal products; bovine semens were imported into Uruguay; dropping by -8.5% against the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year. As a result, imports attained the peak of 9.2K units, and then dropped in the following year.

In value terms, animal products; bovine semen imports stood at $3.3M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 17%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Animal Products; Bovine Semen in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,2471,4591,6311,71211.1%
Canada672450639494-9.7%
Argentina2832453013679.1%
New Zealand25324230636513.0%
Netherlands15994.1108136-5.1%
United Kingdom17290.219.284.9-21.0%
Germany61.946.949.563.60.9%
Others10286.51201185.0%
Total2,9512,7133,1733,3404.2%

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

  1. United States (5.1K units)
  2. Canada (1.0K units)
  3. Argentina (1.0K units)
  4. New Zealand (0.4K units)
  5. Netherlands (0.3K units)
  6. United Kingdom (0.2K units)
  7. Germany (0.2K units)

Exports of Animal Products; Bovine Semen in Uruguay

Animal products; bovine semen exports from Uruguay soared to 129 units in 2022, jumping by 821% on the previous year's figure. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, animal products; bovine semen exports surged to $273K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Animal Products; Bovine Semen in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay30.377.443.321291.3%
Argentina28.726.32.051.721.7%
Brazil2.624.91.19.352.9%
OthersN/AN/AN/AN/A0%
Total61.612946.427364.3%

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

  1. Argentina (58.0 units)
  2. Brazil (36.0 units)
  3. Paraguay (35.0 units)

Source: IndexBox Market Intelligence Platform

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