Price for Animal Products; Bovine Semen in Russia - 2022

Contents:

  1. Price for Animal Products; Bovine Semen in Russia (CIF) - 2022
  2. Price for Animal Products; Bovine Semen in Russia (FOB) - 2022
  3. Imports of Animal Products; Bovine Semen in Russia
  4. Exports of Animal Products; Bovine Semen in Russia

Price for Animal Products; Bovine Semen in Russia (CIF) - 2022

The average animal products; bovine semen import price stood at $3,968 per unit in January 2022, shrinking by -60.7% against the previous month. In general, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in March 2021 an increase of 138% month-to-month. The import price peaked at $15,195 per unit in July 2021; afterwards, it flattened through to January 2022.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was France ($20,744 per unit), while the price for Canada ($1,504 per unit) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by France (+33.3%), while the prices for the other major suppliers experienced a decline.

Price for Animal Products; Bovine Semen in Russia (FOB) - 2022

In 2022, the average animal products; bovine semen export price amounted to $1,709 per unit, waning by -8.1% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 182%. As a result, the export price reached the peak level of $5,210 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Ukraine.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +6.6% per year.

Imports of Animal Products; Bovine Semen in Russia

After two years of decline, overseas purchases of animal products; bovine semens increased by 7.2% to 3.6K units in 2022. Overall, imports, however, faced a abrupt curtailment. Imports peaked at 5.7K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, animal products; bovine semen imports contracted slightly to $25M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.2% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 60%. Imports peaked at $26M in 2021, and then contracted slightly in the following year.

Import of Animal Products; Bovine Semen in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.316.718.021.933.0%
Canada4.75.66.02.7-16.9%
Germany0.60.90.5N/A-8.7%
United Kingdom0.40.4N/AN/A0.0%
Others0.61.31.20.75.3%
Total15.524.825.825.317.7%

Top Suppliers of Animal Products; Bovine Semen to Russia in 2022:

  1. United States (3.3K units)
  2. Canada (0.2K units)

Exports of Animal Products; Bovine Semen in Russia

In 2022, overseas shipments of animal products; bovine semens decreased by -6.4% to 262 units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year. The exports peaked at 280 units in 2021, and then shrank in the following year.

In value terms, animal products; bovine semen exports declined to $448K in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 53% against the previous year. Over the period under review, the exports hit record highs at $521K in 2021, and then declined in the following year.

Export of Animal Products; Bovine Semen in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine39.643.141.4448124.5%
Kazakhstan88.0192145N/A28.4%
Belarus116110318N/A65.6%
Others1.329.216.7N/A258.4%
Total24537552144822.3%

Top Export Markets for Animal Products; Bovine Semen from Russia in 2022:

  1. Ukraine (262.0 units)

Source: IndexBox Market Intelligence Platform

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