Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Egypt - 2023

Contents:

  1. Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Egypt (CIF) - 2022
  2. Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Egypt (FOB) - 2022
  3. Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Egypt
  4. Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Egypt

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

In 2022, the average import price for bovine animals; live, other than pure-bred breeding animalses amounted to $1,075 per unit, surging by 16% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% 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 +8.2% against 2019 indices. The growth pace was the most rapid in 2019 when the average import price increased by 42%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Ukraine ($1,075 per unit) and Hungary ($1,075 per unit), while the price for Spain ($1,075 per unit) and Brazil ($1,075 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for bovine animals; live, other than pure-bred breeding animalses stood at $1,209 per unit in 2022, growing by 6.2% against the previous year. Overall, the export price saw a significant increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 980%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to +79.9% per year.

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

After three years of growth, supplies from abroad of bovine animals; live, other than pure-bred breeding animalses decreased by -29.3% to 186K units in 2022. Overall, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 89%. As a result, imports reached the peak of 263K units, and then contracted remarkably in the following year.

In value terms, imports of bovine animals; live, other than pure-bred breeding animalses declined remarkably to $200M in 2022. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 91% against the previous year. As a result, imports reached the peak of $244M, and then contracted remarkably in the following year.

Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ColombiaN/A42.796.596.950.6%
Sudan45.921.919.253.04.9%
UruguayN/AN/A20.716.3-21.3%
Brazil49.651.6N/A14.0-34.4%
SpainN/AN/AN/A8.80%
Hungary1.17.910.24.256.3%
Ukraine7.52.97.53.9-19.6%
VenezuelaN/AN/A75.7N/A0%
Others5.80.714.22.8-21.6%
Total11012824420022.1%

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

  1. Colombia (90.2K units)
  2. Sudan (49.3K units)
  3. Uruguay (15.2K units)
  4. Brazil (13.0K units)
  5. Spain (8.2K units)
  6. Hungary (3.9K units)
  7. Ukraine (3.6K units)

Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Egypt

For the fourth consecutive year, Egypt recorded growth in shipments abroad of bovine animals; live, other than pure-bred breeding animalses, which increased by 222% to 12K units in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of bovine animals; live, other than pure-bred breeding animalses soared to $14M in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Palestine2.02.64.114.191.7%
OthersN/AN/AN/AN/A0%
Total2.02.64.114.191.7%

Top Export Markets for Bovine Animals; Live, Other than Pure-Bred Breeding Animals from Egypt in 2022:

  1. Palestine (11.7K units)

Source: IndexBox Market Intelligence Platform

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