Price for Cattle; Live, Pure-Bred Breeding Animals in China - 2023
Contents:
- Price for Cattle; Live, Pure-Bred Breeding Animals in China (CIF) - 2022
- Imports of Cattle; Live, Pure-Bred Breeding Animals in China
Price for Cattle; Live, Pure-Bred Breeding Animals in China (CIF) - 2022
In 2022, the average import price for cattle; live, pure-bred breeding animalses amounted to $2,581 per unit, surging by 45% against the previous year. In general, the import price, however, continues to indicate a mild decline. The import price peaked at $2,936 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($2,963 per unit), while the price for Uruguay ($1,924 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+0.2%), while the prices for the other major suppliers experienced a decline.
Imports of Cattle; Live, Pure-Bred Breeding Animals in China
In 2022, the amount of cattle; live, pure-bred breeding animalses imported into China expanded markedly to 119K units, growing by 8.1% on the previous year's figure. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.1% 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 increased by +73.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 61% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, cattle; live, pure-bred breeding animals imports skyrocketed to $308M in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 62%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Cattle; Live, Pure-Bred Breeding Animals in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 76.1 | 80.7 | 75.5 | 147 | 24.5% |
| New Zealand | 39.9 | 86.1 | 75.7 | 103 | 37.2% |
| Chile | N/A | 1.7 | 10.8 | 32.5 | 337.2% |
| Uruguay | N/A | 19.2 | 35.0 | 25.7 | 15.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 116 | 188 | 197 | 308 | 38.5% |
Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to China in 2022:
- Australia (49.5K units)
- New Zealand (41.6K units)
- Chile (14.9K units)
- Uruguay (13.4K units)
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