Price for Animal Products; Bovine Semen in Bolivia - 2022
Contents:
- Price for Animal Products; Bovine Semen in Bolivia (CIF) - 2022
- Imports of Animal Products; Bovine Semen in Bolivia
Price for Animal Products; Bovine Semen in Bolivia (CIF) - 2022
The average animal products; bovine semen import price stood at $430 per unit in 2022, surging by 11% against the previous year. Overall, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2015 an increase of 68% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
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 Argentina ($935 per unit), while the price for Brazil ($304 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Animal Products; Bovine Semen in Bolivia
In 2022, after three years of growth, there was significant decline in purchases abroad of animal products; bovine semens, when their volume decreased by -12.4% to 2.4K units. Overall, imports recorded a mild shrinkage. The growth pace was the most rapid in 2021 with an increase of 7.7%. As a result, imports attained the peak of 2.7K units, and then contracted in the following year.
In value terms, animal products; bovine semen imports dropped slightly to $1M in 2022. The total import value increased at an average annual rate of +12.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year. Over the period under review, imports hit record highs at $1M in 2021, and then declined slightly in the following year.
| Import of Animal Products; Bovine Semen in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 376 | 344 | 709 | 493 | 9.5% |
| United States | 278 | 405 | 238 | 398 | 12.7% |
| Canada | 10.0 | 22.8 | 37.0 | 66.5 | 88.1% |
| Argentina | 55.9 | 72.5 | 53.9 | 52.4 | -2.1% |
| Others | N/A | 39.9 | N/A | N/A | 0% |
| Total | 719 | 884 | 1,038 | 1,010 | 12.0% |
Top Suppliers of Animal Products; Bovine Semen to Bolivia in 2022:
- Brazil (1623.0 units)
- United States (563.0 units)
- Canada (109.0 units)
- Argentina (56.0 units)
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