Price for Animal Products; Bovine Semen in Lithuania - 2023
Contents:
- Price for Animal Products; Bovine Semen in Lithuania (CIF) - 2022
- Price for Animal Products; Bovine Semen in Lithuania (FOB) - 2022
- Imports of Animal Products; Bovine Semen in Lithuania
- Exports of Animal Products; Bovine Semen in Lithuania
Price for Animal Products; Bovine Semen in Lithuania (CIF) - 2022
The average animal products; bovine semen import price stood at $9,250 per unit in 2022, rising by 49% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($16,097 per unit), while the price for the Czech Republic ($1,210 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Animal Products; Bovine Semen in Lithuania (FOB) - 2022
The average animal products; bovine semen export price stood at $5,696 per unit in 2022, leveling off at the previous year. Over the period under review, the export price showed a slight downturn. The pace of growth was the most pronounced in 2019 an increase of 133%. The export price peaked at $6,655 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($6,236 per unit), while the average price for exports to Azerbaijan totaled $298 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-0.7%).
Imports of Animal Products; Bovine Semen in Lithuania
After three years of growth, purchases abroad of animal products; bovine semens decreased by -25.3% to 215 units in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year. As a result, imports reached the peak of 288 units, and then dropped markedly in the following year.
In value terms, animal products; bovine semen imports stood at $2M in 2022. The total import value increased at an average annual rate of +14.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 23% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Animal Products; Bovine Semen in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 195 | 415 | 421 | 708 | 53.7% |
| Germany | 233 | 241 | 431 | 368 | 16.5% |
| United States | 315 | 321 | 337 | 346 | 3.2% |
| Canada | 143 | 187 | 181 | 147 | 0.9% |
| United Kingdom | 325 | 307 | 271 | 130 | -26.3% |
| France | 15.9 | 36.6 | 11.7 | 108 | 89.4% |
| Denmark | 12.2 | 38.1 | 48.2 | 90.1 | 94.7% |
| Czech Republic | 30.5 | 29.1 | 34.7 | 19.4 | -14.0% |
| Belgium | 50.5 | 25.4 | 42.4 | 11.6 | -38.8% |
| Others | 15.1 | 45.0 | 13.8 | 59.7 | 58.1% |
| Total | 1,335 | 1,645 | 1,792 | 1,989 | 14.2% |
Top Suppliers of Animal Products; Bovine Semen to Lithuania in 2022:
- Germany (54.0 units)
- Netherlands (44.0 units)
- United States (35.0 units)
- Canada (20.0 units)
- Czech Republic (16.0 units)
- Denmark (13.0 units)
- France (9.0 units)
- Belgium (8.0 units)
- United Kingdom (5.0 units)
Exports of Animal Products; Bovine Semen in Lithuania
In 2022, overseas shipments of animal products; bovine semens decreased by 0% to 11 units, falling for the second consecutive year after two years of growth. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 67%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, animal products; bovine semen exports totaled $63K in 2022. In general, exports posted a significant expansion. The smallest decline of -73.6% was in 2020. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Animal Products; Bovine Semen in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 14.3 | N/A | N/A | 62.4 | 63.4% |
| Azerbaijan | N/A | N/A | N/A | 0.3 | 0% |
| Georgia | N/A | 3.8 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.3 | 3.8 | N/A | 62.7 | 63.7% |
Top Export Markets for Animal Products; Bovine Semen from Lithuania in 2022:
- Russia (10.0 units)
- Azerbaijan (1.0 units)
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