Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Australia - 2024
Contents:
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Australia (FOB) - 2024
- Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Australia
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Australia (FOB) - 2024
In December 2023, the average export price for cattle; live, other than pure-bred breeding animalses amounted to $695 per unit, waning by -11% against the previous month. In general, the export price saw a abrupt curtailment. The growth pace was the most rapid in March 2023 an increase of 6.9% against the previous month. The export price peaked at $1,253 per unit in January 2023; however, from February 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Vietnam ($1,035 per unit), while the average price for exports to Indonesia ($602 per unit) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (0.0%), while the prices for the other major destinations experienced a decline.
Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Australia
For the third consecutive year, Australia recorded decline in overseas shipments of cattle; live, other than pure-bred breeding animalses, which decreased by -34.2% to 456K units in 2022. Over the period under review, exports showed a dramatic slump. The smallest decline of -16.1% was in 2020. Over the period under review, the exports of reached the maximum at 1.2M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of cattle; live, other than pure-bred breeding animalses fell notably to $555M in 2022. Overall, exports faced a abrupt descent. The smallest decline of -10.5% was in 2020. Over the period under review, the exports of hit record highs at $1B in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 470 | 353 | 445 | 385 | -6.4% |
| Vietnam | 336 | 352 | 243 | 73.1 | -39.9% |
| Israel | 53.9 | 36.7 | 26.6 | 34.9 | -13.5% |
| China | 65.6 | 45.4 | 7.4 | 16.9 | -36.4% |
| Brunei Darussalam | 4.2 | 8.4 | 15.9 | 9.6 | 31.7% |
| Philippines | 10.1 | 13.3 | 23.1 | 8.9 | -4.1% |
| Malaysia | 17.7 | 23.7 | 27.9 | 8.3 | -22.3% |
| Russia | 40.2 | 42.3 | N/A | N/A | 5.2% |
| Others | 31.5 | 45.9 | 29.1 | 18.2 | -16.7% |
| Total | 1,029 | 920 | 818 | 555 | -18.6% |
Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Australia in 2022:
- Indonesia (331.0K units)
- Vietnam (55.9K units)
- Israel (28.3K units)
- Philippines (7.4K units)
- Brunei Darussalam (7.4K units)
- Malaysia (7.4K units)
- China (7.4K units)
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