Price for Cattle; Live, Pure-Bred Breeding Animals in Uruguay - 2022
Contents:
- Price for Cattle; Live, Pure-Bred Breeding Animals in Uruguay (FOB) - 2022
- Price for Cattle; Live, Pure-Bred Breeding Animals in Uruguay (CIF) - 2022
- Exports of Cattle; Live, Pure-Bred Breeding Animals in Uruguay
- Imports of Cattle; Live, Pure-Bred Breeding Animals in Uruguay
Price for Cattle; Live, Pure-Bred Breeding Animals in Uruguay (FOB) - 2022
In 2022, the average export price for cattle; live, pure-bred breeding animalses amounted to $1,018 per unit, shrinking by -42.9% against the previous year. In general, the export price showed a drastic downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 28% against the previous year. The export price peaked at $1,783 per unit in 2021, and then contracted sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +0.7% per year.
Price for Cattle; Live, Pure-Bred Breeding Animals in Uruguay (CIF) - 2022
The average import price for cattle; live, pure-bred breeding animalses stood at $1,088 per unit in 2022, surging by 7.9% against the previous year. Overall, the import price, however, continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2013 when the average import price increased by 71% against the previous year. Over the period under review, average import prices attained the maximum at $4,060 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 ($3,176 per unit), while the price for Argentina stood at $1,025 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+11.9%).
Exports of Cattle; Live, Pure-Bred Breeding Animals in Uruguay
In 2022, exports of cattle; live, pure-bred breeding animalses from Uruguay surged to 26K units, rising by 33% compared with the year before. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 73%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, cattle; live, pure-bred breeding animals exports reduced dramatically to $27M in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 82% against the previous year. As a result, the exports attained the peak of $35M, and then fell sharply in the following year.
Export of Cattle; Live, Pure-Bred Breeding Animals in Uruguay (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.4 | 12.1 | 24.0 | 26.5 | 81.9% |
Turkey | 8.6 | 7.0 | 10.8 | N/A | 12.1% |
Others | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
Total | 13.1 | 19.2 | 35.0 | 26.5 | 26.5% |
Top Export Markets for Cattle; Live, Pure-Bred Breeding Animals from Uruguay in 2022:
- China (26.1K units)
Imports of Cattle; Live, Pure-Bred Breeding Animals in Uruguay
Cattle; live, pure-bred breeding animals imports into Uruguay contracted remarkably to 68 units in 2022, with a decrease of -22.7% against 2021 figures. Over the period under review, imports, however, posted a modest expansion. The pace of growth was the most pronounced in 2021 with an increase of 184% against the previous year. As a result, imports reached the peak of 88 units, and then fell markedly in the following year.
In value terms, cattle; live, pure-bred breeding animals imports dropped remarkably to $74K in 2022. In general, imports faced a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 58% against the previous year. Imports peaked at $166K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Cattle; Live, Pure-Bred Breeding Animals in Uruguay (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 166 | 56.0 | 88.8 | 67.6 | -25.9% |
Brazil | N/A | N/A | N/A | 6.4 | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 166 | 56.0 | 88.8 | 74.0 | -23.6% |
Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to Uruguay in 2022:
- Argentina (66.0 units)
- Brazil (2.0 units)
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