Price for Cattle; Live, Pure-Bred Breeding Animals in Pakistan - 2022

Contents:

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

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

In 2022, the average import price for cattle; live, pure-bred breeding animalses amounted to $1,148 per unit, declining by -2% against the previous year. Overall, the import price recorded a abrupt descent. The growth pace was the most rapid in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs at $2,811 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,513 per unit), while the price for Australia ($843 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-4.7%), while the prices for the other major suppliers experienced a decline.

Price for Cattle; Live, Pure-Bred Breeding Animals in Pakistan (FOB) - 2022

The average export price for cattle; live, pure-bred breeding animalses stood at $1,532 per unit in 2022, falling by -22.5% against the previous year. In general, the export price, however, continues to indicate resilient growth. The growth pace was the most rapid in 2020 when the average export price increased by 193% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,976 per unit in 2021, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,595 per unit), while the average price for exports to Brunei Darussalam totaled $518 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+18.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of cattle; live, pure-bred breeding animalses imported into Pakistan surged to 17K units, growing by 74% against 2021 figures. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 208%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, cattle; live, pure-bred breeding animals imports skyrocketed to $20M in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 275% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Cattle; Live, Pure-Bred Breeding Animals in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.61.87.911.894.6%
Netherlands0.30.31.44.5146.6%
Australia5.41.01.83.5-13.5%
Others0.6N/A0.5N/A-8.7%
Total7.83.111.619.836.4%

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

  1. United States (7.8K units)
  2. Netherlands (5.3K units)
  3. Australia (4.2K units)

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

After two years of decline, shipments abroad of cattle; live, pure-bred breeding animalses increased by 9.7% to 34 units in 2022. In general, exports, however, continue to indicate a significant curtailment. Over the period under review, the exports hit record highs at 692 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, cattle; live, pure-bred breeding animals exports shrank to $52K in 2022. Over the period under review, exports, however, recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. The exports peaked at $282K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Cattle; Live, Pure-Bred Breeding Animals in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates25542.961.351.0-41.5%
Brunei DarussalamN/AN/AN/A0.50%
Afghanistan26.6N/AN/AN/A0%
OthersN/AN/AN/A0.50%
Total28242.961.352.1-43.0%

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

  1. United Arab Emirates (32.0 units)
  2. Brunei Darussalam (1.0 units)

Source: IndexBox Market Intelligence Platform

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