Price for Animal Products; Bovine Semen in Ireland - 2023
Contents:
- Price for Animal Products; Bovine Semen in Ireland (CIF) - 2022
- Price for Animal Products; Bovine Semen in Ireland (FOB) - 2022
- Imports of Animal Products; Bovine Semen in Ireland
- Exports of Animal Products; Bovine Semen in Ireland
Price for Animal Products; Bovine Semen in Ireland (CIF) - 2022
In 2022, the average animal products; bovine semen import price amounted to $2,090 per unit, standing approx. at the previous year. Over the period under review, the import price recorded a significant increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 128%. The import price peaked at $3,015 per unit in 2020; however, from 2021 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 France ($5,395 per unit), while the price for New Zealand ($669 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+52.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Animal Products; Bovine Semen in Ireland (FOB) - 2022
In 2022, the average animal products; bovine semen export price amounted to $570 per unit, jumping by 334% against the previous year. In general, the export price enjoyed a prominent expansion. Over the period under review, the average export prices attained the maximum at $806 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat 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 Chile ($1,696 per unit), while the average price for exports to the United Arab Emirates ($157 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 the United Arab Emirates (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Animal Products; Bovine Semen in Ireland
Animal products; bovine semen imports into Ireland was estimated at 2.4K units in 2022, remaining stable against 2021. Over the period under review, imports posted a prominent expansion. The smallest decline of -39% was in 2020. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, animal products; bovine semen imports amounted to $5M in 2022. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 6.8%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Animal Products; Bovine Semen in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,246 | 1,568 | N/A | 2,134 | 19.6% |
| United States | 522 | 667 | N/A | 712 | 10.9% |
| Belgium | 22.6 | 31.2 | N/A | 555 | 190.7% |
| France | 193 | 281 | N/A | 356 | 22.6% |
| Netherlands | 421 | 214 | N/A | 338 | -7.1% |
| New Zealand | 237 | 39.5 | N/A | 323 | 10.9% |
| Norway | 13.9 | 27.4 | N/A | 101 | 93.7% |
| Others | 100 | 113 | N/A | 506 | 71.7% |
| Total | 2,756 | 2,942 | N/A | 5,025 | 22.2% |
Top Suppliers of Animal Products; Bovine Semen to Ireland in 2022:
- United Kingdom (737.0 units)
- New Zealand (482.0 units)
- United States (465.0 units)
- Belgium (456.0 units)
- Netherlands (148.0 units)
- France (66.0 units)
- Norway (6.0 units)
Exports of Animal Products; Bovine Semen in Ireland
After three years of growth, overseas shipments of animal products; bovine semens decreased by -77.8% to 1.5K units in 2022. Overall, exports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 624% against the previous year. As a result, the exports reached the peak of 6.9K units, and then declined markedly in the following year.
In value terms, animal products; bovine semen exports contracted to $879K in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 32% against the previous year. Over the period under review, the exports attained the peak figure at $911K in 2021, and then declined slightly in the following year.
| Export of Animal Products; Bovine Semen in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 165 | 187 | N/A | 216 | 9.4% |
| United Kingdom | N/A | N/A | N/A | 190 | 0% |
| Chile | 106 | 177 | N/A | 190 | 21.5% |
| Argentina | 79.7 | 182 | N/A | 77.7 | -0.8% |
| Switzerland | 69.1 | 34.7 | N/A | 62.1 | -3.5% |
| Vietnam | 97.9 | 140 | N/A | 35.7 | -28.6% |
| Uruguay | 12.7 | 21.2 | N/A | 29.4 | 32.3% |
| United Arab Emirates | 0.5 | 3.2 | 911 | 17.1 | 224.6% |
| Others | 53.1 | 26.9 | N/A | 61.2 | 4.8% |
| Total | 585 | 771 | 911 | 879 | 14.5% |
Top Export Markets for Animal Products; Bovine Semen from Ireland in 2022:
- United Kingdom (383.0 units)
- Turkey (373.0 units)
- Switzerland (208.0 units)
- Argentina (121.0 units)
- Chile (112.0 units)
- United Arab Emirates (109.0 units)
- Vietnam (63.0 units)
- Uruguay (52.0 units)
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