Price for Animal Products; Bovine Semen in Colombia - 2022
Contents:
- Price for Animal Products; Bovine Semen in Colombia (CIF) - 2022
- Price for Animal Products; Bovine Semen in Colombia (FOB) - 2022
- Imports of Animal Products; Bovine Semen in Colombia
- Exports of Animal Products; Bovine Semen in Colombia
Price for Animal Products; Bovine Semen in Colombia (CIF) - 2022
In 2022, the average animal products; bovine semen import price amounted to $337 per unit, declining by -3.4% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, animal products; bovine semen import price increased by +97.6% against 2015 indices. The most prominent rate of growth was recorded in 2018 an increase of 37%. Over the period under review, average import prices hit record highs at $348 per unit in 2021, and then shrank in the following year.
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 Brazil ($1,256 per unit), while the price for the United States ($178 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Animal Products; Bovine Semen in Colombia (FOB) - 2022
The average animal products; bovine semen export price stood at $681 per unit in 2022, which is down by -16.9% against the previous year. Overall, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2015 an increase of 18% against the previous year. The export price peaked at $1,702 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($2,324 per unit), while the average price for exports to Peru ($148 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 Argentina (+42.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Animal Products; Bovine Semen in Colombia
In 2022, supplies from abroad of animal products; bovine semens decreased by -0.2% to 11K units, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 13% against the previous year. As a result, imports attained the peak of 11K units; afterwards, it flattened through to 2022.
In value terms, animal products; bovine semen imports contracted slightly to $3.7M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 14% against the previous year. Imports peaked at $3.8M in 2021, and then shrank modestly in the following year.
| Import of Animal Products; Bovine Semen in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,138 | 1,535 | 1,340 | 1,228 | 2.6% |
| Brazil | 696 | 477 | 1,099 | 1,072 | 15.5% |
| Canada | 497 | 605 | 665 | 480 | -1.2% |
| France | 165 | 218 | 167 | 176 | 2.2% |
| Italy | 44.7 | 56.7 | 59.8 | 118 | 38.2% |
| Switzerland | 52.1 | 83.8 | 42.1 | 106 | 26.7% |
| Others | 530 | 580 | 460 | 513 | -1.1% |
| Total | 3,123 | 3,555 | 3,833 | 3,694 | 5.8% |
Top Suppliers of Animal Products; Bovine Semen to Colombia in 2022:
- United States (6.9K units)
- Canada (1.6K units)
- Brazil (0.9K units)
- France (0.5K units)
- Switzerland (0.4K units)
- Italy (0.2K units)
Exports of Animal Products; Bovine Semen in Colombia
In 2022, shipments abroad of animal products; bovine semens increased by 31% to 182 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a relatively flat trend pattern. 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 rose significantly to $124K in 2022. In general, exports, however, recorded a deep downturn. The exports peaked at $145K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Animal Products; Bovine Semen in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | N/A | N/A | 23.8 | 74.9 | 214.7% |
| Peru | 89.2 | 46.7 | 14.8 | 20.2 | -39.0% |
| Argentina | N/A | N/A | 16.4 | 14.9 | -9.1% |
| Brazil | 55.9 | 30.0 | 9.7 | 13.9 | -37.1% |
| Guatemala | N/A | 57.2 | N/A | N/A | 0% |
| Pakistan | N/A | N/A | 49.3 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 145 | 134 | 114 | 124 | -5.1% |
Top Export Markets for Animal Products; Bovine Semen from Colombia in 2022:
- Peru (136.0 units)
- Paraguay (33.0 units)
- Argentina (7.0 units)
- Brazil (6.0 units)
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