Price for Buffalo; Live, Pure-Bred Breeding Animals in Thailand - 2023
Contents:
- Price for Buffalo; Live, Pure-Bred Breeding Animals in Thailand (FOB) - 2023
- Exports of Buffalo; Live, Pure-Bred Breeding Animals in Thailand
Price for Buffalo; Live, Pure-Bred Breeding Animals in Thailand (FOB) - 2023
The average export price for buffalo; live, pure-bred breeding animalses stood at $501 per unit in July 2023, stabilizing at the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 12% against the previous month. Over the period under review, the average export prices attained the maximum at $596 per unit in December 2022; however, from January 2023 to July 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Lao People's Democratic Republic.
From July 2022 to July 2023, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to +0.1% per month.
Exports of Buffalo; Live, Pure-Bred Breeding Animals in Thailand
In 2022, shipments abroad of buffalo; live, pure-bred breeding animalses decreased by -76.8% to 14K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a precipitous curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year. As a result, the exports reached the peak of 59K units, and then shrank dramatically in the following year.
In value terms, buffalo; live, pure-bred breeding animals exports reduced markedly to $7.9M in 2022. Overall, exports faced a sharp contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 47% against the previous year. The exports peaked at $37M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Buffalo; Live, Pure-Bred Breeding Animals in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 0.3 | 1.3 | 7.8 | 6.1 | 172.9% |
| Lao People's Democratic Republic | 36.5 | 20.8 | 24.7 | 1.8 | -63.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 36.8 | 22.1 | 32.5 | 7.9 | -40.1% |
Top Export Markets for Buffalo; Live, Pure-Bred Breeding Animals from Thailand in 2022:
- Vietnam (10.4K units)
- Lao People's Democratic Republic (3.2K units)
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