Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Slovakia - 2023
Contents:
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Slovakia (FOB) - 2023
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Slovakia (CIF) - 2023
- Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Slovakia
- Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Slovakia
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Slovakia (FOB) - 2023
In September 2023, the average export price for cattle; live, other than pure-bred breeding animalses amounted to $896 per unit, picking up by 10% against the previous month. Over the period from October 2022 to September 2023, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in November 2022 an increase of 11% against the previous month. The export price peaked at $1,022 per unit in April 2023; however, from May 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Turkey ($1,758 per unit), while the average price for exports to Italy ($409 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 Turkey (+3.7%), 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 Slovakia (CIF) - 2023
In September 2023, the average import price for cattle; live, other than pure-bred breeding animalses amounted to $861 per unit, dropping by -11.8% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 64% month-to-month. The import price peaked at $1,310 per unit in January 2023; however, from February 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($1,407 per unit), while the price for Italy stood at $582 per unit.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Slovakia
In 2022, approx. 70K units of cattle; live, other than pure-bred breeding animalses were exported from Slovakia; with a decrease of -14.9% against the previous year's figure. In general, exports recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, the exports reached the peak of 82K units, and then fell in the following year.
In value terms, exports of cattle; live, other than pure-bred breeding animalses dropped slightly to $59M in 2022. The total export value increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. As a result, the exports attained the peak of $61M, and then dropped in the following year.
| Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 12.0 | 13.4 | 20.0 | 29.3 | 34.7% |
| Hungary | 5.0 | 6.1 | 7.8 | 8.9 | 21.2% |
| Croatia | 7.6 | 7.7 | 11.8 | 7.5 | -0.4% |
| Austria | 7.5 | 3.8 | 3.9 | 3.7 | -21.0% |
| Turkey | 9.7 | 2.0 | 2.3 | 2.6 | -35.5% |
| Italy | 1.1 | 1.2 | 2.1 | 1.4 | 8.4% |
| Czech Republic | 2.4 | 6.7 | 7.7 | 1.4 | -16.4% |
| Spain | 0.5 | 1.3 | 1.0 | 0.8 | 17.0% |
| Netherlands | 1.2 | 0.5 | 0.3 | N/A | -50.0% |
| Others | 3.5 | 3.6 | 4.1 | 2.9 | -6.1% |
| Total | 50.5 | 46.4 | 61.1 | 58.7 | 5.1% |
Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Slovakia in 2022:
- Poland (32.2K units)
- Hungary (12.6K units)
- Croatia (9.5K units)
- Spain (5.0K units)
- Austria (3.0K units)
- Turkey (2.3K units)
- Italy (1.7K units)
- Czech Republic (1.1K units)
Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Slovakia
In 2022, supplies from abroad of cattle; live, other than pure-bred breeding animalses decreased by -7.4% to 17K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 75%. Imports peaked at 18K units in 2021, and then dropped in the following year.
In value terms, imports of cattle; live, other than pure-bred breeding animalses soared to $14M in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 80% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 0.4 | 6.5 | 6.0 | 6.7 | 155.9% |
| Czech Republic | 0.2 | 0.9 | 1.5 | 6.2 | 214.1% |
| Latvia | 0.5 | 0.1 | N/A | 0.6 | 6.3% |
| Ireland | N/A | N/A | N/A | 0.2 | 0% |
| Bulgaria | N/A | 0.7 | 0.2 | N/A | -71.4% |
| Italy | 0.1 | 0.4 | 2.7 | N/A | 419.6% |
| Others | 3.8 | 0.4 | 0.7 | 0.4 | -52.8% |
| Total | 5.0 | 8.9 | 11.0 | 14.1 | 41.3% |
Top Suppliers of Cattle; Live, Other than Pure-Bred Breeding Animals to Slovakia in 2022:
- Czech Republic (8.0K units)
- Hungary (7.3K units)
- Latvia (0.7K units)
- Ireland (0.3K units)
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