Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in Thailand - 2024
Contents:
- Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in Thailand (CIF) - 2023
- Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in Thailand (FOB) - 2022
- Imports of Buffalo; Live, Other than Pure-Bred Breeding Animals in Thailand
- Exports of Buffalo; Live, Other than Pure-Bred Breeding Animals in Thailand
Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in Thailand (CIF) - 2023
In March 2023, the average import price for buffalo; live, other than pure-bred breeding animalses amounted to $565 per unit, with a decrease of -20.5% against the previous month. Overall, import price indicated moderate growth from March 2022 to March 2023: its price increased at an average monthly rate of +2.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, import price for buffalo; live, other than pure-bred breeding animalses decreased by -20.5% against February 2023 indices. The most prominent rate of growth was recorded in July 2022 an increase of 42% m-o-m. Over the period under review, average import prices attained the peak figure at $711 per unit in February 2023, and then contracted remarkably in the following month.
As there is only one major supplying country, the average price level is determined by prices for Myanmar.
From March 2022 to March 2023, the rate of growth in terms of prices for Myanmar amounted to +2.7% per month.
Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in Thailand (FOB) - 2022
The average export price for buffalo; live, other than pure-bred breeding animalses stood at $658 per unit in 2022, waning by -30.1% against the previous year. Over the period under review, the export price, however, showed a significant increase. The most prominent rate of growth was recorded in 2013 an increase of 841%. Over the period under review, the average export prices reached the peak figure at $942 per unit in 2021, and then fell notably in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($742 per unit), while the average price for exports to Malaysia amounted to $618 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1,013.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Buffalo; Live, Other than Pure-Bred Breeding Animals in Thailand
In 2022, approx. 23K units of buffalo; live, other than pure-bred breeding animalses were imported into Thailand; remaining relatively unchanged against 2021. Over the period under review, imports saw a relatively flat trend pattern. The smallest decline of -47.4% was in 2020. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of buffalo; live, other than pure-bred breeding animalses totaled $12M in 2022. Overall, imports enjoyed a buoyant increase. The smallest decline of -47.5% was in 2020. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Buffalo; Live, Other than Pure-Bred Breeding Animals in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 10.0 | 5.3 | N/A | 12.2 | 6.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.0 | 5.3 | N/A | 12.2 | 6.9% |
Top Suppliers of Buffalo; Live, Other than Pure-Bred Breeding Animals to Thailand in 2022:
- Myanmar (23.3K units)
Exports of Buffalo; Live, Other than Pure-Bred Breeding Animals in Thailand
For the third consecutive year, Thailand recorded decline in shipments abroad of buffalo; live, other than pure-bred breeding animalses, which decreased by -72.7% to 174 units in 2022. In general, exports saw a sharp downturn. The smallest decline of -9.9% was in 2020. The exports peaked at 22K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of buffalo; live, other than pure-bred breeding animalses declined dramatically to $115K in 2022. Overall, exports recorded a dramatic descent. The smallest decline of -24.3% was in 2020. The exports peaked at $19M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Buffalo; Live, Other than Pure-Bred Breeding Animals in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | N/A | 0.1 | 0% |
| Vietnam | N/A | 0.6 | 0.1 | N/A | -83.3% |
| Myanmar | N/A | 7.3 | 0.4 | N/A | -94.5% |
| Lao People's Democratic Republic | 18.8 | 6.4 | N/A | N/A | -66.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 18.8 | 14.3 | 0.6 | 0.1 | -82.5% |
Top Export Markets for Buffalo; Live, Other than Pure-Bred Breeding Animals from Thailand in 2022:
- Malaysia (117.0 units)
- Myanmar (57.0 units)
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