Price for Cattle; Live, Pure-Bred Breeding Animals in the UK - 2023
Contents:
- Price for Cattle; Live, Pure-Bred Breeding Animals in the UK (CIF) - 2023
- Price for Cattle; Live, Pure-Bred Breeding Animals in the UK (FOB) - 2022
- Imports of Cattle; Live, Pure-Bred Breeding Animals in the UK
- Exports of Cattle; Live, Pure-Bred Breeding Animals in the UK
Price for Cattle; Live, Pure-Bred Breeding Animals in the UK (CIF) - 2023
The average import price for cattle; live, pure-bred breeding animalses stood at $1,841 per unit in August 2023, waning by -5.8% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 105% against the previous month. Over the period under review, average import prices hit record highs at $2,258 per unit in June 2023; afterwards, it flattened through to August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($2,385 per unit), while the price for the Netherlands ($929 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cattle; Live, Pure-Bred Breeding Animals in the UK (FOB) - 2022
In 2022, the average export price for cattle; live, pure-bred breeding animalses amounted to $3,564 per unit, increasing by 25% against the previous year. Overall, the export price enjoyed a strong increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 1,085% against the previous year. As a result, the export price reached the peak level of $6,848 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,592 per unit), while the average price for exports to Hong Kong SAR ($937 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+318.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cattle; Live, Pure-Bred Breeding Animals in the UK
In 2022, cattle; live, pure-bred breeding animals imports into the UK surged to 15K units, picking up by 838% on the previous year's figure. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cattle; live, pure-bred breeding animals imports skyrocketed to $24M in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Cattle; Live, Pure-Bred Breeding Animals in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | N/A | N/A | N/A | 7.6 | 0% |
Germany | 5.4 | 1.4 | 1.5 | 5.3 | -0.6% |
Denmark | N/A | N/A | N/A | 5.0 | 0% |
Netherlands | N/A | N/A | N/A | 3.7 | 0% |
Poland | N/A | N/A | N/A | 1.5 | 0% |
France | N/A | N/A | N/A | 1.0 | 0% |
Belgium | 0.2 | N/A | 1.4 | N/A | 164.6% |
Italy | N/A | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | 0.3 | 0% |
Total | 5.7 | 1.4 | 2.9 | 24.4 | 62.4% |
Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to the UK in 2022:
- Ireland (4.5K units)
- Denmark (3.8K units)
- Germany (2.8K units)
- Netherlands (1.7K units)
- Italy (1.0K units)
- Poland (0.8K units)
- France (0.4K units)
Exports of Cattle; Live, Pure-Bred Breeding Animals in the UK
In 2022, approx. 167 units of cattle; live, pure-bred breeding animalses were exported from the UK; reducing by -13.9% compared with 2021. Over the period under review, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 3,133% against the previous year. Over the period under review, the exports hit record highs at 396 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, cattle; live, pure-bred breeding animals exports rose notably to $595K in 2022. Overall, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,546%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Cattle; Live, Pure-Bred Breeding Animals in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | N/A | 44.2 | 312 | 605.9% |
Netherlands | N/A | N/A | 43.5 | 105 | 141.4% |
Ireland | 242 | N/A | 248 | 54.7 | -39.1% |
Italy | N/A | N/A | 29.7 | 28.4 | -4.4% |
Spain | N/A | N/A | 14.2 | 28.1 | 97.9% |
Switzerland | 67.3 | 28.7 | N/A | 10.2 | -46.7% |
Hong Kong SAR | 3.6 | N/A | N/A | 5.6 | 15.9% |
Japan | N/A | N/A | 4.1 | N/A | 0% |
United States | N/A | N/A | 50.4 | N/A | 0% |
Singapore | 26.4 | N/A | N/A | N/A | 0% |
Turkey | 44.6 | N/A | 5.1 | N/A | -66.2% |
Others | 63.5 | 4.8 | 113 | 50.8 | -7.2% |
Total | 448 | 33.5 | 552 | 595 | 9.9% |
Top Export Markets for Cattle; Live, Pure-Bred Breeding Animals from the UK in 2022:
- Germany (68.0 units)
- Netherlands (32.0 units)
- Ireland (25.0 units)
- Spain (16.0 units)
- Italy (9.0 units)
- Hong Kong SAR (6.0 units)
- Switzerland (1.0 units)
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