Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Algeria - 2022

Contents:

  1. Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Algeria (CIF) - 2022
  2. Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Algeria

Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Algeria (CIF) - 2022

The average import price for bovine animals; live, other than pure-bred breeding animalses stood at $1,386 per unit in 2022, almost unchanged from the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for bovine animals; live, other than pure-bred breeding animalses increased by +51.1% against 2016 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 17%. Over the period under review, average import prices hit record highs at $1,394 per unit in 2021, and then declined slightly in the following year.

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 Austria ($10,750 per unit), while the price for France ($570 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+18.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Algeria

Imports of bovine animals; live, other than pure-bred breeding animalses into Algeria soared to 3.4K units in 2022, increasing by 39% against the previous year. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.5% 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 decreased by -21.8% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 63% against the previous year. As a result, imports reached the peak of 4.4K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of bovine animals; live, other than pure-bred breeding animalses soared to $4.8M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.6% 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 decreased by -21.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 73% against the previous year. As a result, imports attained the peak of $6.1M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria1.62.11.72.312.9%
Spain0.81.81.52.035.7%
France0.40.40.30.3-9.1%
Others0.81.8N/A0.3-27.9%
Total3.56.13.54.811.1%

Top Suppliers of Bovine Animals; Live, Other than Pure-Bred Breeding Animals to Algeria in 2022:

  1. Spain (2281.0 units)
  2. France (474.0 units)
  3. Austria (210.0 units)

Source: IndexBox Market Intelligence Platform

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