Bovine Animals; Live Price in Chile - 2023
Contents:
- Bovine Animals; Live Price in Chile (FOB) - 2023
- Bovine Animals; Live Price in Chile (CIF) - 2022
- Bovine Animals; Live Exports in Chile
- Bovine Animals; Live Imports in Chile
Bovine Animals; Live Price in Chile (FOB) - 2023
The average bovine animals; live export price stood at $856 per unit in May 2023, almost unchanged from the previous month. In general, the export price saw a slight decrease. Over the period under review, the average export prices hit record highs at $1,357 per unit in January 2023; however, from February 2023 to May 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From May 2022 to May 2023, the rate of growth in terms of prices for China amounted to -3.6% per month.
Bovine Animals; Live Price in Chile (CIF) - 2022
The average bovine animals; live import price stood at $53 per unit in 2022, declining by -12.5% against the previous year. Over the period under review, the import price continues to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21% against the previous year. The import price peaked at $3,124 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 United States ($71 per unit), while the price for Canada amounted to $34 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-31.5%).
Bovine Animals; Live Exports in Chile
In 2022, shipments abroad of bovine animals; lives decreased by -28.6% to 16K units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 8,555% against the previous year. As a result, the exports attained the peak of 26K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, bovine animals; live exports reduced dramatically to $15M in 2022. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 5,476%. The exports peaked at $32M in 2021, and then dropped remarkably in the following year.
| Export of Bovine Animals; Live in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.4 | 22.5 | 31.9 | 14.9 | 234.0% |
| Others | N/A | 0.4 | 0.3 | N/A | -25.0% |
| Total | 0.4 | 22.9 | 32.3 | 14.9 | 234.0% |
Top Export Markets for Bovine Animals; Live from Chile in 2022:
- China (15.8K units)
Bovine Animals; Live Imports in Chile
In 2022, imports of bovine animals; lives into Chile surged to 2 units, rising by 100% against the previous year's figure. Over the period under review, imports, however, saw a abrupt decrease. Imports peaked at 3 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, bovine animals; live imports skyrocketed to $105 in 2022. In general, imports, however, showed a abrupt descent. Over the period under review, imports hit record highs at $149 in 2020; however, from 2021 to 2022, imports failed to regain momentum.
| Import of Bovine Animals; Live in Chile (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 19.0 | 60.0 | 71.0 | 93.3% | |
| Canada | N/A | N/A | 34.0 | 0% | |
| China | 59.0 | N/A | N/A | 0% | |
| United Arab Emirates | 71.0 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 149 | 60.0 | 105 | -16.1% | |
Top Suppliers of Bovine Animals; Live to Chile in 2022:
- United States (1.0 units)
- Canada (1.0 units)
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