Price for Animal Products; Bovine Semen in Guatemala - 2023
Contents:
- Price for Animal Products; Bovine Semen in Guatemala (CIF) - 2022
- Imports of Animal Products; Bovine Semen in Guatemala
Price for Animal Products; Bovine Semen in Guatemala (CIF) - 2022
In 2022, the average animal products; bovine semen import price amounted to $476 per unit, jumping by 49% against the previous year. In general, the import price saw buoyant growth. As a result, import price attained the peak level and is likely to continue 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 Brazil ($515 per unit), while the price for Canada ($191 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Animal Products; Bovine Semen in Guatemala
In 2022, supplies from abroad of animal products; bovine semens decreased by -4.7% to 2K units, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. As a result, imports reached the peak of 2.2K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, animal products; bovine semen imports surged to $934K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Animal Products; Bovine Semen in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 130 | 182 | 300 | 492 | 55.8% |
| United States | 200 | 266 | 285 | 400 | 26.0% |
| Canada | 25.3 | 26.5 | 30.1 | 31.4 | 7.5% |
| Others | 68.0 | 51.9 | 40.8 | 11.3 | -45.0% |
| Total | 423 | 526 | 656 | 934 | 30.2% |
Top Suppliers of Animal Products; Bovine Semen to Guatemala in 2022:
- Brazil (955.0 units)
- United States (820.0 units)
- Canada (164.0 units)
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