Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Belgium - 2023
Contents:
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Belgium (FOB) - 2023
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Belgium (CIF) - 2023
- Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Belgium
- Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Belgium
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Belgium (FOB) - 2023
In October 2023, the average export price for bovine animals; live, other than pure-bred breeding animalses amounted to $874 per unit, dropping by -5.2% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 42% m-o-m. The export price peaked at $963 per unit in April 2023; however, from May 2023 to October 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was France ($2,071 per unit), while the average price for exports to Croatia ($630 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Belgium (CIF) - 2023
In October 2023, the average import price for bovine animals; live, other than pure-bred breeding animalses amounted to $965 per unit, with an increase of 114% against the previous month. In general, import price indicated perceptible growth from October 2022 to October 2023: its price increased at an average monthly rate of +3.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for bovine animals; live, other than pure-bred breeding animalses increased by +113.5% against September 2023 indices. Over the period under review, average import prices hit record highs at $1,059 per unit in April 2023; however, from May 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($1,696 per unit), while the price for the Netherlands ($675 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Belgium
In 2022, the amount of bovine animals; live, other than pure-bred breeding animalses exported from Belgium skyrocketed to 57K units, picking up by 21% against the previous year. The total export volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of bovine animals; live, other than pure-bred breeding animalses surged to $56M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 36%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 22.8 | 35.5 | 41.5 | 52.2 | 31.8% |
| Italy | 0.1 | 0.2 | N/A | 1.7 | 157.1% |
| France | 9.1 | 8.5 | 2.8 | 1.0 | -52.1% |
| Others | 0.9 | 0.7 | 0.7 | 1.3 | 13.0% |
| Total | 32.9 | 44.8 | 45.0 | 56.1 | 19.5% |
Top Export Markets for Bovine Animals; Live, Other than Pure-Bred Breeding Animals from Belgium in 2022:
- Netherlands (53.4K units)
- Italy (0.9K units)
- France (0.5K units)
Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Belgium
In 2022, supplies from abroad of bovine animals; live, other than pure-bred breeding animalses increased by 24% to 21K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a sharp downturn. Imports peaked at 43K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of bovine animals; live, other than pure-bred breeding animalses surged to $24M in 2022. Over the period under review, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 7.6 | 8.8 | 6.1 | 9.8 | 8.8% |
| Luxembourg | 6.4 | 8.6 | 6.1 | 9.1 | 12.4% |
| France | 3.5 | 3.2 | 2.3 | 4.5 | 8.7% |
| Denmark | 1.0 | 0.2 | 0.2 | 0.1 | -53.6% |
| Germany | 1.5 | 0.1 | 0.2 | N/A | -63.5% |
| Estonia | 0.8 | N/A | N/A | N/A | 0% |
| Czech Republic | 0.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.3 | 0.5 | 66.7% |
| Total | 21.6 | 20.8 | 15.2 | 24.0 | 3.6% |
Top Suppliers of Bovine Animals; Live, Other than Pure-Bred Breeding Animals to Belgium in 2022:
- Luxembourg (8.5K units)
- Netherlands (7.7K units)
- France (4.1K units)
- Denmark (0.2K units)
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