Price for Animal Products; Bovine Semen in Paraguay - 2023

Contents:

  1. Price for Animal Products; Bovine Semen in Paraguay (CIF) - 2022
  2. Price for Animal Products; Bovine Semen in Paraguay (FOB) - 2022
  3. Imports of Animal Products; Bovine Semen in Paraguay
  4. Exports of Animal Products; Bovine Semen in Paraguay

Price for Animal Products; Bovine Semen in Paraguay (CIF) - 2022

In 2022, the average animal products; bovine semen import price amounted to $3,144 per unit, surging by 17% against the previous year. In general, the import price saw buoyant growth. The most prominent rate of growth was recorded in 2014 an increase of 42% against the previous year. Over the period under review, average import prices reached the peak figure at $3,213 per unit in 2020; however, from 2021 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 Uruguay ($10,052 per unit), while the price for the United States ($2,137 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Animal Products; Bovine Semen in Paraguay (FOB) - 2022

The average animal products; bovine semen export price stood at $1,771 per unit in 2022, picking up by 14% against the previous year. In general, the export price showed a prominent expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 94%. The export price peaked at $1,863 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +8.6% per year.

Imports of Animal Products; Bovine Semen in Paraguay

In 2022, imports of animal products; bovine semens into Paraguay reduced dramatically to 999 units, dropping by -16.3% against the year before. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 83%. As a result, imports attained the peak of 1.2K units, and then fell notably in the following year.

In value terms, animal products; bovine semen imports contracted modestly to $3.1M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 53% against the previous year. As a result, imports attained the peak of $3.2M, and then reduced modestly in the following year.

Import of Animal Products; Bovine Semen in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina8717068461,1299.0%
United States6084871,05888513.3%
Brazil42631145966616.1%
Uruguay25.462.4131211102.5%
South Africa307350437N/A19.3%
Others17717826525112.3%
Total2,4142,0953,1963,1419.2%

Top Suppliers of Animal Products; Bovine Semen to Paraguay in 2022:

  1. United States (414.0 units)
  2. Argentina (294.0 units)
  3. Brazil (233.0 units)
  4. Uruguay (21.0 units)

Exports of Animal Products; Bovine Semen in Paraguay

In 2022, overseas shipments of animal products; bovine semens decreased by -22.2% to 7 units, falling for the second year in a row after two years of growth. Overall, exports showed a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 76%. As a result, the exports reached the peak of 72 units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, animal products; bovine semen exports dropped to $12K in 2022. Over the period under review, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 155% against the previous year. As a result, the exports reached the peak of $58K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Animal Products; Bovine Semen in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina22.717.414.012.4-18.3%
BoliviaN/A40.4N/AN/A0%
OthersN/AN/AN/AN/A0%
Total22.757.814.012.4-18.3%

Top Export Markets for Animal Products; Bovine Semen from Paraguay in 2022:

  1. Argentina (7.0 units)

Source: IndexBox Market Intelligence Platform

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