Bovine Animals; Live Price in Egypt - 2023

Contents:

  1. Bovine Animals; Live Price in Egypt (CIF) - 2023
  2. Bovine Animals; Live Price in Egypt (FOB) - 2022
  3. Bovine Animals; Live Imports in Egypt
  4. Bovine Animals; Live Exports in Egypt

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

In July 2023, the average bovine animals; live import price amounted to $1,127 per unit, stabilizing at the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 14% month-to-month. The import price peaked at $1,197 per unit in July 2022; 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 Sudan ($1,189 per unit), while the price for Colombia totaled $1,112 per unit.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Bovine Animals; Live Price in Egypt (FOB) - 2022

In 2022, the average bovine animals; live export price amounted to $1,197 per unit, with an increase of 11% against the previous year. In general, the export price saw a significant increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 2,275% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Palestine.

From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to +38.2% per year.

Bovine Animals; Live Imports in Egypt

For the fourth consecutive year, Egypt recorded growth in overseas purchases of bovine animals; lives, which increased by 133% to 563K units in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, bovine animals; live imports skyrocketed to $526M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Bovine Animals; Live in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia18.336.779.8293152.0%
Sudan32.217.815.353.018.1%
Ukraine5.32.35.939.294.8%
Uruguay11.514.416.531.940.5%
Spain2.32.18.029.1133.0%
Brazil53.142.032.128.8-18.4%
United Arab EmiratesN/AN/A2.05.0150.0%
Australia6.36.65.8N/A-4.1%
Others13.130.111145.551.4%
Total14215227652654.7%

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

  1. Colombia (295.6K units)
  2. United Arab Emirates (55.9K units)
  3. Sudan (49.3K units)
  4. Ukraine (40.5K units)
  5. Uruguay (31.5K units)
  6. Spain (29.4K units)
  7. Brazil (28.6K units)

Bovine Animals; Live Exports in Egypt

In 2022, the amount of bovine animals; lives exported from Egypt skyrocketed to 12K units, with an increase of 220% on the previous year's figure. In general, exports posted a significant increase. 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 skyrocketed to $15M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Bovine Animals; Live in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Palestine2.02.64.114.794.4%
Brazil0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.22.64.114.788.3%

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

  1. Palestine (12.3K units)

Source: IndexBox Market Intelligence Platform

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