Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Portugal - 2023
Contents:
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Portugal (CIF) - 2023
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Portugal (FOB) - 2023
- Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Portugal
- Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Portugal
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Portugal (CIF) - 2023
In November 2023, the average import price for bovine animals; live, other than pure-bred breeding animalses amounted to $1,918 per unit, reducing by -8.5% against the previous month. In general, the import price recorded a mild shrinkage. The growth pace was the most rapid in April 2023 an increase of 70% against the previous month. As a result, import price reached the peak level of $2,737 per unit; afterwards, it flattened through to November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($1,988 per unit), while the price for France stood at $482 per unit.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (0.0%).
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Portugal (FOB) - 2023
In November 2023, the average export price for bovine animals; live, other than pure-bred breeding animalses amounted to $1,330 per unit, with an increase of 26% against the previous month. In general, export price indicated mild growth from November 2022 to November 2023: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for bovine animals; live, other than pure-bred breeding animalses increased by +35.9% against September 2023 indices. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 79% m-o-m. As a result, the export price attained the peak level of $1,703 per unit; afterwards, it flattened through to November 2023.
As there is only one major export destination, the average price level is determined by prices for Spain.
From November 2022 to November 2023, the rate of growth in terms of prices for Spain amounted to +1.3% per month.
Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Portugal
Imports of bovine animals; live, other than pure-bred breeding animalses into Portugal surged to 3.9K units in 2022, growing by 49% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a mild curtailment. Imports peaked at 4.1K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of bovine animals; live, other than pure-bred breeding animalses surged to $4.2M in 2022. Overall, total imports indicated a buoyant expansion from 2020 to 2022: its value increased at an average annual rate of +12.9% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Spain | 3.3 | 2.6 | 4.2 | 12.8% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 3.3 | 2.6 | 4.2 | 12.8% | |
Top Suppliers of Bovine Animals; Live, Other than Pure-Bred Breeding Animals to Portugal in 2022:
- Spain (3.9K units)
Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Portugal
In 2022, exports of bovine animals; live, other than pure-bred breeding animalses from Portugal reduced dramatically to 1.8K units, waning by -40.8% against the previous year. Overall, exports recorded a significant contraction. The smallest decline of -33.1% was in 2021. Over the period under review, the exports of hit record highs at 8.3K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of bovine animals; live, other than pure-bred breeding animalses fell notably to $1.7M in 2022. In general, exports faced a dramatic shrinkage. The smallest decline of -29.3% was in 2021. The exports peaked at $6.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.8 | 3.5 | 2.5 | 1.7 | -33.6% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 6.2 | 3.5 | 2.5 | 1.7 | -35.0% |
Top Export Markets for Bovine Animals; Live, Other than Pure-Bred Breeding Animals from Portugal in 2022:
- Spain (1.8K units)
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