Bovine Animals; Live Price in Greece - 2023

Bovine Animals; Live Price in Greece (CIF) - 2022

In 2022, the average bovine animals; live import price amounted to $706 per unit, standing approx. at the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 34%. The import price peaked at $816 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($1,849 per unit), while the price for Romania ($148 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average bovine animals; live export price stood at $287 per unit in August 2023, dropping by -54.5% against the previous month. In general, the export price, however, posted a pronounced increase. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 244% month-to-month. The export price peaked at $1,038 per unit in May 2023; however, from June 2023 to August 2023, the export prices failed to regain momentum.

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

From August 2022 to August 2023, the rate of growth in terms of prices for Albania amounted to +2.4% per month.

Bovine Animals; Live Imports in Greece

Bovine animals; live imports into Greece fell to 41K units in 2022, reducing by -5.2% compared with 2021 figures. In general, imports showed a abrupt downturn. The smallest decline of -4.7% was in 2021. Over the period under review, imports attained the peak figure at 54K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, bovine animals; live imports dropped to $29M in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 11%. As a result, imports attained the peak of $32M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Bovine Animals; Live in Greece (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	6.9	8.7	9.5	10.8	16.1%
Hungary	4.2	4.5	4.0	3.9	-2.4%
Poland	3.5	6.5	5.9	3.5	0.0%
Ireland	1.1	1.7	2.8	3.4	45.7%
Romania	6.3	4.5	4.8	3.3	-19.4%
Czech Republic	1.6	1.5	0.7	1.7	2.0%
Bulgaria	1.7	1.7	1.7	1.1	-13.5%
United Kingdom	2.0	1.5	N/A	N/A	-25.0%
Others	1.6	1.6	1.2	1.4	-4.4%
Total	28.9	32.1	30.4	29.1	0.2%

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

Romania (22.2K units)
France (8.0K units)
Poland (3.2K units)
Hungary (2.7K units)
Ireland (2.2K units)
Czech Republic (0.9K units)
Bulgaria (0.9K units)

Bovine Animals; Live Exports in Greece

In 2022, exports of bovine animals; lives from Greece soared to 6.7K units, growing by 58% compared with the year before. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,421%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, bovine animals; live exports surged to $830K in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 609% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.