Price for Cattle; Live, Pure-Bred Breeding Animals in Colombia - 2022

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

In 2022, the average import price for cattle; live, pure-bred breeding animalses amounted to $2,158 per unit, picking up by 18% against the previous year. Over the period under review, the import price, however, saw a perceptible reduction. The growth pace was the most rapid in 2013 an increase of 60% against the previous year. As a result, import price reached the peak level of $4,784 per unit. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($2,575 per unit), while the price for the United States ($1,005 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-1.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for cattle; live, pure-bred breeding animalses stood at $1,602 per unit in 2022, growing by 1.9% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2020 an increase of 8,046%. As a result, the export price attained the peak level of $138,251 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to -9.7% per year.

Imports of Cattle; Live, Pure-Bred Breeding Animals in Colombia

After two years of decline, supplies from abroad of cattle; live, pure-bred breeding animalses increased by 189% to 55 units in 2022. In general, imports, however, saw a significant curtailment. Over the period under review, imports hit record highs at 169 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, cattle; live, pure-bred breeding animals imports skyrocketed to $119K in 2022. Overall, imports, however, continue to indicate a sharp slump. Over the period under review, imports hit record highs at $315K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Cattle; Live, Pure-Bred Breeding Animals in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	27.7	107	22.2	87.5	46.7%
Argentina	26.5	33.4	6.3	23.1	-4.5%
United States	261	61.9	2.4	8.0	-68.7%
Others	N/A	N/A	3.7	N/A	0%
Total	315	203	34.6	119	-27.7%

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

Canada (34.0 units)
Argentina (13.0 units)
United States (8.0 units)

Exports of Cattle; Live, Pure-Bred Breeding Animals in Colombia

Cattle; live, pure-bred breeding animals exports from Colombia fell to 1.6K units in 2022, with a decrease of -2.1% on 2021. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 8,739% against the previous year. As a result, the exports attained the peak of 1.6K units, and then contracted modestly in the following year.

In value terms, cattle; live, pure-bred breeding animals exports dropped slightly to $2.5M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +98.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 98%. Over the period under review, the exports reached the peak figure at $2.5M in 2021, and then dropped slightly in the following year.