Price for Animal Products; Bovine Semen in Ecuador - 2022

Contents:

  1. Price for Animal Products; Bovine Semen in Ecuador (CIF) - 2022
  2. Imports of Animal Products; Bovine Semen in Ecuador

Price for Animal Products; Bovine Semen in Ecuador (CIF) - 2022

In January 2022, the average animal products; bovine semen import price amounted to $1,936 per unit, surging by 358% against the previous month. Over the period under review, the import price continues to indicate a buoyant increase. The growth pace was the most rapid in March 2021 when the average import price increased by 441% against the previous month. The import price peaked in January 2022.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Canada ($7,029 per unit), while the price for France ($675 per unit) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Animal Products; Bovine Semen in Ecuador

In 2022, approx. 2.7K units of animal products; bovine semens were imported into Ecuador; declining by -6.2% compared with 2021 figures. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. Imports peaked at 3.2K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, animal products; bovine semen imports expanded rapidly to $1.8M in 2022. Over the period under review, imports saw a noticeable shrinkage. Imports peaked at $2M in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Animal Products; Bovine Semen in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States896851715797-3.8%
Brazil19230234634121.1%
Canada239222210217-3.2%
New Zealand25021791.7181-10.2%
France16812475.1119-10.9%
Netherlands55.499.884.883.614.7%
Argentina63.974.932.555.5-4.6%
Others10712812755.0-19.9%
Total1,9732,0181,6811,850-2.1%

Top Suppliers of Animal Products; Bovine Semen to Ecuador in 2022:

  1. United States (1769.0 units)
  2. New Zealand (258.0 units)
  3. Brazil (215.0 units)
  4. France (134.0 units)
  5. Netherlands (108.0 units)
  6. Argentina (106.0 units)
  7. Canada (86.0 units)

Source: IndexBox Market Intelligence Platform

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