Price for Buffalo; Live, Pure-Bred Breeding Animals in the United States - 2023
Contents:
- Price for Buffalo; Live, Pure-Bred Breeding Animals in the United States (FOB) - 2022
- Price for Buffalo; Live, Pure-Bred Breeding Animals in the United States (CIF) - 2022
- Exports of Buffalo; Live, Pure-Bred Breeding Animals in the United States
- Imports of Buffalo; Live, Pure-Bred Breeding Animals in the United States
Price for Buffalo; Live, Pure-Bred Breeding Animals in the United States (FOB) - 2022
In 2022, the average export price for buffalo; live, pure-bred breeding animalses amounted to $1,252 per unit, waning by -7% against the previous year. In general, the export price recorded a pronounced setback. The growth pace was the most rapid in 2019 an increase of 62% against the previous year. As a result, the export price reached the peak level of $2,356 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($2,804 per unit), while the average price for exports to Mexico totaled $1,156 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+44.4%), while the prices for the other major destinations experienced a decline.
Price for Buffalo; Live, Pure-Bred Breeding Animals in the United States (CIF) - 2022
The average import price for buffalo; live, pure-bred breeding animalses stood at $3,390 per unit in 2022, which is down by -18.3% against the previous year. Over the period under review, the import price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 38% against the previous year. As a result, import price reached the peak level of $4,150 per unit, and then contracted sharply in the following year.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +5.7% per year.
Exports of Buffalo; Live, Pure-Bred Breeding Animals in the United States
Buffalo; live, pure-bred breeding animals exports from the United States soared to 428 units in 2022, increasing by 99% compared with the previous year's figure. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 330%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, buffalo; live, pure-bred breeding animals exports soared to $536K in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 325% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Buffalo; Live, Pure-Bred Breeding Animals in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 5.0 | 37.4 | 161 | 466 | 353.4% |
| Brazil | N/A | 12.1 | N/A | 70.1 | 140.7% |
| Vietnam | N/A | N/A | 120 | N/A | 0% |
| Others | 35.0 | 18.7 | 8.0 | N/A | -52.2% |
| Total | 40.0 | 68.2 | 289 | 536 | 137.5% |
Top Export Markets for Buffalo; Live, Pure-Bred Breeding Animals from the United States in 2022:
- Mexico (403.0 units)
- Brazil (25.0 units)
Imports of Buffalo; Live, Pure-Bred Breeding Animals in the United States
For the third year in a row, the United States recorded growth in overseas purchases of buffalo; live, pure-bred breeding animalses, which increased by 525% to 25 units in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, buffalo; live, pure-bred breeding animals imports surged to $85K in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 453% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Buffalo; Live, Pure-Bred Breeding Animals in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Canada | 3.0 | 16.6 | 84.8 | 431.7% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 3.0 | 16.6 | 84.8 | 431.7% | |
Top Suppliers of Buffalo; Live, Pure-Bred Breeding Animals to the United States in 2022:
- Canada (25.0 units)
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