Bovine Animals; Live Price in China - 2023
Contents:
- Bovine Animals; Live Price in China (CIF) - 2023
- Bovine Animals; Live Price in China (FOB) - 2022
- Bovine Animals; Live Imports in China
- Bovine Animals; Live Exports in China
Bovine Animals; Live Price in China (CIF) - 2023
The average bovine animals; live import price stood at $1,261 per unit in September 2023, falling by -31.1% against the previous month. Overall, the import price saw a deep setback. The pace of growth appeared the most rapid in February 2023 an increase of 41% month-to-month. As a result, import price reached the peak level of $3,025 per unit; afterwards, it flattened through to September 2023.
As there is only one major supplying country, the average price level is determined by prices for Uruguay.
From September 2022 to September 2023, the rate of growth in terms of prices for Uruguay amounted to -1.4% per month.
Bovine Animals; Live Price in China (FOB) - 2022
China has no trade partners to describe.
Bovine Animals; Live Imports in China
After three years of growth, purchases abroad of bovine animals; lives decreased by -35.1% to 381K units in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. As a result, imports attained the peak of 586K units, and then fell rapidly in the following year.
In value terms, bovine animals; live imports reached $804M in 2022. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 64%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Bovine Animals; Live in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 160 | 264 | 303 | 368 | 32.0% |
| New Zealand | 34.6 | 181 | 260 | 299 | 105.2% |
| Uruguay | 5.1 | 20.8 | 175 | 93.0 | 163.2% |
| Chile | N/A | 22.1 | 57.2 | 43.6 | 40.5% |
| Myanmar | 136 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 3.8 | N/A | 0% |
| Total | 335 | 487 | 798 | 804 | 33.9% |
Top Suppliers of Bovine Animals; Live to China in 2022:
- New Zealand (140.7K units)
- Australia (130.7K units)
- Uruguay (57.6K units)
- Chile (51.7K units)
Bovine Animals; Live Exports in China
For the third year in a row, China recorded decline in shipments abroad of bovine animals; lives, which decreased by -74.4% to 13K units in 2022. In general, exports saw a precipitous shrinkage. The smallest decline of -3.7% was in 2020. The exports peaked at 60K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, bovine animals; live exports contracted to $53M in 2022. Overall, exports showed a slight shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 3.2% against the previous year. The exports peaked at $59M in 2021, and then shrank in the following year.
| Export of Bovine Animals; Live in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 50.4 | N/A | N/A | N/A | 0% |
| Macao SAR | 5.8 | N/A | N/A | N/A | 0% |
| Others | N/A | 58.0 | 58.5 | 53.2 | -4.2% |
| Total | 56.2 | 58.0 | 58.5 | 53.2 | -1.8% |
Top Export Markets for Bovine Animals; Live from China in 2022:
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