Price for Animal Products; Bovine Semen in India - 2023
Contents:
- Price for Animal Products; Bovine Semen in India (CIF) - 2022
- Price for Animal Products; Bovine Semen in India (FOB) - 2022
- Imports of Animal Products; Bovine Semen in India
- Exports of Animal Products; Bovine Semen in India
Price for Animal Products; Bovine Semen in India (CIF) - 2022
The average animal products; bovine semen import price stood at $296 per unit in 2022, declining by -14.7% against the previous year. In general, the import price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 an increase of 69%. Over the period under review, average import prices reached the maximum at $352 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($581 per unit), while the price for the United States amounted to $238 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Animal Products; Bovine Semen in India (FOB) - 2022
The average animal products; bovine semen export price stood at $1,293 per unit in 2022, rising by 125% against the previous year. Over the period under review, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 382%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($755 per unit), while the average price for exports to Nepal ($3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+14.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Animal Products; Bovine Semen in India
After two years of decline, supplies from abroad of animal products; bovine semens increased by 388% to 1.9K units in 2022. Over the period under review, imports continue to indicate a notable expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, animal products; bovine semen imports soared to $554K in 2022. In general, imports recorded prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Animal Products; Bovine Semen in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 212 | 71.9 | 66.7 | 365 | 19.9% |
| Canada | 52.1 | 23.5 | 5.8 | 181 | 51.5% |
| Netherlands | 33.1 | 18.4 | 11.5 | 7.9 | -38.0% |
| Denmark | 38.6 | 30.1 | 22.3 | N/A | -24.0% |
| Others | 41.0 | 5.5 | 27.0 | N/A | -18.8% |
| Total | 377 | 150 | 133 | 554 | 13.7% |
Top Suppliers of Animal Products; Bovine Semen to India in 2022:
- United States (1534.0 units)
- Canada (311.0 units)
- Netherlands (27.0 units)
Exports of Animal Products; Bovine Semen in India
In 2022, shipments abroad of animal products; bovine semens decreased by -68.8% to 5 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 167%. The exports peaked at 16 units in 2021, and then shrank significantly in the following year.
In value terms, animal products; bovine semen exports reduced sharply to $6.5K in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 238% against the previous year. The exports peaked at $9.2K in 2021, and then dropped significantly in the following year.
| Export of Animal Products; Bovine Semen in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1.1 | 3.4 | 6.8 | 1.5 | 10.9% |
| United Arab Emirates | N/A | 0.3 | 0.4 | 0.1 | -42.3% |
| Nigeria | N/A | N/A | 0.5 | N/A | 0% |
| Sri Lanka | N/A | N/A | 1.4 | N/A | 0% |
| Zimbabwe | N/A | N/A | 0.1 | N/A | 0% |
| Nepal | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 4.9 | 0% |
| Total | 1.1 | 3.7 | 9.2 | 6.5 | 80.8% |
Top Export Markets for Animal Products; Bovine Semen from India in 2022:
- Vietnam (2.0 units)
- United Arab Emirates (1.0 units)
- Nepal (1.0 units)
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