Price for Animal Products; Bovine Semen in China - 2023
Contents:
- Price for Animal Products; Bovine Semen in China (CIF) - 2023
- Price for Animal Products; Bovine Semen in China (FOB) - 2022
- Imports of Animal Products; Bovine Semen in China
- Exports of Animal Products; Bovine Semen in China
Price for Animal Products; Bovine Semen in China (CIF) - 2023
The average animal products; bovine semen import price stood at $194 per unit in September 2023, surging by 28% against the previous month. In general, import price indicated pronounced growth from September 2022 to September 2023: its price increased at an average monthly rate of +3.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, animal products; bovine semen import price increased by +50.7% against June 2023 indices. The growth pace was the most rapid in March 2023 an increase of 51% against the previous month. The import price peaked in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($233 per unit), while the price for Italy ($85.9 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Animal Products; Bovine Semen in China (FOB) - 2022
The average animal products; bovine semen export price stood at $813 per unit in 2021, rising by 95% against the previous year. In general, the export price, however, showed a perceptible decline. The growth pace was the most rapid in 2020 when the average export price increased by 117%. Over the period under review, the average export prices reached the peak figure at $1,592 per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2014 to 2021, the rate of growth in terms of prices for South Africa amounted to -68.5% per year.
Imports of Animal Products; Bovine Semen in China
Animal products; bovine semen imports into China reached 9.5K units in 2022, surging by 2.3% on 2021 figures. In general, imports, however, showed a slight reduction. The most prominent rate of growth was recorded in 2020 with an increase of 9.6% against the previous year. As a result, imports reached the peak of 11K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, animal products; bovine semen imports skyrocketed to $98M in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 46%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Animal Products; Bovine Semen in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 34.5 | 54.5 | 75.1 | 88.6 | 36.9% |
| Germany | 2.3 | 2.2 | 1.3 | 3.6 | 16.1% |
| United Kingdom | 0.4 | 0.8 | 1.7 | 2.5 | 84.2% |
| Italy | N/A | 0.3 | 0.8 | 1.1 | 91.5% |
| Others | 4.8 | 3.5 | 2.6 | 2.0 | -25.3% |
| Total | 42.0 | 61.2 | 81.4 | 97.8 | 32.5% |
Top Suppliers of Animal Products; Bovine Semen to China in 2022:
- United States (8.6K units)
- Germany (0.3K units)
- United Kingdom (0.2K units)
- Italy (0.2K units)
Exports of Animal Products; Bovine Semen in China
After two years of growth, shipments abroad of animal products; bovine semens decreased by 0% to 9 units in 2021. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 800%. The exports peaked in 2021 and are likely to see gradual growth in the near future.
In value terms, animal products; bovine semen exports surged to $7.3K in 2021. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 1,854%. The exports peaked in 2021 and are likely to see steady growth in the near future.
| Export of Animal Products; Bovine Semen in China (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | N/A | N/A | 3,654 | 0% | |
| Finland | N/A | 1,197 | N/A | 0% | |
| Zambia | N/A | 12.0 | N/A | 0% | |
| South Africa | N/A | 224 | N/A | 0% | |
| Portugal | N/A | 562 | N/A | 0% | |
| Angola | 192 | N/A | N/A | 0% | |
| Others | N/A | 1,757 | 3,661 | 108.4% | |
| Total | 192 | 3,752 | 7,315 | 517.2% | |
Top Export Markets for Animal Products; Bovine Semen from China in 2022:
- Germany (4.0 units)
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