Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Estonia - 2023
Contents:
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Estonia (FOB) - 2023
- Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Estonia
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Estonia (FOB) - 2023
In November 2023, the average export price for cattle; live, other than pure-bred breeding animalses amounted to $748 per unit, picking up by 24% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in September 2023 when the average export price increased by 45% against the previous month. The export price peaked at $748 per unit in April 2023; however, from May 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Uzbekistan ($1,462 per unit), while the average price for exports to the Netherlands ($184 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Estonia
Exports of cattle; live, other than pure-bred breeding animalses from Estonia stood at 54K units in 2022, stabilizing at the previous year's figure. The total export volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 7.8% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of cattle; live, other than pure-bred breeding animalses surged to $28M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 33%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 5.0 | 5.4 | 9.0 | 14.3 | 41.9% |
| Lithuania | 3.1 | 4.1 | 4.4 | 5.1 | 18.1% |
| Netherlands | 3.3 | 2.5 | 3.9 | 3.5 | 2.0% |
| Latvia | 2.4 | 2.2 | 3.4 | 2.7 | 4.0% |
| Turkey | 4.1 | 1.4 | 0.7 | 1.6 | -26.9% |
| Belgium | 0.6 | N/A | N/A | N/A | 0% |
| Others | 0.8 | 1.7 | 1.8 | 1.3 | 17.6% |
| Total | 19.2 | 17.4 | 23.2 | 28.5 | 14.1% |
Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Estonia in 2022:
- Netherlands (26.8K units)
- Poland (15.0K units)
- Lithuania (7.3K units)
- Latvia (2.4K units)
- Turkey (1.3K units)
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