Bovine Animals; Live Price in the UK - 2023
Contents:
- Bovine Animals; Live Price in the UK (CIF) - 2023
- Bovine Animals; Live Price in the UK (FOB) - 2022
- Bovine Animals; Live Imports in the UK
- Bovine Animals; Live Exports in the UK
Bovine Animals; Live Price in the UK (CIF) - 2023
The average bovine animals; live import price stood at $1,837 per unit in August 2023, growing by 5.5% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 41% m-o-m. Over the period under review, average import prices attained the peak figure at $2,452 per unit in April 2023; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,256 per unit), while the price for the Netherlands ($929 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Bovine Animals; Live Price in the UK (FOB) - 2022
In 2022, the average bovine animals; live export price amounted to $692 per unit, jumping by 108% against the previous year. Over the period under review, the export price posted mild growth. Over the period under review, the average export prices hit record highs at $1,255 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($4,592 per unit), while the average price for exports to the Netherlands ($249 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.
Bovine Animals; Live Imports in the UK
In 2022, approx. 31K units of bovine animals; lives were imported into the UK; jumping by 44% against the year before. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, bovine animals; live imports surged to $58M in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Bovine Animals; Live in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 12.8 | 19.4 | 28.0 | 39.5 | 45.6% |
| Germany | 15.1 | 13.2 | 6.6 | 7.0 | -22.6% |
| Denmark | N/A | N/A | N/A | 5.0 | 0% |
| Netherlands | N/A | N/A | N/A | 3.7 | 0% |
| Poland | N/A | N/A | N/A | 1.5 | 0% |
| Others | 0.2 | N/A | 1.4 | 1.4 | 91.3% |
| Total | 28.2 | 32.7 | 36.0 | 58.1 | 27.2% |
Top Suppliers of Bovine Animals; Live to the UK in 2022:
- Ireland (20.8K units)
- Denmark (3.8K units)
- Germany (3.8K units)
- Netherlands (1.7K units)
- Poland (0.8K units)
Bovine Animals; Live Exports in the UK
For the third year in a row, the UK recorded decline in shipments abroad of bovine animals; lives, which decreased by -72.6% to 1K units in 2022. Overall, exports saw a precipitous decrease. The smallest decline of -43.2% was in 2021. The exports peaked at 15K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, bovine animals; live exports shrank markedly to $692K in 2022. Over the period under review, exports continue to indicate a precipitous curtailment. The smallest decline of -0.2% was in 2021. The exports peaked at $2.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Bovine Animals; Live in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | 49.7 | 312 | 527.8% |
| Netherlands | 78.9 | N/A | 22.1 | 105 | 10.0% |
| Spain | 1,838 | 1,101 | 725 | 90.8 | -63.3% |
| Ireland | 236 | 16.0 | 211 | 87.1 | -28.3% |
| Italy | N/A | N/A | 18.3 | 28.4 | 55.2% |
| Belgium | 61.2 | N/A | 14.3 | 3.1 | -63.0% |
| Others | 75.1 | 99.3 | 173 | 65.4 | -4.5% |
| Total | 2,289 | 1,216 | 1,213 | 692 | -32.9% |
Top Export Markets for Bovine Animals; Live from the UK in 2022:
- Netherlands (423.0 units)
- Spain (296.0 units)
- Ireland (162.0 units)
- Germany (68.0 units)
- Italy (19.0 units)
- Belgium (9.0 units)
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