U.S. - Vaccines For Veterinary Medicine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVeterinary Medicine Vaccines Price in the United States - 2021
Contents:
- Veterinary Medicine Vaccines Price in the United States (FOB) - 2021
- Veterinary Medicine Vaccines Price in the United States (CIF) - 2021
- Veterinary Medicine Vaccines Exports in the United States
- Veterinary Medicine Vaccines Imports in the United States
Veterinary Medicine Vaccines Price in the United States (FOB) - 2021
The average veterinary medicine vaccines export price stood at $78,842 per ton in December 2021, standing approximately at the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in October 2021 when the average export price increased by 16% m-o-m. As a result, the export price reached the peak level of $83,024 per ton. From November 2021 to December 2021, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Thailand ($99,154 per ton), while the average price for exports to Taiwan (Chinese) ($34,831 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Veterinary Medicine Vaccines Price in the United States (CIF) - 2021
In December 2021, the average veterinary medicine vaccines import price amounted to $355K per ton, picking up by 24% against the previous month. Overall, import price indicated a notable increase from December 2020 to December 2021: its price increased at an average monthly rate of +3.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2021 figures, veterinary medicine vaccines import price increased by +168.4% against October 2021 indices. The pace of growth was the most pronounced in November 2021 when the average import price increased by 117% against the previous month. Over the period under review, average import prices reached the peak figure at $360K per ton in June 2021; however, from July 2021 to December 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Canada ($380K per ton), while the price for Australia amounted to $150K per ton.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Veterinary Medicine Vaccines Exports in the United States
After three years of growth, overseas shipments of vaccines for veterinary medicine decreased by -5.1% to 7K tons in 2022. The total export volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 10%. As a result, the exports attained the peak of 7.4K tons, and then declined in the following year.
In value terms, veterinary medicine vaccines exports contracted to $529M in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 15% against the previous year. As a result, the exports reached the peak of $566M, and then fell in the following year.
| Export of Veterinary Medicine Vaccines in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 66.1 | 74.7 | 83.7 | 75.2 | 4.4% |
| Mexico | 68.8 | 37.0 | 66.1 | 59.5 | -4.7% |
| China | 25.5 | 54.1 | 60.4 | 54.3 | 28.7% |
| Brazil | 39.9 | 47.8 | 55.0 | 49.5 | 7.5% |
| Thailand | 19.7 | 20.0 | 20.6 | 18.5 | -2.1% |
| Philippines | 25.3 | 11.9 | 16.7 | 16.0 | -14.2% |
| Belgium | 18.6 | 11.7 | 17.0 | 15.3 | -6.3% |
| Spain | 15.2 | 17.3 | 15.9 | 14.3 | -2.0% |
| Argentina | 12.9 | 11.6 | 15.7 | 14.1 | 3.0% |
| Vietnam | 9.6 | 11.3 | 12.9 | 11.6 | 6.5% |
| Germany | 10.4 | 7.4 | 11.7 | 10.5 | 0.3% |
| Japan | 9.0 | 8.9 | 10.8 | 9.7 | 2.5% |
| South Korea | 11.9 | 7.9 | 10.6 | 9.5 | -7.2% |
| Others | 199 | 169 | 169 | 171 | -4.9% |
| Total | 532 | 491 | 566 | 529 | -0.2% |
Top Export Markets for Veterinary Medicine Vaccines from the United States in 2022:
- China (963.8 tons)
- Canada (831.4 tons)
- Mexico (795.5 tons)
- Brazil (748.3 tons)
- Belgium (314.5 tons)
- Thailand (291.7 tons)
- Spain (200.8 tons)
- Vietnam (199.2 tons)
- South Korea (198.0 tons)
- Philippines (178.5 tons)
- Japan (166.1 tons)
- Germany (136.6 tons)
- Argentina (119.0 tons)
Veterinary Medicine Vaccines Imports in the United States
In 2022, the amount of vaccines for veterinary medicine imported into the United States shrank dramatically to 74 tons, with a decrease of -17% compared with the previous year's figure. Over the period under review, imports showed a sharp slump. The smallest decline of -0.6% was in 2021.
In value terms, veterinary medicine vaccines imports shrank to $9.9M in 2022. Overall, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year.
| Import of Veterinary Medicine Vaccines in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 6.8 | 7.4 | 8.2 | 8.0 | 5.6% |
| New Zealand | 0.1 | 0.1 | 1.0 | 1.0 | 115.4% |
| Australia | 0.2 | 0.3 | 0.4 | 0.4 | 26.0% |
| South Africa | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Belgium | 0.5 | N/A | N/A | 0.2 | -26.3% |
| Brazil | 6.5 | N/A | N/A | N/A | 0% |
| Others | N/A | 1.2 | 0.9 | 0.2 | -59.2% |
| Total | 14.3 | 9.2 | 10.6 | 9.9 | -11.5% |
Top Suppliers of Veterinary Medicine Vaccines to the United States in 2022:
- Canada (42.4 tons)
- New Zealand (17.6 tons)
- South Africa (7.6 tons)
- Australia (3.3 tons)
- Belgium (1.7 tons)
This report provides an in-depth analysis of the veterinary medicine vaccines market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 21202160 - Vaccines for veterinary medicine
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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