Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ghana - 2023

Contents:

  1. Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ghana (CIF) - 2022
  2. Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ghana (FOB) - 2022
  3. Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ghana
  4. Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ghana

Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ghana (CIF) - 2022

The average import price for bovine animals; live, other than pure-bred breeding animalses stood at $902 per unit in 2022, with an increase of 2% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2013 when the average import price increased by 52%. The import price peaked at $1,119 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Burkina Faso ($1,239 per unit), while the price for the United States ($38 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ghana (FOB) - 2022

The average export price for bovine animals; live, other than pure-bred breeding animalses stood at $671 per unit in 2022, waning by -10.7% against the previous year. Overall, the export price saw a pronounced decline. The growth pace was the most rapid in 2014 when the average export price increased by 73%. As a result, the export price reached the peak level of $1,106 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to -4.1% per year.

Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ghana

In 2022, purchases abroad of bovine animals; live, other than pure-bred breeding animalses increased by 10% to 43 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a dramatic descent. Imports peaked at 150 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of bovine animals; live, other than pure-bred breeding animalses expanded remarkably to $39K in 2022. Overall, imports, however, recorded a significant decline. Imports peaked at $143K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burkina Faso12921.026.029.7-38.7%
South Africa9.720.48.18.2-5.4%
Niger3.91.60.30.8-41.0%
United States0.20.1N/AN/A-50.0%
OthersN/AN/AN/AN/A0%
Total14343.134.538.8-35.3%

Top Suppliers of Bovine Animals; Live, Other than Pure-Bred Breeding Animals to Ghana in 2022:

  1. Burkina Faso (24.0 units)
  2. South Africa (17.0 units)
  3. United States (1.0 units)
  4. Niger (1.0 units)

Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ghana

In 2022, after two years of decline, there was significant growth in shipments abroad of bovine animals; live, other than pure-bred breeding animalses, when their volume increased by 23% to 16 units. Over the period under review, exports, however, continue to indicate a abrupt decline. The exports peaked at 27 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of bovine animals; live, other than pure-bred breeding animalses rose remarkably to $11K in 2022. Overall, exports, however, continue to indicate a abrupt contraction. The exports peaked at $14K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire14.011.79.810.7-8.6%
OthersN/AN/AN/AN/A0%
Total14.011.79.810.7-8.6%

Top Export Markets for Bovine Animals; Live, Other than Pure-Bred Breeding Animals from Ghana in 2022:

  1. Cote d'Ivoire (16.0 units)

Source: IndexBox Market Intelligence Platform

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