Bovine Animals; Live Price in Croatia - 2023
Contents:
- Bovine Animals; Live Price in Croatia (FOB) - 2023
- Bovine Animals; Live Price in Croatia (CIF) - 2023
- Bovine Animals; Live Exports in Croatia
- Bovine Animals; Live Imports in Croatia
Bovine Animals; Live Price in Croatia (FOB) - 2023
In August 2023, the average bovine animals; live export price amounted to $1,040 per unit, approximately equating the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in November 2022 when the average export price increased by 10% month-to-month. The export price peaked at $1,080 per unit in May 2023; afterwards, it flattened through to August 2023.
Average prices varied somewhat for the major export markets. In August 2023, the highest price was recorded for prices to Libya ($1,262 per unit) and Hungary ($1,193 per unit), while the average price for exports to Kosovo ($880 per unit) and Montenegro ($969 per unit) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Bovine Animals; Live Price in Croatia (CIF) - 2023
In July 2023, the average bovine animals; live import price amounted to $1,283 per unit, dropping by -3.1% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in May 2023 when the average import price increased by 7% against the previous month. Over the period under review, average import prices hit record highs at $1,324 per unit in June 2023, and then reduced in the following month.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Romania ($1,442 per unit) and the Netherlands ($1,399 per unit), while the price for Hungary ($1,092 per unit) and the Czech Republic ($1,141 per unit) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Romania (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Bovine Animals; Live Exports in Croatia
In 2022, overseas shipments of bovine animals; lives decreased by -44.3% to 77K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 221% against the previous year. Over the period under review, the exports reached the peak figure at 138K units in 2021, and then shrank dramatically in the following year.
In value terms, bovine animals; live exports declined sharply to $114M in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 188%. The exports peaked at $175M in 2021, and then shrank remarkably in the following year.
| Export of Bovine Animals; Live in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 12.3 | 60.8 | 78.2 | 52.4 | 62.1% |
| Serbia | 2.3 | 5.5 | 20.8 | 16.5 | 92.9% |
| Lebanon | 18.5 | 26.2 | 11.3 | 11.7 | -14.2% |
| Montenegro | 5.7 | 4.5 | 8.9 | 11.7 | 27.1% |
| Hungary | 1.6 | 10.5 | 8.0 | 6.7 | 61.2% |
| Slovenia | 1.3 | 6.5 | 8.6 | 5.2 | 58.7% |
| Austria | 3.8 | 8.2 | 7.9 | 3.1 | -6.6% |
| Bosnia and Herzegovina | 1.3 | 3.1 | 4.0 | 2.3 | 20.9% |
| Libya | N/A | 2.8 | 8.2 | N/A | 192.9% |
| Others | N/A | 6.9 | 18.9 | 4.5 | -19.2% |
| Total | 47.0 | 135 | 175 | 114 | 34.4% |
Top Export Markets for Bovine Animals; Live from Croatia in 2022:
- Italy (31.8K units)
- Serbia (14.2K units)
- Montenegro (9.1K units)
- Lebanon (6.5K units)
- Hungary (3.9K units)
- Slovenia (3.2K units)
- Bosnia and Herzegovina (3.2K units)
- Austria (2.7K units)
Bovine Animals; Live Imports in Croatia
In 2022, the amount of bovine animals; lives imported into Croatia totaled 171K units, surging by 1.6% against 2021 figures. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, bovine animals; live imports reached $117M in 2022. The total import value increased at an average annual rate of +7.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Bovine Animals; Live in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 49.7 | 40.7 | 45.7 | 38.5 | -8.2% |
| Hungary | 18.5 | 18.6 | 31.8 | 35.8 | 24.6% |
| Czech Republic | 9.8 | 13.1 | 16.7 | 18.0 | 22.5% |
| Slovakia | 9.2 | 9.5 | 12.3 | 10.4 | 4.2% |
| Netherlands | 0.2 | 1.9 | 6.7 | 8.8 | 253.0% |
| Poland | 2.7 | 1.7 | 1.7 | 2.4 | -3.9% |
| Others | 3.6 | 5.1 | 2.4 | 3.5 | -0.9% |
| Total | 93.8 | 90.5 | 117 | 117 | 7.6% |
Top Suppliers of Bovine Animals; Live to Croatia in 2022:
- Romania (66.6K units)
- Hungary (40.2K units)
- Czech Republic (22.0K units)
- Slovakia (20.4K units)
- Netherlands (14.6K units)
- Poland (2.5K units)
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