Bovine Animals; Live Price in Romania - 2023

Contents:

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

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

The average bovine animals; live export price stood at $1,194 per unit in August 2023, growing by 4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in April 2023 an increase of 6.2% month-to-month. Over the period under review, the average export prices reached the peak figure at $1,222 per unit in June 2023; afterwards, it flattened through to August 2023.

There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Turkey ($1,415 per unit), while the average price for exports to Kosovo ($600 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 Albania (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In July 2023, the average bovine animals; live import price amounted to $1,049 per unit, shrinking by -13.3% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 11% against the previous month. Over the period under review, average import prices hit record highs at $1,211 per unit in June 2023, and then fell in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was France ($1,549 per unit), while the price for Italy ($188 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 Denmark (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Bovine Animals; Live Exports in Romania

Bovine animals; live exports from Romania reduced to 232K units in 2022, shrinking by -11.3% on the previous year. In general, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Over the period under review, the exports hit record highs at 275K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, bovine animals; live exports shrank to $178M in 2022. Over the period under review, exports continue to indicate a slight descent. The pace of growth was the most pronounced in 2021 when exports increased by 28% against the previous year. As a result, the exports attained the peak of $207M, and then reduced in the following year.

Export of Bovine Animals; Live in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel34.339.767.860.020.5%
Croatia46.636.038.532.2-11.6%
Jordan8.99.620.727.144.9%
Serbia6.15.57.010.620.2%
Bosnia and Herzegovina7.87.68.27.1-3.1%
Hungary10.79.09.66.9-13.6%
Turkey31.39.82.95.6-43.7%
Italy7.15.77.44.7-12.8%
Libya11.03.46.63.9-29.2%
Others23.134.938.419.4-5.7%
Total187161207178-1.6%

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

  1. Israel (68.6K units)
  2. Croatia (53.9K units)
  3. Jordan (23.0K units)
  4. Serbia (20.5K units)
  5. Bosnia and Herzegovina (14.4K units)
  6. Hungary (12.9K units)
  7. Italy (8.9K units)
  8. Turkey (5.3K units)
  9. Libya (2.7K units)

Bovine Animals; Live Imports in Romania

In 2022, purchases abroad of bovine animals; lives decreased by -24.7% to 36K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 71%. Imports peaked at 48K units in 2021, and then dropped markedly in the following year.

In value terms, bovine animals; live imports contracted markedly to $28M in 2022. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 88% against the previous year. As a result, imports attained the peak of $37M, and then dropped dramatically in the following year.

Import of Bovine Animals; Live in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary3.15.314.312.559.2%
Lithuania0.23.18.24.2175.9%
Netherlands2.74.52.22.6-1.3%
Germany2.71.53.22.6-1.3%
DenmarkN/A0.10.51.6300.0%
France0.70.51.21.426.0%
PolandN/A0.30.90.863.3%
Croatia0.30.72.30.1-30.7%
Others3.13.63.92.1-12.2%
Total12.819.536.728.029.8%

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

  1. Hungary (16.2K units)
  2. Lithuania (11.4K units)
  3. Netherlands (2.9K units)
  4. Germany (1.4K units)
  5. France (0.8K units)
  6. Denmark (0.7K units)
  7. Poland (0.7K units)
  8. Croatia (0.1K units)

Source: IndexBox Market Intelligence Platform

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