Price for Animal Products; Bovine Semen in Estonia - 2023
Contents:
- Price for Animal Products; Bovine Semen in Estonia (CIF) - 2022
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 427 | 408 | 610 | 1,015 | 33.5% |
Denmark | 70.5 | 473 | 427 | 422 | 81.6% |
United States | 128 | 157 | 242 | 294 | 31.9% |
Netherlands | 148 | 147 | 147 | 94.8 | -13.8% |
United Kingdom | 77.4 | 327 | 9.0 | 32.8 | -24.9% |
Switzerland | 75.3 | 37.7 | 39.8 | N/A | -27.3% |
Sweden | 334 | N/A | N/A | N/A | 0% |
Others | 107 | 79.7 | 60.1 | 115 | 2.4% |
Total | 1,367 | 1,629 | 1,535 | 1,973 | 13.0% |
Top Suppliers of Animal Products; Bovine Semen to Estonia in 2022:
- Canada (454.0 units)
- Denmark (175.0 units)
- United Kingdom (57.0 units)
- United States (46.0 units)
- Netherlands (8.0 units)
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