Bovine Animals; Live Price in India - 2024

Contents:

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

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

In 2022, the average bovine animals; live import price amounted to $778 per unit, which is down by -11.3% against the previous year. In general, the import price, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2020 when the average import price increased by 90%. As a result, import price attained the peak level of $980 per unit. From 2021 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +5.2% per year.

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

In November 2023, the average bovine animals; live export price amounted to $484 per unit, waning by -10.4% against the previous month. Over the period under review, the export price showed a abrupt curtailment. As a result, the export price reached the peak level of $941 per unit. From March 2023 to November 2023, the the average export prices failed to regain momentum.

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

From February 2023 to November 2023, the rate of growth in terms of prices for Bangladesh amounted to -7.1% per month.

Bovine Animals; Live Imports in India

In 2022, after two years of decline, there was significant growth in supplies from abroad of bovine animals; lives, when their volume increased by 68% to 2.1K units. In general, imports, however, saw a deep reduction. Imports peaked at 3K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, bovine animals; live imports skyrocketed to $1.6M in 2022. Over the period under review, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.8% against 2020 indices. Over the period under review, imports attained the peak figure at $2.1M in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Bovine Animals; Live in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States28.066.41,0201,607285.7%
BelgiumN/AN/A58.6N/A0%
Mali1,208N/AN/AN/A0%
GermanyN/A1,765N/AN/A0%
Nepal91.525.7N/AN/A-71.9%
United Arab EmiratesN/A279N/AN/A0%
South Africa205N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,5322,1361,0781,6071.6%

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

  1. United States (2.1K units)

Bovine Animals; Live Exports in India

Bovine animals; live exports from India shrank modestly to 205 units in 2022, which is down by -4.2% compared with 2021. Overall, exports saw a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 11%. The exports peaked at 831 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, bovine animals; live exports reduced slightly to $172K in 2022. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 4.2%. Over the period under review, the exports reached the peak figure at $282K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Bovine Animals; Live in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigeriaN/AN/AN/A1500%
Indonesia270N/AN/AN/A0%
United Arab Emirates9.243.6176N/A337.4%
OmanN/A125N/AN/A0%
Others2.8N/AN/A22.399.7%
Total282169176172-15.2%

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

  1. Nigeria (202.0 units)

Source: IndexBox Market Intelligence Platform

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