Price for Animal Products; Bovine Semen in Estonia - 2023

Contents:

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

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

The average animal products; bovine semen import price stood at $2,606 per unit in 2022, with a decrease of -5.3% against the previous year. In general, the import price, however, enjoyed prominent growth. The growth pace was the most rapid in 2018 an increase of 81%. As a result, import price reached the peak level of $3,104 per unit. From 2019 to 2022, the average import prices remained at a lower figure.

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 Germany ($13,158 per unit), while the price for the UK ($575 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+29.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Animal Products; Bovine Semen in Estonia

In 2022, imports of animal products; bovine semens into Estonia skyrocketed to 757 units, rising by 36% on 2021 figures. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 37%. As a result, imports attained the peak of 774 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, animal products; bovine semen imports skyrocketed to $2M in 2022. The total import value increased at an average annual rate of +13.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Animal Products; Bovine Semen in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada4274086101,01533.5%
Denmark70.547342742281.6%
United States12815724229431.9%
Netherlands14814714794.8-13.8%
United Kingdom77.43279.032.8-24.9%
Switzerland75.337.739.8N/A-27.3%
Sweden334N/AN/AN/A0%
Others10779.760.11152.4%
Total1,3671,6291,5351,97313.0%

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

  1. Canada (454.0 units)
  2. Denmark (175.0 units)
  3. United Kingdom (57.0 units)
  4. United States (46.0 units)
  5. Netherlands (8.0 units)

Source: IndexBox Market Intelligence Platform

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