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

Contents:

  1. Price for Cattle; Live, Pure-Bred Breeding Animals in Denmark (FOB) - 2023
  2. Price for Cattle; Live, Pure-Bred Breeding Animals in Denmark (CIF) - 2022
  3. Exports of Cattle; Live, Pure-Bred Breeding Animals in Denmark
  4. Imports of Cattle; Live, Pure-Bred Breeding Animals in Denmark

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

The average export price for cattle; live, pure-bred breeding animalses stood at $1,953 per unit in July 2023, which is down by -11.5% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 25% m-o-m. The export price peaked at $2,234 per unit in May 2023; afterwards, it flattened through to July 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($3,078 per unit), while the average price for exports to the Netherlands ($1,517 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 Kazakhstan (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Cattle; Live, Pure-Bred Breeding Animals in Denmark (CIF) - 2022

In 2022, the average import price for cattle; live, pure-bred breeding animalses amounted to $7,022 per unit, growing by 228% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $10,034 per unit in 2015; however, from 2016 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 the Netherlands ($52,655 per unit), while the price for the Czech Republic ($1,051 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+67.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, shipments abroad of cattle; live, pure-bred breeding animalses decreased by -22.9% to 47K units, falling for the second consecutive year after two years of growth. Overall, exports recorded a pronounced slump. The pace of growth was the most pronounced in 2020 with an increase of 21%. As a result, the exports attained the peak of 62K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, cattle; live, pure-bred breeding animals exports dropped sharply to $63M in 2022. Over the period under review, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 2.2% against the previous year. The exports peaked at $92M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Cattle; Live, Pure-Bred Breeding Animals in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands13.013.310.714.02.5%
Poland9.66.28.610.42.7%
Germany11.111.78.78.6-8.2%
Russia35.123.529.44.3-50.3%
Hungary0.40.11.54.2119.0%
Austria0.7N/A0.54.180.3%
United Kingdom6.67.83.22.7-25.8%
Bulgaria1.61.43.22.312.9%
KazakhstanN/AN/AN/A1.90%
Others13.616.917.010.0-9.7%
Total91.781.082.862.5-12.0%

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

  1. Netherlands (20.9K units)
  2. Poland (5.5K units)
  3. Germany (4.8K units)
  4. Hungary (2.7K units)
  5. Austria (2.5K units)
  6. Russia (1.9K units)
  7. United Kingdom (1.6K units)
  8. Bulgaria (1.2K units)
  9. Kazakhstan (0.7K units)

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

In 2022, the amount of cattle; live, pure-bred breeding animalses imported into Denmark soared to 31 units, with an increase of 1,450% against 2021. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, cattle; live, pure-bred breeding animals imports soared to $218K in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cattle; Live, Pure-Bred Breeding Animals in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.11.33.31641079.3%
Netherlands14.70.3N/A52.753.0%
Czech RepublicN/AN/A1.01.110.0%
Belgium0.54.3N/AN/A760.0%
SwedenN/A13.9N/AN/A0%
PolandN/AN/AN/AN/A0%
PortugalN/A4.9N/AN/A0%
OthersN/AN/AN/AN/A0%
Total15.324.74.3218142.4%

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

  1. Germany (29.0 units)
  2. Netherlands (1.0 units)
  3. Czech Republic (1.0 units)

Source: IndexBox Market Intelligence Platform

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