Price for Cattle; Live, Pure-Bred Breeding Animals in Spain - 2023
Contents:
- Price for Cattle; Live, Pure-Bred Breeding Animals in Spain (CIF) - 2023
- Price for Cattle; Live, Pure-Bred Breeding Animals in Spain (FOB) - 2023
- Imports of Cattle; Live, Pure-Bred Breeding Animals in Spain
- Exports of Cattle; Live, Pure-Bred Breeding Animals in Spain
Price for Cattle; Live, Pure-Bred Breeding Animals in Spain (CIF) - 2023
In July 2023, the average import price for cattle; live, pure-bred breeding animalses amounted to $1,451 per unit, dropping by -17.6% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 19% against the previous month. Over the period under review, average import prices reached the maximum at $2,049 per unit in March 2023; afterwards, it flattened through to July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Ireland ($3,296 per unit), while the price for Portugal ($1,065 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Ireland (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cattle; Live, Pure-Bred Breeding Animals in Spain (FOB) - 2023
The average export price for cattle; live, pure-bred breeding animalses stood at $3,782 per unit in July 2023, surging by 51% against the previous month. Over the period under review, export price indicated tangible growth from July 2022 to July 2023: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, cattle; live, pure-bred breeding animals export price increased by +51.2% against June 2023 indices. The most prominent rate of growth was recorded in September 2022 an increase of 81% month-to-month. Over the period under review, the average export prices reached the peak figure in July 2023.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Mexico ($5,663 per unit), while the average price for exports to Italy ($1,935 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 Morocco (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cattle; Live, Pure-Bred Breeding Animals in Spain
For the third consecutive year, Spain recorded decline in overseas purchases of cattle; live, pure-bred breeding animalses, which decreased by -24.5% to 12K units in 2022. Over the period under review, imports faced a precipitous slump. The smallest decline of -16.7% was in 2021. Over the period under review, imports reached the maximum at 31K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, cattle; live, pure-bred breeding animals imports shrank remarkably to $15M in 2022. In general, imports faced a abrupt setback. The smallest decline of -6.1% was in 2021. Imports peaked at $29M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Cattle; Live, Pure-Bred Breeding Animals in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 22.1 | 16.0 | 15.2 | 7.5 | -30.2% |
| Portugal | 3.0 | 1.9 | 1.7 | 2.6 | -4.7% |
| Netherlands | 0.7 | 1.0 | 0.9 | 1.3 | 22.9% |
| Germany | 2.2 | 2.1 | 1.5 | 1.0 | -23.1% |
| Denmark | N/A | 0.3 | 0.2 | 0.9 | 73.2% |
| Ireland | 0.4 | 0.4 | 0.7 | 0.9 | 31.0% |
| Austria | 0.4 | 0.4 | 0.5 | 0.8 | 26.0% |
| Others | 0.3 | 0.4 | 0.5 | N/A | 29.1% |
| Total | 29.1 | 22.6 | 21.2 | 15.0 | -19.8% |
Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to Spain in 2022:
- France (6.2K units)
- Portugal (3.2K units)
- Ireland (0.8K units)
- Netherlands (0.7K units)
- Denmark (0.5K units)
- Germany (0.5K units)
- Austria (0.4K units)
Exports of Cattle; Live, Pure-Bred Breeding Animals in Spain
In 2022, shipments abroad of cattle; live, pure-bred breeding animalses decreased by -89% to 3K units for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 91%. As a result, the exports reached the peak of 27K units, and then declined markedly in the following year.
In value terms, cattle; live, pure-bred breeding animals exports declined markedly to $6.4M in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 130% against the previous year. As a result, the exports reached the peak of $11M, and then dropped notably in the following year.
| Export of Cattle; Live, Pure-Bred Breeding Animals in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 0.4 | 0.1 | 3.3 | 3.8 | 111.8% |
| Mexico | N/A | N/A | N/A | 1.3 | 0% |
| Italy | 1.6 | 0.8 | 3.9 | 0.8 | -20.6% |
| Libya | 0.7 | 0.5 | 0.1 | 0.2 | -34.1% |
| Peru | N/A | N/A | N/A | 0.2 | 0% |
| Morocco | 2.4 | 1.6 | 0.2 | 0.1 | -65.3% |
| Belgium | 4.9 | 0.7 | N/A | N/A | -85.7% |
| Germany | N/A | 0.5 | 0.3 | N/A | -40.0% |
| Lebanon | N/A | 0.4 | 2.1 | N/A | 425.0% |
| Others | 0.4 | N/A | 0.7 | N/A | 32.3% |
| Total | 10.4 | 4.6 | 10.7 | 6.4 | -14.9% |
Top Export Markets for Cattle; Live, Pure-Bred Breeding Animals from Spain in 2022:
- Portugal (1861.0 units)
- Italy (448.0 units)
- Peru (245.0 units)
- Mexico (242.0 units)
- Libya (110.0 units)
- Morocco (68.0 units)
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