Bovine Animals; Live Price in Serbia - 2024
Contents:
- Bovine Animals; Live Price in Serbia (FOB) - 2024
- Bovine Animals; Live Price in Serbia (CIF) - 2022
- Bovine Animals; Live Exports in Serbia
- Bovine Animals; Live Imports in Serbia
Bovine Animals; Live Price in Serbia (FOB) - 2024
The average bovine animals; live export price stood at $1,439 per unit in September 2023, almost unchanged from the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 6.1% month-to-month. As a result, the export price attained the peak level of $1,528 per unit; afterwards, it flattened through to September 2023.
Average prices varied somewhat for the major overseas markets. In September 2023, the highest price was recorded for prices to North Macedonia ($1,673 per unit) and Bosnia and Herzegovina ($1,530 per unit), while the average price for exports to Albania ($1,266 per unit) and Montenegro ($1,424 per unit) were amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Libya (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Bovine Animals; Live Price in Serbia (CIF) - 2022
The average bovine animals; live import price stood at $683 per unit in 2022, which is down by -19.5% against the previous year. Over the period under review, the import price recorded a abrupt setback. The pace of growth appeared the most rapid in 2020 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs at $2,097 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($2,024 per unit), while the price for Romania ($570 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Bovine Animals; Live Exports in Serbia
In 2022, shipments abroad of bovine animals; lives decreased by -25.2% to 29K units, falling for the second consecutive year after two years of growth. Overall, exports saw a noticeable downturn. The growth pace was the most rapid in 2020 when exports increased by 28% against the previous year. As a result, the exports attained the peak of 43K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, bovine animals; live exports shrank to $36M in 2022. The total export value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 43%. As a result, the exports reached the peak of $42M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Bovine Animals; Live in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 18.4 | 21.6 | 26.2 | 25.7 | 11.8% |
| Bosnia and Herzegovina | 10.7 | 15.8 | 14.3 | 9.1 | -5.3% |
| Albania | N/A | 0.2 | 0.2 | 0.8 | 100.0% |
| Lebanon | N/A | 4.6 | N/A | N/A | 0% |
| Others | 0.4 | 0.2 | N/A | 0.6 | 14.5% |
| Total | 29.6 | 42.4 | 40.7 | 36.2 | 6.9% |
Top Export Markets for Bovine Animals; Live from Serbia in 2022:
- Montenegro (20.6K units)
- Bosnia and Herzegovina (7.5K units)
- Albania (0.6K units)
Bovine Animals; Live Imports in Serbia
In 2022, imports of bovine animals; lives into Serbia soared to 9.3K units, jumping by 123% compared with the previous year. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, bovine animals; live imports skyrocketed to $6.3M in 2022. Over the period under review, imports recorded a strong expansion. Over the period under review, imports attained the peak figure at $6.9M in 2020; however, from 2021 to 2022, imports failed to regain momentum.
| Import of Bovine Animals; Live in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 1.9 | 2.1 | 2.0 | 3.9 | 27.1% |
| Hungary | 0.6 | 1.3 | 0.2 | 1.2 | 26.0% |
| Czech Republic | 0.4 | 0.1 | 0.5 | 0.7 | 20.5% |
| Others | 1.6 | 3.4 | 0.9 | 0.4 | -37.0% |
| Total | 4.5 | 6.9 | 3.5 | 6.3 | 11.9% |
Top Suppliers of Bovine Animals; Live to Serbia in 2022:
- Romania (6.9K units)
- Hungary (1.6K units)
- Czech Republic (0.5K units)
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