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

Contents:

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

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

In 2022, the average import price for bovine animals; live, other than pure-bred breeding animalses amounted to $425 per unit, therefore, remained relatively stable against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 272%. As a result, import price reached the peak level of $1,544 per unit. From 2020 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Nepal.

From 2012 to 2022, the rate of growth in terms of prices for Nepal amounted to +0.4% per year.

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

The average export price for bovine animals; live, other than pure-bred breeding animalses stood at $265 per unit in 2022, growing by 525% against the previous year. Over the period under review, the export price recorded a strong expansion. Over the period under review, the average export prices hit record highs at $626 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 Bhutan ($2,001 per unit), while the average price for exports to Ireland ($1 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 the United Arab Emirates (+74.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of bovine animals; live, other than pure-bred breeding animalses decreased by -6% to 5.2K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 318% against the previous year. Imports peaked at 5.5K units in 2021, and then contracted in the following year.

In value terms, imports of bovine animals; live, other than pure-bred breeding animalses dropped to $2.2M in 2022. The total import value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 15%. Imports peaked at $2.4M in 2021, and then reduced in the following year.

Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nepal0.32.12.42.294.3%
Mali1.2N/AN/AN/A0%
Others0.2N/AN/AN/A0%
Total1.82.12.42.26.9%

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

  1. Nepal (5.2K units)

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

In 2022, overseas shipments of bovine animals; live, other than pure-bred breeding animalses were finally on the rise to reach 20 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a significant decrease. Over the period under review, the exports of attained the maximum at 51 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 skyrocketed to $5.3K in 2022. In general, exports, however, faced a dramatic downturn. Over the period under review, the exports of attained the peak figure at $29K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in India (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bhutan7,5133,1302042,001-35.7%
United Arab Emirates8,4913,1061771,530-43.5%
Nepal9,0753,1831741,441-45.8%
Canada16069.05.047.0-33.5%
Italy97.042.03.028.0-33.9%
Indonesia57.024.02.015.0-35.9%
Oman33.014.01.010.0-32.8%
Singapore43.015.01.07.0-45.4%
Germany44.016.01.07.0-45.8%
Japan17.06.01.03.0-43.9%
Sri Lanka8.03.01.01.0-50.0%
Austria7.02.01.01.0-47.7%
IrelandN/AN/AN/A1.00%
Others3,22438422.0201-60.3%
Total28,7699,9945935,293-43.1%

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

  1. Nepal (6.0 units)
  2. Canada (1.0 units)
  3. Italy (1.0 units)
  4. Bhutan (1.0 units)
  5. Singapore (1.0 units)
  6. Oman (1.0 units)
  7. Indonesia (1.0 units)
  8. Sri Lanka (1.0 units)
  9. Austria (1.0 units)
  10. Germany (1.0 units)
  11. Ireland (1.0 units)
  12. United Arab Emirates (1.0 units)
  13. Japan (1.0 units)

Source: IndexBox Market Intelligence Platform

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