Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Canada - 2023

Contents:

  1. Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Canada (FOB) - 2022
  2. Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Canada (CIF) - 2023
  3. Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Canada
  4. Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Canada

Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Canada (FOB) - 2022

In 2022, the average export price for bovine animals; live, other than pure-bred breeding animalses amounted to $395 per unit, falling by -40.5% against the previous year. Overall, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of 9.9%. The export price peaked at $2,860 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -15.5% per year.

Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Canada (CIF) - 2023

The average import price for bovine animals; live, other than pure-bred breeding animalses stood at $2,568 per unit in November 2023, leveling off at the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 1,273% m-o-m. As a result, import price attained the peak level of $7,916 per unit; afterwards, it flattened through to November 2023.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From November 2022 to November 2023, the rate of growth in terms of prices for the United States amounted to -0.1% per month.

Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Canada

In 2022, the amount of bovine animals; live, other than pure-bred breeding animalses exported from Canada contracted notably to 421 units, declining by -61.3% against the year before. Overall, exports continue to indicate a dramatic decrease. The smallest decline of -2.2% was in 2020. Over the period under review, the exports of reached the peak figure at 1.7K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of bovine animals; live, other than pure-bred breeding animalses declined remarkably to $167K in 2022. In general, exports faced a sharp descent. The smallest decline of -6.1% was in 2020. Over the period under review, the exports of attained the peak figure at $1.7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.71.60.70.2-51.0%
OthersN/AN/AN/AN/A0%
Total1.71.60.70.2-51.0%

Top Export Markets for Bovine Animals; Live, Other than Pure-Bred Breeding Animals from Canada in 2022:

  1. United States (421.0 units)

Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Canada

In 2022, the amount of bovine animals; live, other than pure-bred breeding animalses imported into Canada contracted significantly to 18 units, shrinking by -47.1% compared with 2021 figures. Overall, imports recorded a precipitous decrease. The smallest decline of -46.9% was in 2020. Imports peaked at 160 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of bovine animals; live, other than pure-bred breeding animalses reduced to $129K in 2022. Over the period under review, imports saw a dramatic slump. Imports peaked at $651K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States647325145129-41.6%
Others4.0N/AN/AN/A0%
Total651325145129-41.7%

Top Suppliers of Bovine Animals; Live, Other than Pure-Bred Breeding Animals to Canada in 2022:

  1. United States (18.0 units)

Source: IndexBox Market Intelligence Platform

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