Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Venezuela - 2022

Contents:

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

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

In 2022, the average import price for cattle; live, other than pure-bred breeding animalses amounted to $2,778 per unit, shrinking by -16.6% against the previous year. In general, the import price, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2020 an increase of 43%. Over the period under review, average import prices reached the peak figure at $3,333 per unit in 2021, and then contracted sharply in the following year.

As there is only one major supplying country, the average price level is determined by prices for Nicaragua.

From 2012 to 2022, the rate of growth in terms of prices for Nicaragua amounted to +12.5% per year.

Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Venezuela

In 2022, after two years of decline, there was significant growth in supplies from abroad of cattle; live, other than pure-bred breeding animalses, when their volume increased by 12% to 5.8K units. In general, imports, however, showed a abrupt descent. Over the period under review, imports of hit record highs at 8K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of cattle; live, other than pure-bred breeding animalses shrank to $16M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of $17M, and then declined in the following year.

Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Venezuela (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua13.114.917.016.06.9%
OthersN/AN/AN/AN/A0%
Total13.114.917.016.06.9%

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

  1. Nicaragua (5.8K units)

Source: IndexBox Market Intelligence Platform

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Free Data: Cattle; live, other than pure-bred breeding animals - Venezuela