Price for Cattle; Live, Other than Pure-Bred Breeding Animals in the UK - 2023
Contents:
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in the UK (CIF) - 2023
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in the UK (FOB) - 2022
- Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in the UK
- Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in the UK
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in the UK (CIF) - 2023
The average import price for cattle; live, other than pure-bred breeding animalses stood at $1,322 per unit in November 2023, which is down by -41.3% against the previous month. In general, the import price saw a perceptible contraction. The pace of growth appeared the most rapid in April 2023 an increase of 51% m-o-m. As a result, import price reached the peak level of $3,081 per unit; afterwards, it flattened through to November 2023.
As there is only one major supplying country, the average price level is determined by prices for Ireland.
From December 2022 to November 2023, the rate of growth in terms of prices for Ireland amounted to -3.6% per month.
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in the UK (FOB) - 2022
The average export price for cattle; live, other than pure-bred breeding animalses stood at $298 per unit in 2022, declining by -9.8% against the previous year. Over the period under review, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 79% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,222 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($2,386 per unit), while the average price for exports to Spain amounted to $214 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in the UK
In 2022, supplies from abroad of cattle; live, other than pure-bred breeding animalses decreased by -14.2% to 17K units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 42% against the previous year. As a result, imports reached the peak of 25K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of cattle; live, other than pure-bred breeding animalses rose slightly to $34M in 2022. The total import value increased at an average annual rate of +14.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Cattle; Live, Other than Pure-Bred Breeding Animals in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 12.8 | 19.4 | 28.0 | 31.9 | 35.6% |
| Germany | 9.7 | 11.7 | 5.0 | 1.7 | -44.0% |
| Spain | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 22.5 | 31.2 | 33.1 | 33.6 | 14.3% |
Top Suppliers of Cattle; Live, Other than Pure-Bred Breeding Animals to the UK in 2022:
- Ireland (16.4K units)
- Germany (1.0K units)
Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in the UK
For the third consecutive year, the UK recorded decline in overseas shipments of cattle; live, other than pure-bred breeding animalses, which decreased by -84.4% to 305 units in 2022. Over the period under review, exports showed a precipitous descent. The smallest decline of -45.3% was in 2020. Over the period under review, the exports of attained the maximum at 12K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of cattle; live, other than pure-bred breeding animalses dropped sharply to $91K in 2022. In general, exports showed a sharp setback. The smallest decline of -35.5% was in 2020. The exports peaked at $1.8M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Cattle; Live, Other than Pure-Bred Breeding Animals in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,594 | 1,109 | 509 | 62.7 | -66.0% |
| Ireland | 127 | 16.1 | 60.6 | 26.2 | -40.9% |
| Belgium | 40.7 | N/A | N/A | N/A | 0% |
| Netherlands | 68.5 | N/A | N/A | N/A | 0% |
| Others | 3.4 | 57.4 | 77.5 | 1.9 | -17.6% |
| Total | 1,833 | 1,183 | 647 | 90.9 | -63.3% |
Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from the UK in 2022:
- Spain (293.0 units)
- Ireland (11.0 units)
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