Bovine Animals; Live Price in Slovakia - 2023
Contents:
- Bovine Animals; Live Price in Slovakia (FOB) - 2023
- Bovine Animals; Live Price in Slovakia (CIF) - 2023
- Bovine Animals; Live Exports in Slovakia
- Bovine Animals; Live Imports in Slovakia
Bovine Animals; Live Price in Slovakia (FOB) - 2023
In August 2023, the average bovine animals; live export price amounted to $877 per unit, with a decrease of -17.3% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 26% against the previous month. As a result, the export price attained the peak level of $1,060 per unit, and then contracted notably in the following month.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Kazakhstan ($1,939 per unit), while the average price for exports to Austria ($689 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Bovine Animals; Live Price in Slovakia (CIF) - 2023
In July 2023, the average bovine animals; live import price amounted to $1,218 per unit, waning by -4.4% against the previous month. Overall, import price indicated a tangible increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, bovine animals; live import price decreased by -4.4% against June 2023 indices. The most prominent rate of growth was recorded in October 2022 an increase of 39% month-to-month. The import price peaked at $1,302 per unit in January 2023; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($1,358 per unit), while the price for Hungary ($443 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Ireland (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Bovine Animals; Live Exports in Slovakia
Bovine animals; live exports from Slovakia declined to 76K units in 2022, which is down by -10.7% compared with the previous year. Overall, exports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. As a result, the exports reached the peak of 85K units, and then fell in the following year.
In value terms, bovine animals; live exports shrank slightly to $66M in 2022. The total export value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 26% against the previous year. As a result, the exports attained the peak of $67M, and then reduced modestly in the following year.
| Export of Bovine Animals; Live in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 12.1 | 14.5 | 19.8 | 28.0 | 32.3% |
| Hungary | 5.1 | 6.0 | 8.5 | 11.1 | 29.6% |
| Croatia | 7.7 | 7.4 | 11.6 | 7.6 | -0.4% |
| Austria | 7.7 | 3.8 | 4.1 | 4.3 | -17.7% |
| Turkey | 12.1 | 3.8 | 3.1 | 3.3 | -35.2% |
| Czech Republic | 3.5 | 6.4 | 7.5 | 1.6 | -23.0% |
| Italy | 1.1 | 1.2 | 2.0 | 1.4 | 8.4% |
| Spain | 0.5 | 1.3 | 1.0 | 0.8 | 17.0% |
| Netherlands | 1.2 | 0.4 | 0.3 | 0.1 | -56.3% |
| Others | 7.3 | 8.4 | 8.6 | 7.4 | 0.5% |
| Total | 58.3 | 53.0 | 66.7 | 65.6 | 4.0% |
Top Export Markets for Bovine Animals; Live from Slovakia in 2022:
- Poland (32.3K units)
- Hungary (14.2K units)
- Croatia (9.6K units)
- Spain (5.0K units)
- Austria (4.2K units)
- Turkey (2.8K units)
- Italy (1.8K units)
- Czech Republic (1.1K units)
- Netherlands (0.3K units)
Bovine Animals; Live Imports in Slovakia
In 2022, supplies from abroad of bovine animals; lives decreased by -36.4% to 12K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 54%. Over the period under review, imports reached the maximum at 18K units in 2021, and then dropped dramatically in the following year.
In value terms, bovine animals; live imports shrank notably to $8.1M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 51%. Imports peaked at $11M in 2021, and then shrank notably in the following year.
| Import of Bovine Animals; Live in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 630 | 3,717 | 3,955 | 2,245 | 52.7% |
| Czech Republic | 324 | 423 | 577 | 1,002 | 45.7% |
| Latvia | 492 | 692 | N/A | 277 | -17.4% |
| Netherlands | 296 | 385 | 454 | 165 | -17.7% |
| Ireland | N/A | N/A | N/A | 83.3 | 0% |
| Lithuania | 409 | 39.0 | 46.9 | N/A | -66.1% |
| Italy | 61.9 | 188 | 356 | N/A | 139.8% |
| Others | 3,972 | 3,900 | 6,053 | 4,370 | 3.2% |
| Total | 6,185 | 9,345 | 11,442 | 8,143 | 9.6% |
Top Suppliers of Bovine Animals; Live to Slovakia in 2022:
- Hungary (2.3K units)
- Czech Republic (1.2K units)
- Netherlands (0.3K units)
- Latvia (0.3K units)
- Ireland (0.1K units)
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