Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Luxembourg - 2023
Contents:
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Luxembourg (FOB) - 2023
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Luxembourg (CIF) - 2023
- Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Luxembourg
- Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Luxembourg
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Luxembourg (FOB) - 2023
In September 2023, the average export price for cattle; live, other than pure-bred breeding animalses amounted to $721 per unit, increasing by 10% against the previous month. Over the period under review, export price indicated a mild expansion from October 2022 to September 2023: its price increased at an average monthly rate of +1.9% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, export price for cattle; live, other than pure-bred breeding animalses increased by +10.2% against August 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 63% month-to-month. As a result, the export price reached the peak level of $1,230 per unit. From May 2023 to September 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($1,342 per unit), while the average price for exports to the Netherlands ($216 per unit) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Luxembourg (CIF) - 2023
The average import price for cattle; live, other than pure-bred breeding animalses stood at $1,929 per unit in September 2023, shrinking by -4.7% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 1,084% against the previous month. As a result, import price attained the peak level of $5,472 per unit; afterwards, it flattened through to September 2023.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was France ($2,231 per unit), while the price for Germany stood at $1,914 per unit.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.5%).
Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Luxembourg
In 2022, approx. 37K units of cattle; live, other than pure-bred breeding animalses were exported from Luxembourg; growing by 5.8% against the year before. The total export volume increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 8.1% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of cattle; live, other than pure-bred breeding animalses skyrocketed to $25M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 9.8 | 12.1 | 13.4 | 15.8 | 17.3% |
| Germany | 3.4 | 2.4 | 4.7 | 5.8 | 19.5% |
| Netherlands | 2.7 | 2.2 | 2.5 | 3.1 | 4.7% |
| Others | 0.5 | 0.2 | 0.1 | 0.3 | -15.7% |
| Total | 16.3 | 17.0 | 20.8 | 25.0 | 15.3% |
Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Luxembourg in 2022:
- Netherlands (20.1K units)
- Belgium (12.1K units)
- Germany (4.3K units)
Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Luxembourg
In 2022, approx. 2.1K units of cattle; live, other than pure-bred breeding animalses were imported into Luxembourg; increasing by 48% on 2021 figures. Overall, total imports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.0% against 2020 indices. Imports peaked at 2.5K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of cattle; live, other than pure-bred breeding animalses skyrocketed to $3.6M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,684 | 2,027 | 1,588 | 1,683 | -0.0% |
| France | 259 | 347 | 429 | 1,403 | 75.6% |
| Italy | N/A | N/A | N/A | 320 | 0% |
| Belgium | 528 | 374 | 303 | 147 | -34.7% |
| Others | 32.8 | N/A | N/A | N/A | 0% |
| Total | 2,504 | 2,748 | 2,320 | 3,552 | 12.4% |
Top Suppliers of Cattle; Live, Other than Pure-Bred Breeding Animals to Luxembourg in 2022:
- Germany (1158.0 units)
- France (688.0 units)
- Italy (200.0 units)
- Belgium (98.0 units)
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