Price for Cattle; Live, Pure-Bred Breeding Animals in Australia - 2023
Contents:
- Price for Cattle; Live, Pure-Bred Breeding Animals in Australia (FOB) - 2022
- Exports of Cattle; Live, Pure-Bred Breeding Animals in Australia
Price for Cattle; Live, Pure-Bred Breeding Animals in Australia (FOB) - 2022
In 2022, the average export price for cattle; live, pure-bred breeding animalses amounted to $2,408 per unit, rising by 3.3% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 49% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($2,448 per unit), while the average price for exports to Pakistan amounted to $983 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.0%), while the prices for the other major destinations experienced a decline.
Exports of Cattle; Live, Pure-Bred Breeding Animals in Australia
In 2022, overseas shipments of cattle; live, pure-bred breeding animalses were finally on the rise to reach 131K units after two years of decline. In general, exports, however, saw a noticeable slump. The exports peaked at 146K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, cattle; live, pure-bred breeding animals exports skyrocketed to $316M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cattle; Live, Pure-Bred Breeding Animals in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 171 | 175 | 214 | 309 | 21.8% |
| Others | 42.8 | 26.0 | 3.3 | 7.3 | -44.5% |
| Total | 214 | 201 | 217 | 316 | 13.9% |
Top Export Markets for Cattle; Live, Pure-Bred Breeding Animals from Australia in 2022:
- China (126.0K units)
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