Price for Cattle; Live, Pure-Bred Breeding Animals in Ireland - 2023
Contents:
- Price for Cattle; Live, Pure-Bred Breeding Animals in Ireland (FOB) - 2023
- Price for Cattle; Live, Pure-Bred Breeding Animals in Ireland (CIF) - 2022
- Exports of Cattle; Live, Pure-Bred Breeding Animals in Ireland
- Imports of Cattle; Live, Pure-Bred Breeding Animals in Ireland
Price for Cattle; Live, Pure-Bred Breeding Animals in Ireland (FOB) - 2023
In July 2023, the average export price for cattle; live, pure-bred breeding animalses amounted to $2,023 per unit, falling by -10.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in April 2023 an increase of 27% month-to-month. Over the period under review, the average export prices attained the maximum at $2,264 per unit in June 2023, and then contracted in the following month.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Italy ($2,941 per unit), while the average price for exports to the UK ($1,679 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cattle; Live, Pure-Bred Breeding Animals in Ireland (CIF) - 2022
In 2022, the average import price for cattle; live, pure-bred breeding animalses amounted to $3,180 per unit, rising by 189% against the previous year. Overall, the import price posted resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($3,930 per unit), while the price for the UK ($1,491 per unit) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cattle; Live, Pure-Bred Breeding Animals in Ireland
In 2022, shipments abroad of cattle; live, pure-bred breeding animalses decreased by 0% to 53K units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, cattle; live, pure-bred breeding animals exports stood at $48M in 2022. In general, exports enjoyed prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Cattle; Live, Pure-Bred Breeding Animals in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 19.7 | 26.5 | N/A | 29.1 | 13.9% |
| Netherlands | 0.1 | 3.9 | N/A | 7.4 | 319.8% |
| Libya | 4.1 | 5.5 | N/A | 5.5 | 10.3% |
| Spain | 0.9 | 1.9 | N/A | 3.1 | 51.0% |
| Italy | 0.3 | 0.2 | N/A | 1.2 | 58.7% |
| Poland | 0.1 | 0.9 | N/A | 0.4 | 58.7% |
| Kazakhstan | 2.2 | 3.7 | N/A | N/A | 68.2% |
| Turkey | 6.1 | N/A | N/A | N/A | 0% |
| Others | 2.8 | 3.1 | N/A | 1.3 | -22.6% |
| Total | 36.2 | 45.6 | N/A | 47.9 | 9.8% |
Top Export Markets for Cattle; Live, Pure-Bred Breeding Animals from Ireland in 2022:
- United Kingdom (24.5K units)
- Netherlands (12.5K units)
- Libya (5.6K units)
- Spain (5.3K units)
- Italy (2.1K units)
- Poland (1.6K units)
Imports of Cattle; Live, Pure-Bred Breeding Animals in Ireland
In 2022, purchases abroad of cattle; live, pure-bred breeding animalses decreased by -78.4% to 335 units, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 1,496% against the previous year. As a result, imports attained the peak of 6.3K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cattle; live, pure-bred breeding animals imports dropped rapidly to $1.1M in 2022. Overall, imports, however, recorded a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 1,091% against the previous year. As a result, imports attained the peak of $7.7M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Cattle; Live, Pure-Bred Breeding Animals in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 104 | 1,416 | 333 | 456 | 63.7% |
| Germany | 54.8 | 362 | 144 | 443 | 100.7% |
| France | 4.1 | 151 | 222 | 77.6 | 166.5% |
| United Kingdom | 9.3 | N/A | 19.5 | 46.2 | 70.6% |
| Denmark | 54.1 | 174 | N/A | 43.1 | -7.3% |
| Netherlands | 418 | 5,563 | 983 | N/A | 53.4% |
| Others | N/A | 0.1 | 1.0 | N/A | 900.0% |
| Total | 644 | 7,666 | 1,702 | 1,065 | 18.3% |
Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to Ireland in 2022:
- Germany (148.0 units)
- Austria (116.0 units)
- United Kingdom (31.0 units)
- France (28.0 units)
- Denmark (12.0 units)
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