Price for Animal Products; Bovine Semen in Brazil - 2023
Contents:
- Price for Animal Products; Bovine Semen in Brazil (CIF) - 2023
- Price for Animal Products; Bovine Semen in Brazil (FOB) - 2022
- Imports of Animal Products; Bovine Semen in Brazil
- Exports of Animal Products; Bovine Semen in Brazil
Price for Animal Products; Bovine Semen in Brazil (CIF) - 2023
The average animal products; bovine semen import price stood at $5,884 per unit in October 2023, growing by 8.1% against the previous month. In general, import price indicated a modest increase from October 2022 to October 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, animal products; bovine semen import price increased by +21.0% against August 2023 indices. The pace of growth appeared the most rapid in January 2023 an increase of 49% month-to-month. As a result, import price attained the peak level of $7,758 per unit; afterwards, it flattened through to October 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($6,495 per unit), while the price for France ($2,662 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Animal Products; Bovine Semen in Brazil (FOB) - 2022
In 2022, the average animal products; bovine semen export price amounted to $6,133 per unit, surging by 14% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 20% against the previous year. As a result, the export price attained the peak level of $6,232 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($10,308 per unit), while the average price for exports to Paraguay ($4,716 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 Argentina (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Animal Products; Bovine Semen in Brazil
In 2022, purchases abroad of animal products; bovine semens decreased by -37.9% to 9.3K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 80% against the previous year. As a result, imports attained the peak of 15K units, and then fell rapidly in the following year.
In value terms, animal products; bovine semen imports contracted markedly to $29M in 2022. Over the period under review, imports saw a noticeable slump. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of $45M, and then dropped rapidly in the following year.
| Import of Animal Products; Bovine Semen in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.0 | 27.6 | 31.8 | 19.2 | -4.4% |
| Canada | 6.6 | 6.8 | 7.9 | 6.6 | 0.0% |
| United Kingdom | 0.4 | 0.4 | 0.7 | 0.9 | 31.0% |
| Argentina | 1.7 | 1.6 | 2.2 | 0.8 | -22.2% |
| Netherlands | 0.7 | 0.8 | 1.2 | 0.7 | 0.0% |
| Spain | 0.3 | 0.2 | 0.2 | 0.1 | -30.7% |
| Others | 0.6 | 0.5 | 0.6 | 0.7 | 5.3% |
| Total | 32.2 | 37.8 | 44.5 | 29.0 | -3.4% |
Top Suppliers of Animal Products; Bovine Semen to Brazil in 2022:
- United States (6.9K units)
- Canada (1.4K units)
- Argentina (0.3K units)
- Netherlands (0.2K units)
- United Kingdom (0.2K units)
- Spain (0.1K units)
Exports of Animal Products; Bovine Semen in Brazil
Animal products; bovine semen exports from Brazil shrank slightly to 672 units in 2022, with a decrease of -4.1% against the previous year's figure. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.4% 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 +49.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 55%. As a result, the exports attained the peak of 701 units, and then declined in the following year.
In value terms, animal products; bovine semen exports expanded sharply to $4.1M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.3% 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 +70.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Animal Products; Bovine Semen in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 740 | 485 | 1,095 | 1,134 | 15.3% |
| Paraguay | 500 | 411 | 552 | 684 | 11.0% |
| Bolivia | 402 | 341 | 635 | 478 | 5.9% |
| Costa Rica | 271 | 424 | 397 | 465 | 19.7% |
| Guatemala | 128 | 161 | 270 | 345 | 39.2% |
| Ecuador | 203 | 312 | 328 | 289 | 12.5% |
| Panama | 66.9 | 203 | 99.2 | 239 | 52.9% |
| Others | 113 | 203 | 398 | 489 | 63.0% |
| Total | 2,425 | 2,542 | 3,775 | 4,122 | 19.3% |
Top Export Markets for Animal Products; Bovine Semen from Brazil in 2022:
- Colombia (194.0 units)
- Paraguay (145.0 units)
- Bolivia (99.0 units)
- Costa Rica (63.0 units)
- Guatemala (42.0 units)
- Panama (32.0 units)
- Ecuador (28.0 units)
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