Bovine Animals; Live Price in Belgium - 2023
Contents:
- Bovine Animals; Live Price in Belgium (FOB) - 2023
- Bovine Animals; Live Price in Belgium (CIF) - 2023
- Bovine Animals; Live Exports in Belgium
- Bovine Animals; Live Imports in Belgium
Bovine Animals; Live Price in Belgium (FOB) - 2023
In August 2023, the average bovine animals; live export price amounted to $1,323 per unit, remaining constant against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 32% against the previous month. Over the period under review, the average export prices reached the maximum at $1,382 per unit in June 2023; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($1,614 per unit), while the average price for exports to Croatia ($715 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 Italy (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Bovine Animals; Live Price in Belgium (CIF) - 2023
The average bovine animals; live import price stood at $1,197 per unit in July 2023, stabilizing at the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 20% against the previous month. As a result, import price attained the peak level of $1,274 per unit; afterwards, it flattened through to July 2023.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was France ($1,316 per unit), while the price for the Netherlands ($1,187 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Bovine Animals; Live Exports in Belgium
In 2022, exports of bovine animals; lives from Belgium surged to 324K units, increasing by 56% on the previous year's figure. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, bovine animals; live exports expanded rapidly to $206M in 2022. The total export value increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 16%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Bovine Animals; Live in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 90.6 | 111 | 127 | 148 | 17.8% |
| France | 48.2 | 49.7 | 46.3 | 37.4 | -8.1% |
| Italy | 11.1 | 14.4 | 13.0 | 8.0 | -10.3% |
| Germany | 1.8 | 1.1 | 1.3 | 5.9 | 48.5% |
| Spain | 1.2 | 2.8 | 2.9 | 2.3 | 24.2% |
| Others | 4.3 | 2.8 | 2.4 | 4.4 | 0.8% |
| Total | 157 | 182 | 193 | 206 | 9.5% |
Top Export Markets for Bovine Animals; Live from Belgium in 2022:
- Netherlands (257.2K units)
- France (34.0K units)
- Germany (16.9K units)
- Italy (6.9K units)
- Spain (5.9K units)
Bovine Animals; Live Imports in Belgium
After three years of growth, purchases abroad of bovine animals; lives decreased by -27.1% to 197K units in 2022. In general, imports saw a pronounced curtailment. The growth pace was the most rapid in 2021 when imports increased by 12%. As a result, imports reached the peak of 270K units, and then fell rapidly in the following year.
In value terms, bovine animals; live imports stood at $163M in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. Imports peaked at $166M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Bovine Animals; Live in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 124 | 97.9 | 126 | 130 | 1.6% |
| France | 21.5 | 16.2 | 10.9 | 19.5 | -3.2% |
| Luxembourg | 7.6 | 9.6 | 8.0 | 10.0 | 9.6% |
| Germany | 7.7 | 3.3 | 1.6 | 1.2 | -46.2% |
| Others | 5.2 | 2.9 | 3.1 | 1.7 | -31.1% |
| Total | 166 | 130 | 149 | 163 | -0.6% |
Top Suppliers of Bovine Animals; Live to Belgium in 2022:
- Netherlands (147.5K units)
- France (30.5K units)
- Luxembourg (8.3K units)
- Germany (7.1K units)
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