Price for Buffalo; Live, Other than Pure-Bred Breeding Animals in Vietnam - 2022

Contents:

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

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

The average import price for buffalo; live, other than pure-bred breeding animalses stood at $813 per unit in 2022, reducing by -43.2% against the previous year. Overall, the import price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2016 an increase of 37%. Over the period under review, average import prices hit record highs at $1,432 per unit in 2021, and then declined dramatically 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 Australia ($3,528 per unit), while the price for Thailand ($483 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+13.2%), while the prices for the other major suppliers experienced a decline.

Imports of Buffalo; Live, Other than Pure-Bred Breeding Animals in Vietnam

In 2022, the amount of buffalo; live, other than pure-bred breeding animalses imported into Vietnam contracted markedly to 10K units, reducing by -85.4% against the previous year's figure. In general, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Imports peaked at 76K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of buffalo; live, other than pure-bred breeding animalses reduced remarkably to $8.2M in 2022. Overall, imports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Imports peaked at $83M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Buffalo; Live, Other than Pure-Bred Breeding Animals in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lao People's Democratic RepublicN/AN/A46.27.1-84.6%
Thailand76.446.425.60.8-78.1%
Australia6.97.40.20.3-64.8%
OthersN/AN/AN/AN/A0%
Total83.353.872.08.2-53.8%

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

  1. Lao People's Democratic Republic (8.3K units)
  2. Thailand (1.7K units)
  3. Australia (0.1K units)

Source: IndexBox Market Intelligence Platform

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