Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Luxembourg - 2023
Contents:
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Luxembourg (FOB) - 2023
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Luxembourg (CIF) - 2023
- Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Luxembourg
- Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Luxembourg
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Luxembourg (FOB) - 2023
In October 2023, the average export price for bovine animals; live, other than pure-bred breeding animalses amounted to $1,401 per unit, surging by 12% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 162% month-to-month. The export price peaked at $1,723 per unit in January 2023; afterwards, it flattened through to October 2023.
Average prices varied noticeably for the major export markets. In October 2023, the highest price was recorded for prices to the Netherlands ($1,588 per unit) and Italy ($1,435 per unit), while the average price for exports to Belgium ($1,328 per unit) and Germany ($1,405 per unit) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.4%), 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 Luxembourg (CIF) - 2023
The average import price for bovine animals; live, other than pure-bred breeding animalses stood at $1,114 per unit in October 2023, which is down by -7.9% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 207% against the previous month. As a result, import price reached the peak level of $2,407 per unit; afterwards, it flattened through to October 2023.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was the Netherlands ($1,150 per unit), while the price for Germany stood at $1,103 per unit.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+22.6%), 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 Luxembourg
In 2022, exports of bovine animals; live, other than pure-bred breeding animalses from Luxembourg skyrocketed to 4.6K units, growing by 45% on the previous year's figure. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.3% 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 +74.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 59%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of bovine animals; live, other than pure-bred breeding animalses surged to $3.4M in 2022. The total export value increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 659 | 826 | 1,094 | 1,570 | 33.6% |
| Netherlands | 1,438 | 1,547 | 913 | 1,011 | -11.1% |
| Belgium | 382 | 887 | 563 | 769 | 26.3% |
| Others | 80.9 | 33.2 | N/A | N/A | -59.0% |
| Total | 2,560 | 3,292 | 2,570 | 3,350 | 9.4% |
Top Export Markets for Bovine Animals; Live, Other than Pure-Bred Breeding Animals from Luxembourg in 2022:
- Netherlands (2.4K units)
- Germany (1.4K units)
- Belgium (0.8K units)
Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Luxembourg
In 2022, the amount of bovine animals; live, other than pure-bred breeding animalses imported into Luxembourg skyrocketed to 2K units, picking up by 108% against the year before. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 694%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of bovine animals; live, other than pure-bred breeding animalses skyrocketed to $1.6M in 2022. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 47.7 | 276 | 774 | 302.8% |
| Germany | 25.6 | 111 | 260 | 417 | 153.5% |
| Belgium | 25.7 | 249 | 203 | 239 | 110.3% |
| Italy | N/A | N/A | N/A | 107 | 0% |
| Netherlands | N/A | N/A | 34.6 | 13.1 | -62.1% |
| Others | 200 | N/A | N/A | N/A | 0% |
| Total | 251 | 408 | 775 | 1,550 | 83.5% |
Top Suppliers of Bovine Animals; Live, Other than Pure-Bred Breeding Animals to Luxembourg in 2022:
- France (957.0 units)
- Germany (533.0 units)
- Belgium (317.0 units)
- Italy (141.0 units)
- Netherlands (42.0 units)
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