Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Serbia - 2024

Contents:

  1. Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Serbia (FOB) - 2022
  2. Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Serbia

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

In 2022, the average export price for bovine animals; live, other than pure-bred breeding animalses amounted to $1,442 per unit, rising by 26% against the previous year. Overall, the export price continues to indicate a strong expansion. The growth pace was the most rapid in 2014 when the average export price increased by 43%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($1,452 per unit), while the average price for exports to Bosnia and Herzegovina amounted to $1,118 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas shipments of bovine animals; live, other than pure-bred breeding animalses decreased by -39.4% to 2K units, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 when exports increased by 282% against the previous year. As a result, the exports reached the peak of 5.6K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of bovine animals; live, other than pure-bred breeding animalses reduced markedly to $2.9M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 316% against the previous year. As a result, the exports attained the peak of $6.6M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro1.52.73.72.823.1%
LebanonN/A3.7N/AN/A0%
Others0.10.20.1N/A0.0%
Total1.66.63.82.921.9%

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

  1. Montenegro (1953.0 units)

Source: IndexBox Market Intelligence Platform

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