Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ethiopia - 2022
Contents:
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ethiopia (FOB) - 2022
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ethiopia (CIF) - 2022
- Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ethiopia
- Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ethiopia
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ethiopia (FOB) - 2022
The average export price for bovine animals; live, other than pure-bred breeding animalses stood at $199 per unit in 2022, reducing by -82% against the previous year. Overall, the export price showed a deep downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices hit record highs at $1,101 per unit in 2021, and then dropped significantly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Somalia ($1,255 per unit), while the average price for exports to Yemen ($126 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 Somalia (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ethiopia (CIF) - 2022
The average import price for bovine animals; live, other than pure-bred breeding animalses stood at $590 per unit in 2022, remaining stable against the previous year. In general, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 23%. Over the period under review, average import prices hit record highs at $1,334 per unit in 2012; however, from 2013 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 the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -7.8% per year.
Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ethiopia
In 2022, the amount of bovine animals; live, other than pure-bred breeding animalses exported from Ethiopia soared to 21K units, with an increase of 585% against 2021 figures. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of bovine animals; live, other than pure-bred breeding animalses skyrocketed to $4.2M in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 140%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Yemen | 2.2 | 3.5 | 11.3 | 2,510 | 944.9% |
| Somalia | 173 | 395 | 408 | 1,221 | 91.8% |
| Jordan | 221 | 360 | 1,167 | N/A | 129.8% |
| Others | 524 | 668 | 1,844 | 507 | -1.1% |
| Total | 920 | 1,426 | 3,430 | 4,238 | 66.4% |
Top Export Markets for Bovine Animals; Live, Other than Pure-Bred Breeding Animals from Ethiopia in 2022:
- Yemen (20.0K units)
- Somalia (1.0K units)
Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ethiopia
Imports of bovine animals; live, other than pure-bred breeding animalses into Ethiopia reduced remarkably to 1 units in 2022, shrinking by -50% compared with 2021. Overall, imports faced a precipitous slump. Over the period under review, imports of hit record highs at 2 units in 2021, and then shrank sharply in the following year.
In value terms, imports of bovine animals; live, other than pure-bred breeding animalses shrank remarkably to $590 in 2022. In general, imports showed a dramatic descent. Over the period under review, imports of reached the maximum at $1.2K in 2021, and then declined sharply in the following year.
| Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Netherlands | 1,144 | 590 | -48.4% | ||
| Belgium | 37.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 1,181 | 590 | -50.0% | ||
Top Suppliers of Bovine Animals; Live, Other than Pure-Bred Breeding Animals to Ethiopia in 2022:
- Netherlands (1.0 units)
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