Bovine Animals; Live Price in Uruguay - 2022
Contents:
- Bovine Animals; Live Price in Uruguay (FOB) - 2022
- Bovine Animals; Live Price in Uruguay (CIF) - 2022
- Bovine Animals; Live Exports in Uruguay
- Bovine Animals; Live Imports in Uruguay
Bovine Animals; Live Price in Uruguay (FOB) - 2022
In 2022, the average bovine animals; live export price amounted to $944 per unit, shrinking by -5.8% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 28%. The export price peaked at $1,034 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($995 per unit), while the average price for exports to Egypt ($897 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Bovine Animals; Live Price in Uruguay (CIF) - 2022
In 2022, the average bovine animals; live import price amounted to $1,088 per unit, picking up by 7.9% against the previous year. Overall, the import price, however, recorded a pronounced slump. The growth pace was the most rapid in 2016 an increase of 47% against the previous year. Over the period under review, average import prices reached the maximum at $2,548 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($3,176 per unit), while the price for Argentina amounted to $1,025 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+68.5%).
Bovine Animals; Live Exports in Uruguay
In 2022, shipments abroad of bovine animals; lives decreased by -63.1% to 80K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of 218K units, and then shrank remarkably in the following year.
In value terms, bovine animals; live exports contracted remarkably to $76M in 2022. In general, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 74%. As a result, the exports attained the peak of $218M, and then contracted remarkably in the following year.
| Export of Bovine Animals; Live in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.3 | 17.0 | 106 | 35.5 | 102.1% |
| Turkey | 73.6 | 73.8 | 67.9 | 24.0 | -31.2% |
| Egypt | 8.0 | 14.1 | 30.3 | 16.3 | 26.8% |
| Iraq | 3.7 | 2.3 | 0.6 | N/A | -59.7% |
| Others | 10.6 | 17.9 | 12.8 | N/A | 9.9% |
| Total | 100 | 125 | 218 | 75.8 | -8.8% |
Top Export Markets for Bovine Animals; Live from Uruguay in 2022:
- China (38.0K units)
- Turkey (24.1K units)
- Egypt (18.2K units)
Bovine Animals; Live Imports in Uruguay
Bovine animals; live imports into Uruguay contracted significantly to 68 units in 2022, waning by -22.7% against the year before. Overall, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 80%. As a result, imports reached the peak of 88 units, and then shrank sharply in the following year.
In value terms, bovine animals; live imports shrank markedly to $74K in 2022. In general, imports saw a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. Over the period under review, imports hit record highs at $166K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Bovine Animals; Live in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 89.1 | 56.0 | 88.8 | 67.6 | -8.8% |
| Brazil | N/A | N/A | N/A | 6.4 | 0% |
| United States | 77.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 166 | 56.0 | 88.8 | 74.0 | -23.6% |
Top Suppliers of Bovine Animals; Live to Uruguay in 2022:
- Argentina (66.0 units)
- Brazil (2.0 units)
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