Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Thailand - 2024
Contents:
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Thailand (FOB) - 2024
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Thailand (CIF) - 2022
- Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Thailand
- Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Thailand
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Thailand (FOB) - 2024
In November 2023, the average export price for cattle; live, other than pure-bred breeding animalses amounted to $635 per unit, with an increase of 4.5% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 4.8% month-to-month. Over the period under review, the average export prices hit record highs at $688 per unit in January 2023; however, from February 2023 to November 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In November 2023, the countries with the highest prices were Lao People's Democratic Republic ($717 per unit) and Myanmar ($652 per unit), while the average price for exports to Vietnam ($522 per unit) and Malaysia ($530 per unit) were amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (0.0%), while the prices for the other major destinations experienced a decline.
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Thailand (CIF) - 2022
The average import price for cattle; live, other than pure-bred breeding animalses stood at $507 per unit in 2022, shrinking by -51.5% against the previous year. Overall, the import price, however, saw prominent growth. The growth pace was the most rapid in 2021 when the average import price increased by 125%. As a result, import price reached the peak level of $1,047 per unit, and then plummeted in the following year.
As there is only one major supplying country, the average price level is determined by prices for Myanmar.
From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +9.9% per year.
Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Thailand
In 2022, the amount of cattle; live, other than pure-bred breeding animalses exported from Thailand totaled 159K units, standing approx. at the previous year's figure. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 16%. As a result, the exports reached the peak of 179K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cattle; live, other than pure-bred breeding animalses rose notably to $96M in 2022. Overall, exports, however, saw a abrupt contraction. Over the period under review, the exports of attained the maximum at $115M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 3.5 | 18.3 | 42.8 | 60.8 | 159.0% |
| Lao People's Democratic Republic | 103 | 64.4 | 37.6 | 19.4 | -42.7% |
| Malaysia | 7.8 | 9.2 | 7.9 | 9.0 | 4.9% |
| Cambodia | 0.6 | 7.0 | 0.6 | 5.8 | 113.0% |
| Myanmar | N/A | 9.4 | 1.7 | 0.9 | -69.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 115 | 108 | 90.6 | 96.0 | -5.8% |
Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Thailand in 2022:
- Vietnam (96.0K units)
- Lao People's Democratic Republic (37.1K units)
- Malaysia (15.1K units)
- Cambodia (8.8K units)
- Myanmar (1.5K units)
Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Thailand
In 2022, imports of cattle; live, other than pure-bred breeding animalses into Thailand soared to 147K units, growing by 4,733% against the previous year's figure. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cattle; live, other than pure-bred breeding animalses surged to $75M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 38.3 | 26.4 | 0.4 | 72.0 | 23.4% |
| Australia | 1.9 | 2.2 | 2.8 | 2.7 | 12.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 40.1 | 28.6 | 3.2 | 74.6 | 23.0% |
Top Suppliers of Cattle; Live, Other than Pure-Bred Breeding Animals to Thailand in 2022:
- Myanmar (145.0K units)
- Australia (2.0K units)
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