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

Contents:

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

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

In 2022, the average import price for cattle; live, pure-bred breeding animalses amounted to $2,443 per unit, rising by 6.5% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cattle; live, pure-bred breeding animals import price decreased by -12.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 59%. Over the period under review, average import prices hit record highs at $3,490 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to +1.3% per year.

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

The average export price for cattle; live, pure-bred breeding animalses stood at $2,582 per unit in 2022, growing by 19% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cattle; live, pure-bred breeding animals export price increased by +16.4% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to +2.0% per year.

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

After two years of decline, supplies from abroad of cattle; live, pure-bred breeding animalses increased by 12% to 76 units in 2022. In general, imports, however, continue to indicate a abrupt shrinkage. Over the period under review, imports attained the peak figure at 106 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, cattle; live, pure-bred breeding animals imports surged to $186K in 2022. Over the period under review, imports, however, continue to indicate a drastic downturn. Imports peaked at $297K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Cattle; Live, Pure-Bred Breeding Animals in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burkina Faso297215156186-14.4%
OthersN/AN/AN/AN/A0%
Total297215156186-14.4%

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

  1. Burkina Faso (76.0 units)

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

After three years of growth, shipments abroad of cattle; live, pure-bred breeding animalses decreased by -33.3% to 2 units in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 100% against the previous year. The exports peaked at 3 units in 2021, and then fell rapidly in the following year.

In value terms, cattle; live, pure-bred breeding animals exports declined remarkably to $5.2K in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 72%. As a result, the exports attained the peak of $6.5K, and then declined remarkably in the following year.

Export of Cattle; Live, Pure-Bred Breeding Animals in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire2.23.86.55.233.2%
OthersN/AN/AN/AN/A0%
Total2.23.86.55.233.2%

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

  1. Cote d'Ivoire (2.0 units)

Source: IndexBox Market Intelligence Platform

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