Price for Cattle; Live, Other than Pure-Bred Breeding Animals in China - 2023
Contents:
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in China (CIF) - 2023
- Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in China
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in China (CIF) - 2023
The average import price for cattle; live, other than pure-bred breeding animalses stood at $1,248 per unit in December 2023, with a decrease of -23.8% against the previous month. Over the period under review, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 48% against the previous month. As a result, import price attained the peak level of $2,918 per unit; afterwards, it flattened through to December 2023.
As there is only one major supplying country, the average price level is determined by prices for Lao People's Democratic Republic.
From December 2022 to December 2023, the rate of growth in terms of prices for New Zealand amounted to +9.0% per month.
Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in China
In 2022, the amount of cattle; live, other than pure-bred breeding animalses imported into China contracted significantly to 230K units, waning by -19.9% compared with 2021 figures. Over the period under review, imports showed a pronounced reduction. The pace of growth was the most pronounced in 2021 when imports increased by 65%. As a result, imports reached the peak of 288K units, and then shrank sharply in the following year.
In value terms, imports of cattle; live, other than pure-bred breeding animalses reduced rapidly to $496M in 2022. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 101%. As a result, imports reached the peak of $601M, and then shrank sharply in the following year.
| Import of Cattle; Live, Other than Pure-Bred Breeding Animals in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 192 | 183 | 228 | 221 | 4.8% |
| New Zealand | 18.2 | 94.6 | 184 | 196 | 120.8% |
| Uruguay | 8.6 | 1.5 | 140 | 67.3 | 98.5% |
| Chile | N/A | 20.3 | 46.5 | 11.2 | -25.7% |
| Others | N/A | N/A | 3.8 | N/A | 0% |
| Total | 219 | 299 | 601 | 496 | 31.3% |
Top Suppliers of Cattle; Live, Other than Pure-Bred Breeding Animals to China in 2022:
- Australia (102.8K units)
- New Zealand (91.1K units)
- Uruguay (31.2K units)
- Chile (5.2K units)
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