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

Contents:

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

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

The average import price for bovine animals; live, other than pure-bred breeding animalses stood at $2,024 per unit in October 2023, surging by 7.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.3%. The most prominent rate of growth was recorded in January 2023 an increase of 28% m-o-m. Over the period under review, average import prices hit record highs at $2,147 per unit in April 2023; afterwards, it flattened through to October 2023.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was France ($2,057 per unit), while the price for Ireland amounted to $1,521 per unit.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+3.1%).

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

In 2022, the average export price for bovine animals; live, other than pure-bred breeding animalses amounted to $640 per unit, with a decrease of -24.3% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 150% against the previous year. The export price peaked at $1,974 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($695 per unit), while the average price for exports to France stood at $625 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-10.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of bovine animals; live, other than pure-bred breeding animalses decreased by -14.9% to 43K units, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 74%. As a result, imports attained the peak of 50K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of bovine animals; live, other than pure-bred breeding animalses dropped to $45M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. Imports peaked at $51M in 2021, and then reduced in the following year.

Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France35.245.545.543.06.9%
IrelandN/AN/AN/A1.40%
Spain2.01.42.1N/A2.5%
OthersN/A0.63.10.4-18.4%
Total37.247.550.744.86.4%

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

  1. France (40.6K units)
  2. Ireland (1.8K units)

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

In 2022, exports of bovine animals; live, other than pure-bred breeding animalses from Italy surged to 157 units, jumping by 104% against the year before. In general, exports enjoyed a significant increase. As a result, the exports reached 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 soared to $100K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/AN/A77.50%
Switzerland3.4N/A15.522.988.9%
KosovoN/AN/A49.6N/A0%
OthersN/AN/AN/AN/A0%
Total3.4N/A65.1100208.7%

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

  1. France (124.0 units)
  2. Switzerland (33.0 units)

Source: IndexBox Market Intelligence Platform

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