Price for Cattle; Live, Pure-Bred Breeding Animals in Belgium - 2023

Contents:

  1. Price for Cattle; Live, Pure-Bred Breeding Animals in Belgium (CIF) - 2023
  2. Price for Cattle; Live, Pure-Bred Breeding Animals in Belgium (FOB) - 2023
  3. Imports of Cattle; Live, Pure-Bred Breeding Animals in Belgium
  4. Exports of Cattle; Live, Pure-Bred Breeding Animals in Belgium

Price for Cattle; Live, Pure-Bred Breeding Animals in Belgium (CIF) - 2023

The average import price for cattle; live, pure-bred breeding animalses stood at $1,710 per unit in June 2023, declining by -10.7% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 27% m-o-m. Over the period under review, average import prices reached the peak figure at $1,914 per unit in May 2023, and then declined in the following month.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was France ($2,226 per unit), while the price for the Netherlands amounted to $1,698 per unit.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.4%).

Price for Cattle; Live, Pure-Bred Breeding Animals in Belgium (FOB) - 2023

In July 2023, the average export price for cattle; live, pure-bred breeding animalses amounted to $1,627 per unit, growing by 8.5% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 49% m-o-m. Over the period under review, the average export prices reached the peak figure at $2,307 per unit in May 2023; afterwards, it flattened through to July 2023.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was France ($3,756 per unit), while the average price for exports to the Netherlands ($1,442 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cattle; Live, Pure-Bred Breeding Animals in Belgium

In 2022, after three years of growth, there was significant decline in overseas purchases of cattle; live, pure-bred breeding animalses, when their volume decreased by -36.7% to 9.5K units. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of 15K units, and then declined rapidly in the following year.

In value terms, cattle; live, pure-bred breeding animals imports reduced remarkably to $16M in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 15%. As a result, imports attained the peak of $19M, and then declined sharply in the following year.

Import of Cattle; Live, Pure-Bred Breeding Animals in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands15.916.218.815.6-0.6%
FranceN/A0.2N/A0.322.5%
Germany0.50.10.20.1-41.5%
Others0.10.20.10.10.0%
Total16.416.719.216.1-0.6%

Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to Belgium in 2022:

  1. Netherlands (9.2K units)
  2. France (0.2K units)
  3. Germany (0.1K units)

Exports of Cattle; Live, Pure-Bred Breeding Animals in Belgium

In 2022, after three years of growth, there was significant decline in shipments abroad of cattle; live, pure-bred breeding animalses, when their volume decreased by -30.5% to 10K units. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 203% against the previous year. As a result, the exports reached the peak of 15K units, and then shrank dramatically in the following year.

In value terms, cattle; live, pure-bred breeding animals exports contracted to $14M in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 186%. As a result, the exports attained the peak of $17M, and then contracted in the following year.

Export of Cattle; Live, Pure-Bred Breeding Animals in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3.52.37.87.227.2%
France2.13.36.94.327.0%
United KingdomN/AN/A1.82.961.1%
Libya0.1N/AN/AN/A0%
Others0.10.20.10.10.0%
Total5.85.816.614.535.7%

Top Export Markets for Cattle; Live, Pure-Bred Breeding Animals from Belgium in 2022:

  1. Netherlands (6.9K units)
  2. United Kingdom (1.7K units)
  3. France (1.3K units)

Source: IndexBox Market Intelligence Platform

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