Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in the United States - 2024
Contents:
- Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in the United States (CIF) - 2024
- Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in the United States (FOB) - 2022
- Imports of Buffalo; Live, Other than Pure-Bred Breeding Animals in the United States
- Exports of Buffalo; Live, Other than Pure-Bred Breeding Animals in the United States
Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in the United States (CIF) - 2024
In September 2023, the average import price for buffalo; live, other than pure-bred breeding animalses amounted to $2,125 per unit, waning by -10.9% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 11% month-to-month. The import price peaked at $2,385 per unit in August 2023, and then shrank in the following month.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From March 2023 to September 2023, the rate of growth in terms of prices for Canada amounted to +0.2% per month.
Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in the United States (FOB) - 2022
In 2022, the average export price for buffalo; live, other than pure-bred breeding animalses amounted to $814 per unit, picking up by 18% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 37%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($821 per unit), while the average price for exports to Mexico stood at $811 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+37.0%), while the prices for the other major destinations experienced a decline.
Imports of Buffalo; Live, Other than Pure-Bred Breeding Animals in the United States
In 2022, the amount of buffalo; live, other than pure-bred breeding animalses imported into the United States totaled 33K units, picking up by 15% on 2021. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 20% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of buffalo; live, other than pure-bred breeding animalses totaled $71M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 12% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Buffalo; Live, Other than Pure-Bred Breeding Animals in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 53.6 | 59.8 | 65.2 | 70.6 | 9.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 53.6 | 59.8 | 65.2 | 70.6 | 9.6% |
Top Suppliers of Buffalo; Live, Other than Pure-Bred Breeding Animals to the United States in 2022:
- Canada (32.8K units)
Exports of Buffalo; Live, Other than Pure-Bred Breeding Animals in the United States
In 2022, shipments abroad of buffalo; live, other than pure-bred breeding animalses decreased by -53.4% to 838 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 138% against the previous year. The exports peaked at 1.8K units in 2021, and then declined dramatically in the following year.
In value terms, exports of buffalo; live, other than pure-bred breeding animalses dropped significantly to $682K in 2022. Overall, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 132% against the previous year. Over the period under review, the exports of hit record highs at $1.2M in 2021, and then dropped dramatically in the following year.
| Export of Buffalo; Live, Other than Pure-Bred Breeding Animals in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 386 | 760 | 1,120 | 606 | 16.2% |
| Hong Kong SAR | N/A | N/A | N/A | 32.0 | 0% |
| Dominican Republic | N/A | N/A | 39.5 | N/A | 0% |
| Singapore | N/A | N/A | 38.2 | N/A | 0% |
| Taiwan (Chinese) | 80.7 | 280 | N/A | N/A | 247.0% |
| Others | 31.4 | 114 | 47.1 | 44.7 | 12.5% |
| Total | 498 | 1,154 | 1,245 | 682 | 11.0% |
Top Export Markets for Buffalo; Live, Other than Pure-Bred Breeding Animals from the United States in 2022:
- Mexico (747.0 units)
- Hong Kong SAR (39.0 units)
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