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

Contents:

  1. Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Vietnam (CIF) - 2022
  2. Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Vietnam (FOB) - 2022
  3. Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Vietnam
  4. Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Vietnam

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

The average import price for cattle; live, other than pure-bred breeding animalses stood at $1,040 per unit in 2022, picking up by 6.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 24% against the previous year. As a result, import price reached the peak level of $1,138 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($1,040 per unit), while the price for Thailand totaled $1,040 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.4%).

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

The average export price for cattle; live, other than pure-bred breeding animalses stood at $999 per unit in 2022, picking up by 6.1% against the previous year. Overall, the export price, however, showed a slight setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 8% against the previous year. The export price peaked at $1,110 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Cambodia.

From 2014 to 2022, the rate of growth in terms of prices for Cambodia amounted to -1.2% per year.

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

In 2022, purchases abroad of cattle; live, other than pure-bred breeding animalses decreased by -54.2% to 212K units, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a significant contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. As a result, imports reached the peak of 766K 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 fell sharply to $221M in 2022. In general, imports saw a precipitous contraction. The growth pace was the most rapid in 2020 with an increase of 15% against the previous year. As a result, imports attained the peak of $635M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand146179118115-7.6%
Australia398446299106-35.7%
Others8.310.335.10.1-77.1%
Total553635452221-26.3%

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

  1. Thailand (110.8K units)
  2. Australia (101.6K units)

Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Vietnam

In 2022, the amount of cattle; live, other than pure-bred breeding animalses exported from Vietnam soared to 2.2K units, increasing by 443% compared with the year before. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cattle; live, other than pure-bred breeding animalses surged to $2.2M in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Vietnam (Million USD)
COUNTRY202020212022CAGR,
2020-2022
CambodiaN/AN/A2.20%
Lao People's Democratic Republic0.70.4N/A-42.9%
OthersN/AN/AN/A0%
Total0.70.42.277.3%

Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Vietnam in 2022:

  1. Cambodia (2.2K units)

Source: IndexBox Market Intelligence Platform

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