Bovine Animals; Live Price in Sri Lanka - 2021
Contents:
- Bovine Animals; Live Price in Sri Lanka (CIF) - 2022
- Bovine Animals; Live Price in Sri Lanka (FOB) - 2022
- Bovine Animals; Live Imports in Sri Lanka
- Bovine Animals; Live Exports in Sri Lanka
Bovine Animals; Live Price in Sri Lanka (CIF) - 2022
In 2022, the average bovine animals; live import price amounted to $1,777 per unit, shrinking by -14.4% against the previous year. Over the period under review, the import price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2020 when the average import price increased by 67%. Over the period under review, average import prices attained the maximum at $2,335 per unit in 2014; however, from 2015 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 Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -2.2% per year.
Bovine Animals; Live Price in Sri Lanka (FOB) - 2022
The average bovine animals; live export price stood at $64 per unit in 2022, remaining relatively unchanged against the previous year. In general, the export price continues to indicate mild growth. The growth pace was the most rapid in 2020 when the average export price increased by 69%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($70 per unit), while the average price for exports to Singapore amounted to $4.3 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Seychelles (+23.0%), while the prices for the other major destinations experienced mixed trend patterns.
Bovine Animals; Live Imports in Sri Lanka
Bovine animals; live imports into Sri Lanka totaled 127 units in 2022, approximately mirroring 2021. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 0.8% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, bovine animals; live imports reduced to $226K in 2022. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 68%. Imports peaked at $264K in 2021, and then fell in the following year.
| Import of Bovine Animals; Live in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 112 | 188 | 264 | 226 | 26.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 112 | 188 | 264 | 226 | 26.4% |
Top Suppliers of Bovine Animals; Live to Sri Lanka in 2022:
- Australia (125.0 units)
Bovine Animals; Live Exports in Sri Lanka
In 2022, the amount of bovine animals; lives exported from Sri Lanka soared to 32 units, jumping by 540% compared with 2021 figures. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, bovine animals; live exports soared to $2K in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Bovine Animals; Live in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 46.0 | 21.0 | 60.0 | 2,019 | 252.7% |
| Singapore | N/A | N/A | N/A | 13.0 | 0% |
| Seychelles | N/A | 102 | 251 | N/A | 146.1% |
| United States | 3.0 | 1.0 | 1.0 | N/A | -42.3% |
| United Arab Emirates | N/A | N/A | 4.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 49.0 | 124 | 316 | 2,032 | 246.1% |
Top Export Markets for Bovine Animals; Live from Sri Lanka in 2022:
- Maldives (29.0 units)
- Singapore (3.0 units)
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