Price for Cattle; Live, Pure-Bred Breeding Animals in South Korea - 2022
Contents:
- Price for Cattle; Live, Pure-Bred Breeding Animals in South Korea (CIF) - 2022
- Price for Cattle; Live, Pure-Bred Breeding Animals in South Korea (FOB) - 2022
- Imports of Cattle; Live, Pure-Bred Breeding Animals in South Korea
- Exports of Cattle; Live, Pure-Bred Breeding Animals in South Korea
Price for Cattle; Live, Pure-Bred Breeding Animals in South Korea (CIF) - 2022
The average import price for cattle; live, pure-bred breeding animalses stood at $1,743 per unit in 2022, waning by -11.6% against the previous year. Overall, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 16% against the previous year. Over the period under review, average import prices hit record highs at $2,357 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,746 per unit), while the price for Canada stood at $1,739 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+0.4%).
Price for Cattle; Live, Pure-Bred Breeding Animals in South Korea (FOB) - 2022
The average export price for cattle; live, pure-bred breeding animalses stood at $1,886 per unit in December 2022, approximately reflecting the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2022 an increase of 6.5% month-to-month. Over the period under review, the average export prices reached the peak figure at $1,909 per unit in September 2022; afterwards, it flattened through to December 2022.
As there is only one major export destination, the average price level is determined by prices for Nepal.
From January 2022 to December 2022, the rate of growth in terms of prices for Nepal amounted to 0.0% per month.
Imports of Cattle; Live, Pure-Bred Breeding Animals in South Korea
Cattle; live, pure-bred breeding animals imports into South Korea fell modestly to 237 units in 2022, shrinking by -1.7% on the previous year. Over the period under review, imports showed a significant contraction. Over the period under review, imports reached the peak figure at 515 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, cattle; live, pure-bred breeding animals imports declined to $413K in 2022. In general, imports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 10%. Imports peaked at $851K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Cattle; Live, Pure-Bred Breeding Animals in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 241 | 182 | 254 | 213 | -4.0% |
Canada | 610 | 250 | 221 | 200 | -31.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 851 | 432 | 475 | 413 | -21.4% |
Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to South Korea in 2022:
- United States (122.0 units)
- Canada (115.0 units)
Exports of Cattle; Live, Pure-Bred Breeding Animals in South Korea
Cattle; live, pure-bred breeding animals exports from South Korea skyrocketed to 666 units in 2022, growing by 22,100% on 2021 figures. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, cattle; live, pure-bred breeding animals exports soared to $1.2M in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Cattle; Live, Pure-Bred Breeding Animals in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Nepal | N/A | N/A | 1.2 | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | N/A | N/A | 1.2 | 0% |
Top Export Markets for Cattle; Live, Pure-Bred Breeding Animals from South Korea in 2022:
- Nepal (659.0 units)
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