Price for Animal Products; Bovine Semen in Canada - 2022
Contents:
- Price for Animal Products; Bovine Semen in Canada (FOB) - 2022
- Price for Animal Products; Bovine Semen in Canada (CIF) - 2022
- Exports of Animal Products; Bovine Semen in Canada
- Imports of Animal Products; Bovine Semen in Canada
Price for Animal Products; Bovine Semen in Canada (FOB) - 2022
The average animal products; bovine semen export price stood at $686 per unit in 2022, falling by -23.4% against the previous year. Overall, the export price showed a pronounced descent. The most prominent rate of growth was recorded in 2013 an increase of 48% against the previous year. As a result, the export price attained the peak level of $1,404 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($3,131 per unit), while the average price for exports to India ($63 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 South Africa (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Animal Products; Bovine Semen in Canada (CIF) - 2022
The average animal products; bovine semen import price stood at $511 per unit in 2022, rising by 5.5% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 13%. As a result, import price attained the peak level of $579 per unit. From 2021 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($579 per unit), while the price for the Netherlands ($121 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.3%), while the prices for the other major suppliers experienced a decline.
Exports of Animal Products; Bovine Semen in Canada
In 2022, approx. 140K units of animal products; bovine semens were exported from Canada; growing by 40% compared with the previous year. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, animal products; bovine semen exports amounted to $96M in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Animal Products; Bovine Semen in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.5 | 27.3 | 22.8 | 27.3 | 1.0% |
| Netherlands | 6.6 | 7.0 | 6.1 | 6.9 | 1.5% |
| Brazil | 6.0 | 5.7 | 7.5 | 6.6 | 3.2% |
| Australia | 2.1 | 2.9 | 3.6 | 4.6 | 29.9% |
| Argentina | 2.7 | 2.5 | 3.2 | 3.5 | 9.0% |
| Japan | 2.8 | 2.6 | 3.1 | 3.1 | 3.5% |
| South Africa | 0.7 | 0.8 | 0.8 | 1.1 | 16.3% |
| Colombia | 0.4 | 0.5 | 0.6 | 0.5 | 7.7% |
| Pakistan | 0.6 | 0.6 | 0.5 | 0.4 | -12.6% |
| India | N/A | N/A | N/A | 0.2 | 0% |
| Others | 38.6 | 35.4 | 41.6 | 42.2 | 3.0% |
| Total | 86.9 | 85.3 | 89.8 | 96.3 | 3.5% |
Top Export Markets for Animal Products; Bovine Semen from Canada in 2022:
- United States (44.4K units)
- Netherlands (40.8K units)
- Australia (6.9K units)
- Pakistan (5.5K units)
- Japan (5.0K units)
- Argentina (3.7K units)
- South Africa (3.6K units)
- India (2.8K units)
- Colombia (2.6K units)
- Brazil (2.1K units)
Imports of Animal Products; Bovine Semen in Canada
In 2022, approx. 18K units of animal products; bovine semens were imported into Canada; reducing by -16.8% on 2021 figures. In general, imports showed a pronounced descent. The pace of growth was the most pronounced in 2021 when imports increased by 20%. As a result, imports reached the peak of 21K units, and then shrank markedly in the following year.
In value terms, animal products; bovine semen imports contracted to $9M in 2022. Overall, imports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2020 with an increase of 2.2%. Over the period under review, imports reached the peak figure at $10M in 2021, and then contracted in the following year.
| Import of Animal Products; Bovine Semen in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.7 | 8.9 | 8.5 | 7.8 | -3.6% |
| United Kingdom | 0.3 | 0.3 | 0.7 | 0.5 | 18.6% |
| Netherlands | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| France | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.8 | 0.8 | 0.8 | 0.6 | -9.1% |
| Total | 10.0 | 10.2 | 10.3 | 9.0 | -3.5% |
Top Suppliers of Animal Products; Bovine Semen to Canada in 2022:
- United States (13.4K units)
- United Kingdom (2.2K units)
- Netherlands (0.8K units)
- France (0.5K units)
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