Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Vietnam - 2022
Contents:
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Vietnam (CIF) - 2022
- Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Vietnam
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Vietnam (CIF) - 2022
The average import price for bovine animals; live, other than pure-bred breeding animalses stood at $1,342 per unit in 2022, growing by 16% against the previous year. Over the last decade, it increased at an average annual rate of +4.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($1,877 per unit), while the price for Australia ($765 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+49.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Vietnam
In 2022, after three years of growth, there was significant decline in overseas purchases of bovine animals; live, other than pure-bred breeding animalses, when their volume decreased by -20.5% to 3.5K units. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.3% 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 +20.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. As a result, imports reached the peak of 4.5K units, and then declined significantly in the following year.
In value terms, imports of bovine animals; live, other than pure-bred breeding animalses fell to $4.7M in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 18% against the previous year. Imports peaked at $5.1M in 2021, and then fell in the following year.
| Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lao People's Democratic Republic | N/A | N/A | N/A | 4.7 | 0% |
| Thailand | 0.4 | 0.6 | 0.8 | N/A | 41.4% |
| South Africa | 0.9 | 1.4 | 2.0 | N/A | 49.1% |
| Australia | 2.4 | 2.4 | 2.4 | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.7 | 4.4 | 5.1 | 4.7 | 8.3% |
Top Suppliers of Bovine Animals; Live, Other than Pure-Bred Breeding Animals to Vietnam in 2022:
- Lao People's Democratic Republic (3515.0 units)
- Australia (12.0 units)
- South Africa (6.0 units)
- Thailand (3.0 units)
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