Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in the Philippines - 2022
Contents:
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in the Philippines (CIF) - 2022
- Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in the Philippines
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in the Philippines (CIF) - 2022
In 2022, the average import price for bovine animals; live, other than pure-bred breeding animalses amounted to $142 per unit, with a decrease of -80.1% against the previous year. Overall, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 an increase of 41%. The import price peaked at $1,210 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +20.2% per year.
Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in the Philippines
In 2022, the amount of bovine animals; live, other than pure-bred breeding animalses imported into the Philippines fell sharply to 11 units, declining by -97.8% compared with 2021 figures. In general, imports faced a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 5.6% against the previous year. Over the period under review, imports of hit record highs at 692 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of bovine animals; live, other than pure-bred breeding animalses declined notably to $1.6K in 2022. Over the period under review, imports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 13%. Over the period under review, imports of hit record highs at $612K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 1.6 | 0% |
| Australia | 82.2 | 32.6 | 28.5 | N/A | -41.1% |
| New Zealand | 530 | 279 | 323 | N/A | -21.9% |
| Others | N/A | N/A | 0.7 | N/A | 0% |
| Total | 612 | 312 | 352 | 1.6 | -86.2% |
Top Suppliers of Bovine Animals; Live, Other than Pure-Bred Breeding Animals to the Philippines in 2022:
- China (11.0 units)
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