Price for Animal Products; Bovine Semen in Japan - 2023
Contents:
- Price for Animal Products; Bovine Semen in Japan (CIF) - 2023
- Price for Animal Products; Bovine Semen in Japan (FOB) - 2022
- Imports of Animal Products; Bovine Semen in Japan
- Exports of Animal Products; Bovine Semen in Japan
Price for Animal Products; Bovine Semen in Japan (CIF) - 2023
The average animal products; bovine semen import price stood at $57,534 per unit in September 2023, with an increase of 44% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +4.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($73,457 per unit), while the price for the United States stood at $48,177 per unit.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Animal Products; Bovine Semen in Japan (FOB) - 2022
The average animal products; bovine semen export price stood at $957 per unit in 2022, dropping by -3.8% against the previous year. Overall, the export price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2014 an increase of 78% against the previous year. As a result, the export price attained the peak level of $3,383 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to -10.1% per year.
Imports of Animal Products; Bovine Semen in Japan
In 2022, imports of animal products; bovine semens into Japan dropped remarkably to 388 units, which is down by -38.4% on the year before. Over the period under review, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of 630 units, and then dropped significantly in the following year.
In value terms, animal products; bovine semen imports dropped significantly to $13M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $18M, and then shrank sharply in the following year.
| Import of Animal Products; Bovine Semen in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.0 | 10.6 | 12.2 | 9.5 | 1.8% |
| Canada | 2.6 | 2.6 | 3.0 | 3.1 | 6.0% |
| Netherlands | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Italy | 0.1 | 0.2 | 0.3 | 0.1 | 0.0% |
| United Kingdom | N/A | N/A | N/A | N/A | 0% |
| Others | 1.2 | 1.3 | 1.9 | 0.4 | -30.7% |
| Total | 13.3 | 15.1 | 18.0 | 13.5 | 0.5% |
Top Suppliers of Animal Products; Bovine Semen to Japan in 2022:
- United States (288.0 units)
- Canada (71.0 units)
- Netherlands (16.0 units)
- Italy (4.0 units)
Exports of Animal Products; Bovine Semen in Japan
In 2022, overseas shipments of animal products; bovine semens decreased by -63.2% to 28 units, falling for the second year in a row after two years of growth. Overall, exports showed a dramatic setback. The pace of growth was the most pronounced in 2020 when exports increased by 5.7% against the previous year. As a result, the exports reached the peak of 111 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, animal products; bovine semen exports contracted dramatically to $27K in 2022. Over the period under review, exports recorded a precipitous setback. The smallest decline of -11.1% was in 2020. Over the period under review, the exports reached the maximum at $106K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Animal Products; Bovine Semen in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 84.1 | 94.5 | 75.6 | 26.8 | -31.7% |
| Lao People's Democratic Republic | 21.2 | N/A | N/A | N/A | 0% |
| Others | 1.0 | N/A | N/A | N/A | 0% |
| Total | 106 | 94.5 | 75.6 | 26.8 | -36.8% |
Top Export Markets for Animal Products; Bovine Semen from Japan in 2022:
- Taiwan (Chinese) (28.0 units)
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