Price for Buffalo; Live, Pure-Bred Breeding Animals in India - 2023
Contents:
- Price for Buffalo; Live, Pure-Bred Breeding Animals in India (FOB) - 2023
- Exports of Buffalo; Live, Pure-Bred Breeding Animals in India
Price for Buffalo; Live, Pure-Bred Breeding Animals in India (FOB) - 2023
In November 2023, the average export price for buffalo; live, pure-bred breeding animalses amounted to $483 per unit, with an increase of 8.8% against the previous month. Overall, the export price, however, showed a abrupt decrease. Over the period under review, the average export prices reached the peak figure at $941 per unit in February 2023; however, from March 2023 to November 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Nepal ($800 per unit), while the average price for exports to Bangladesh totaled $466 per unit.
From February 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nepal (0.0%).
Exports of Buffalo; Live, Pure-Bred Breeding Animals in India
For the third consecutive year, India recorded decline in shipments abroad of buffalo; live, pure-bred breeding animalses, which decreased by -1.5% to 64 units in 2022. Overall, exports continue to indicate a deep reduction. The exports peaked at 97 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, buffalo; live, pure-bred breeding animals exports expanded rapidly to $68K in 2022. The total export value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 5.2% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Buffalo; Live, Pure-Bred Breeding Animals in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nepal | 58.2 | 61.1 | 64.3 | 67.6 | 5.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 58.2 | 61.1 | 64.3 | 67.6 | 5.1% |
Top Export Markets for Buffalo; Live, Pure-Bred Breeding Animals from India in 2022:
- Nepal (64.0 units)
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