Bovine Animals; Live Price in Germany - 2023
Contents:
- Bovine Animals; Live Price in Germany (FOB) - 2023
- Bovine Animals; Live Price in Germany (CIF) - 2023
- Bovine Animals; Live Exports in Germany
- Bovine Animals; Live Imports in Germany
Bovine Animals; Live Price in Germany (FOB) - 2023
The average bovine animals; live export price stood at $1,399 per unit in August 2023, with a decrease of -5.3% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in April 2023 an increase of 15% m-o-m. The export price peaked at $1,477 per unit in July 2023, and then contracted in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($1,616 per unit), while the average price for exports to Hungary ($1,074 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 Poland (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Bovine Animals; Live Price in Germany (CIF) - 2023
The average bovine animals; live import price stood at $1,419 per unit in July 2023, waning by -1.6% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 14% m-o-m. Over the period under review, average import prices hit record highs at $1,519 per unit in January 2023; afterwards, it flattened through to July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($1,738 per unit), while the price for France ($1,149 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 Austria (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Bovine Animals; Live Exports in Germany
After two years of decline, shipments abroad of bovine animals; lives increased by 49% to 696K units in 2022. In general, exports, however, saw a abrupt downturn. Over the period under review, the exports attained the peak figure at 823K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, bovine animals; live exports declined sharply to $220M in 2022. Over the period under review, exports, however, continue to indicate a deep reduction. The smallest decline of -1.4% was in 2021. Over the period under review, the exports reached the maximum at $344M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Bovine Animals; Live in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 136 | 118 | 140 | 130 | -1.5% |
| Italy | 21.1 | 18.9 | 21.7 | 11.8 | -17.6% |
| Poland | 9.4 | 11.5 | 15.0 | 11.8 | 7.9% |
| Belgium | 15.0 | 11.4 | 10.8 | 8.9 | -16.0% |
| Spain | 9.3 | 6.4 | 7.0 | 4.7 | -20.3% |
| Russia | 63.8 | 29.6 | 35.2 | 0.7 | -77.8% |
| Others | 88.7 | 93.1 | 55.1 | 51.3 | -16.7% |
| Total | 344 | 289 | 284 | 220 | -13.8% |
Top Export Markets for Bovine Animals; Live from Germany in 2022:
- Netherlands (614.5K units)
- Poland (23.6K units)
- Spain (12.2K units)
- Italy (10.7K units)
- Belgium (6.7K units)
- Russia (0.3K units)
Bovine Animals; Live Imports in Germany
After three years of growth, overseas purchases of bovine animals; lives decreased by -1.5% to 46K units in 2022. The total import volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 23%. As a result, imports attained the peak of 46K units, and then reduced in the following year.
In value terms, bovine animals; live imports totaled $62M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 41%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Bovine Animals; Live in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 21.7 | 28.1 | 38.2 | 37.8 | 20.3% |
| Netherlands | 2.4 | 2.3 | 5.8 | 6.7 | 40.8% |
| France | 4.3 | 5.2 | 7.0 | 6.0 | 11.7% |
| Luxembourg | 3.4 | 2.4 | 3.6 | 4.2 | 7.3% |
| Austria | 3.2 | 1.7 | 2.1 | 2.8 | -4.4% |
| Italy | N/A | N/A | N/A | 2.6 | 0% |
| Belgium | 0.4 | 0.5 | 0.8 | 0.8 | 26.0% |
| Others | 1.0 | 2.7 | 2.8 | 1.2 | 6.3% |
| Total | 36.5 | 42.9 | 60.3 | 62.1 | 19.4% |
Top Suppliers of Bovine Animals; Live to Germany in 2022:
- Czech Republic (22.6K units)
- Netherlands (9.4K units)
- France (4.4K units)
- Luxembourg (3.0K units)
- Austria (2.6K units)
- Italy (1.8K units)
- Belgium (0.8K units)
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