Price for Animal Products; Bovine Semen in Spain - 2023
Contents:
- Price for Animal Products; Bovine Semen in Spain (CIF) - 2023
- Price for Animal Products; Bovine Semen in Spain (FOB) - 2022
- Imports of Animal Products; Bovine Semen in Spain
- Exports of Animal Products; Bovine Semen in Spain
Price for Animal Products; Bovine Semen in Spain (CIF) - 2023
In August 2023, the average animal products; bovine semen import price amounted to $853 per thousand units, jumping by 16% against the previous month. In general, import price indicated perceptible growth from August 2022 to August 2023: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, animal products; bovine semen import price increased by +23.9% against June 2023 indices. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 29% month-to-month. As a result, import price attained the peak level of $0.9 per unit. From April 2023 to August 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From August 2022 to August 2023, the rate of growth in terms of prices for the Netherlands amounted to +7.5% per month.
Price for Animal Products; Bovine Semen in Spain (FOB) - 2022
In 2022, the average animal products; bovine semen export price amounted to $361 per unit, remaining constant against the previous year. In general, the export price, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2015 an increase of 8.2% against the previous year. Over the period under review, the average export prices reached the maximum at $705 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($1,304 per unit), while the average price for exports to Italy ($136 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 Portugal (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Animal Products; Bovine Semen in Spain
In 2022, after three years of growth, there was significant decline in purchases abroad of animal products; bovine semens, when their volume decreased by -29.9% to 34K units. Overall, imports, however, recorded a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 111% against the previous year. As a result, imports attained the peak of 49K units, and then shrank notably in the following year.
In value terms, animal products; bovine semen imports contracted sharply to $9.1M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 24% against the previous year. Over the period under review, imports hit record highs at $11M in 2021, and then dropped notably in the following year.
| Import of Animal Products; Bovine Semen in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4,582 | 5,534 | 4,082 | 2,855 | -14.6% |
| Canada | 1,649 | 1,902 | 1,960 | 2,251 | 10.9% |
| United Kingdom | 1,555 | 1,624 | 1,669 | 1,110 | -10.6% |
| Netherlands | 49.0 | 241 | 1,858 | 1,052 | 177.9% |
| France | 517 | 834 | 900 | 865 | 18.7% |
| Denmark | 257 | 490 | 356 | 317 | 7.2% |
| Germany | 108 | 175 | 146 | 190 | 20.7% |
| Belgium | 136 | 208 | 176 | 168 | 7.3% |
| Portugal | 32.5 | 80.4 | 60.7 | 53.1 | 17.8% |
| Ireland | 49.5 | 59.3 | 38.3 | 23.9 | -21.5% |
| Czech Republic | 15.7 | 18.5 | 11.6 | 22.4 | 12.6% |
| Others | 205 | 160 | 152 | 161 | -7.7% |
| Total | 9,155 | 11,325 | 11,410 | 9,068 | -0.3% |
Top Suppliers of Animal Products; Bovine Semen to Spain in 2022:
- Netherlands (13.5K units)
- Belgium (4.9K units)
- Denmark (4.4K units)
- United Kingdom (3.3K units)
- Germany (2.8K units)
- Canada (1.6K units)
- United States (1.1K units)
- France (0.9K units)
- Ireland (0.6K units)
- Czech Republic (0.4K units)
- Portugal (0.4K units)
Exports of Animal Products; Bovine Semen in Spain
In 2022, shipments abroad of animal products; bovine semens decreased by -17% to 8K units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 50%. Over the period under review, the exports hit record highs at 9.7K units in 2021, and then declined remarkably in the following year.
In value terms, animal products; bovine semen exports dropped dramatically to $2.9M in 2022. The total export value increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 43% against the previous year. As a result, the exports attained the peak of $3.5M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Animal Products; Bovine Semen in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 357 | 581 | 802 | 592 | 18.4% |
| Finland | 148 | 149 | 171 | 341 | 32.1% |
| Portugal | 143 | 251 | 410 | 296 | 27.4% |
| Mexico | 481 | 513 | 390 | 251 | -19.5% |
| Turkey | 63.5 | 254 | 186 | 224 | 52.2% |
| France | 600 | 761 | 471 | 187 | -32.2% |
| Brazil | 261 | 272 | 191 | 129 | -20.9% |
| Denmark | N/A | N/A | 73.7 | 104 | 41.1% |
| Belgium | 66.5 | 99.1 | 141 | 81.6 | 7.1% |
| Italy | 59.7 | 79.2 | 133 | 80.1 | 10.3% |
| Peru | 40.8 | 78.5 | 83.2 | 77.3 | 23.7% |
| Netherlands | 48.7 | 59.8 | 96.2 | 69.0 | 12.3% |
| Switzerland | 3.6 | N/A | N/A | 43.3 | 129.1% |
| Others | 144 | 364 | 299 | 423 | 43.2% |
| Total | 2,416 | 3,462 | 3,447 | 2,898 | 6.3% |
Top Export Markets for Animal Products; Bovine Semen from Spain in 2022:
- Poland (3502.0 units)
- Italy (588.0 units)
- Turkey (536.0 units)
- Netherlands (413.0 units)
- Finland (411.0 units)
- Belgium (358.0 units)
- France (290.0 units)
- Brazil (255.0 units)
- Denmark (252.0 units)
- Portugal (227.0 units)
- Mexico (227.0 units)
- Peru (146.0 units)
- Switzerland (140.0 units)
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