Bovine Animals; Live Price in Austria - 2023

Contents:

  1. Bovine Animals; Live Price in Austria (CIF) - 2023
  2. Bovine Animals; Live Price in Austria (FOB) - 2023
  3. Bovine Animals; Live Imports in Austria
  4. Bovine Animals; Live Exports in Austria

Bovine Animals; Live Price in Austria (CIF) - 2023

The average bovine animals; live import price stood at $1,056 per unit in August 2023, dropping by -14.1% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 5.5% against the previous month. The import price peaked at $1,229 per unit in July 2023, and then reduced in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Croatia ($1,441 per unit), while the price for Hungary ($743 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Bovine Animals; Live Price in Austria (FOB) - 2023

The average bovine animals; live export price stood at $1,413 per unit in August 2023, declining by -4.8% against the previous month. Overall, export price indicated a measured expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, bovine animals; live export price decreased by -6.0% against June 2023 indices. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 13% against the previous month. As a result, the export price attained the peak level of $1,504 per unit; afterwards, it flattened through to August 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($1,773 per unit), while the average price for exports to Spain ($699 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Bovine Animals; Live Imports in Austria

In 2022, imports of bovine animals; lives into Austria contracted to 91K units, with a decrease of -5.8% on 2021 figures. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 2%. Imports peaked at 145K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, bovine animals; live imports expanded rapidly to $137M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Bovine Animals; Live in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic65.152.467.268.81.9%
Hungary22.521.323.727.67.0%
Slovenia18.117.020.122.16.9%
Slovakia9.57.17.67.8-6.4%
Germany0.38.84.84.1139.1%
Croatia3.33.13.83.2-1.0%
Others0.21.62.33.6162.1%
Total1191111291374.8%

Top Suppliers of Bovine Animals; Live to Austria in 2022:

  1. Czech Republic (43.4K units)
  2. Hungary (18.5K units)
  3. Slovenia (15.3K units)
  4. Slovakia (5.9K units)
  5. Germany (2.9K units)
  6. Croatia (2.7K units)

Bovine Animals; Live Exports in Austria

In 2022, overseas shipments of bovine animals; lives decreased by -0.2% to 73K units, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year. As a result, the exports attained the peak of 92K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, bovine animals; live exports contracted to $69M in 2022. Over the period under review, exports saw a abrupt downturn. The smallest decline of -7.6% was in 2020. The exports peaked at $98M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Bovine Animals; Live in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy36.229.228.827.1-9.2%
Germany6.86.46.88.68.1%
Turkey3.94.53.75.08.6%
Azerbaijan5.46.78.93.6-12.6%
FranceN/AN/A0.13.63500.0%
Spain2.22.81.92.88.4%
Poland1.22.12.22.120.5%
Uzbekistan11.716.912.32.1-43.6%
Hungary2.31.01.52.1-3.0%
Croatia1.60.91.21.1-11.7%
Others26.519.912.610.9-25.6%
Total97.990.580.069.1-11.0%

Top Export Markets for Bovine Animals; Live from Austria in 2022:

  1. Italy (38.3K units)
  2. Germany (7.0K units)
  3. Spain (5.6K units)
  4. Hungary (3.6K units)
  5. Poland (2.8K units)
  6. Turkey (2.7K units)
  7. Azerbaijan (2.6K units)
  8. France (2.0K units)
  9. Croatia (1.2K units)
  10. Uzbekistan (0.9K units)

Source: IndexBox Market Intelligence Platform

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