Price for Animal Products; Bovine Semen in Italy - 2023
Contents:
- Price for Animal Products; Bovine Semen in Italy (CIF) - 2022
- Price for Animal Products; Bovine Semen in Italy (FOB) - 2022
- Imports of Animal Products; Bovine Semen in Italy
- Exports of Animal Products; Bovine Semen in Italy
Price for Animal Products; Bovine Semen in Italy (CIF) - 2022
In 2022, the average animal products; bovine semen import price amounted to $1,510 per unit, reducing by -63.4% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the average import price increased by 60%. The import price peaked at $8,090 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 the UK ($9,526 per unit), while the price for the Netherlands ($498 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Animal Products; Bovine Semen in Italy (FOB) - 2022
In 2022, the average animal products; bovine semen export price amounted to $757 per unit, shrinking by -10.9% against the previous year. Over the period under review, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2021 an increase of 8.7%. Over the period under review, the average export prices attained the maximum at $4,629 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($3,382 per unit), while the average price for exports to the Netherlands ($221 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 Egypt (+0.3%), while the prices for the other major destinations experienced a decline.
Imports of Animal Products; Bovine Semen in Italy
In 2022, the amount of animal products; bovine semens imported into Italy soared to 16K units, increasing by 250% compared with 2021 figures. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, animal products; bovine semen imports skyrocketed to $24M in 2022. The total import value increased at an average annual rate of +11.9% 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 Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.0 | 6.6 | 7.1 | 6.7 | -1.4% |
| Netherlands | 1.7 | 2.2 | 2.3 | 6.7 | 58.0% |
| United Kingdom | 5.4 | 5.3 | 5.1 | 5.1 | -1.9% |
| Canada | 2.2 | 2.4 | 2.9 | 2.5 | 4.4% |
| France | 0.1 | 1.1 | 0.3 | 0.7 | 91.3% |
| Germany | 0.3 | 0.9 | 0.5 | 0.5 | 18.6% |
| Austria | N/A | 0.1 | N/A | N/A | 0% |
| Others | 0.8 | 1.6 | 1.0 | 2.2 | 40.1% |
| Total | 17.5 | 20.1 | 19.2 | 24.5 | 11.9% |
Top Suppliers of Animal Products; Bovine Semen to Italy in 2022:
- Netherlands (13.4K units)
- United States (0.9K units)
- France (0.5K units)
- United Kingdom (0.5K units)
- Canada (0.3K units)
- Germany (0.3K units)
Exports of Animal Products; Bovine Semen in Italy
After three years of growth, overseas shipments of animal products; bovine semens decreased by -14.5% to 9.1K units in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of 11K units, and then dropped in the following year.
In value terms, animal products; bovine semen exports declined remarkably to $6.9M in 2022. Over the period under review, exports showed a noticeable decrease. The pace of growth appeared the most rapid in 2021 with an increase of 44%. As a result, the exports reached the peak of $9M, and then declined significantly in the following year.
| Export of Animal Products; Bovine Semen in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 297 | 744 | 1,093 | 91.8% |
| Netherlands | 317 | 383 | 482 | 624 | 25.3% |
| Germany | 259 | 428 | 702 | 590 | 31.6% |
| Turkey | 274 | 418 | 619 | 548 | 26.0% |
| Switzerland | 708 | 660 | 880 | 533 | -9.0% |
| Croatia | 143 | 373 | 484 | 526 | 54.4% |
| Spain | 215 | 242 | 343 | 408 | 23.8% |
| Hungary | 446 | 376 | 472 | 343 | -8.4% |
| Portugal | 98.4 | 99.4 | 115 | 137 | 11.7% |
| France | 264 | 246 | 545 | 135 | -20.0% |
| Greece | 152 | 131 | 174 | 121 | -7.3% |
| Uganda | 2,211 | N/A | N/A | N/A | 0% |
| Tunisia | 267 | 268 | 354 | N/A | 15.1% |
| Others | 2,004 | 2,362 | 3,122 | 1,823 | -3.1% |
| Total | 7,360 | 6,282 | 9,037 | 6,881 | -2.2% |
Top Export Markets for Animal Products; Bovine Semen from Italy in 2022:
- Netherlands (2818.0 units)
- Spain (1440.0 units)
- Croatia (1006.0 units)
- Hungary (868.0 units)
- Switzerland (517.0 units)
- China (500.0 units)
- Germany (371.0 units)
- France (245.0 units)
- Greece (180.0 units)
- Portugal (167.0 units)
- Turkey (162.0 units)
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