Price for Animal Products; Bovine Semen in Sweden - 2023

Contents:

  1. Price for Animal Products; Bovine Semen in Sweden (CIF) - 2022
  2. Price for Animal Products; Bovine Semen in Sweden (FOB) - 2022
  3. Imports of Animal Products; Bovine Semen in Sweden
  4. Exports of Animal Products; Bovine Semen in Sweden

Price for Animal Products; Bovine Semen in Sweden (CIF) - 2022

In 2022, the average animal products; bovine semen import price amounted to $2,137 per unit, with a decrease of -4.8% against the previous year. Overall, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 35%. The import price peaked at $4,820 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,351 per unit), while the price for France ($932 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.1%), while the prices for the other major suppliers experienced a decline.

Price for Animal Products; Bovine Semen in Sweden (FOB) - 2022

The average animal products; bovine semen export price stood at $1,982 per unit in 2022, rising by 63% against the previous year. Overall, the export price saw a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($2,047 per unit), while the average price for exports to the UK ($494 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 Norway (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Animal Products; Bovine Semen in Sweden

In 2022, the amount of animal products; bovine semens imported into Sweden was estimated at 1.5K units, flattening at 2021. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 28% against the previous year. As a result, imports reached the peak of 1.7K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, animal products; bovine semen imports reduced slightly to $3.1M in 2022. The total import value increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16%. As a result, imports reached the peak of $3.3M, and then declined slightly in the following year.

Import of Animal Products; Bovine Semen in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8539031,2731,16811.0%
Canada8408678779122.8%
Denmark1,068987813679-14.0%
United KingdomN/AN/A242234-3.3%
FranceN/AN/AN/A1020%
Others52.195.494.052.40.2%
Total2,8132,8523,2993,1463.8%

Top Suppliers of Animal Products; Bovine Semen to Sweden in 2022:

  1. United States (497.0 units)
  2. Canada (422.0 units)
  3. Denmark (307.0 units)
  4. France (109.0 units)
  5. United Kingdom (106.0 units)

Exports of Animal Products; Bovine Semen in Sweden

Animal products; bovine semen exports from Sweden declined rapidly to 353 units in 2022, reducing by -45.9% on the year before. Overall, exports recorded a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 14%. The exports peaked at 705 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, animal products; bovine semen exports shrank to $700K in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, the exports reached the peak of $796K, and then declined in the following year.

Export of Animal Products; Bovine Semen in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark32024936060523.7%
Finland14228229746.7-31.0%
Norway33.671.345.020.5-15.2%
United States23.825.20.115.2-13.9%
New ZealandN/AN/A42.6N/A0%
China35.8N/AN/AN/A0%
Others10442.451.612.5-50.6%
Total6606717967002.0%

Top Export Markets for Animal Products; Bovine Semen from Sweden in 2022:

  1. Denmark (298.0 units)
  2. Finland (23.0 units)
  3. United States (17.0 units)
  4. Norway (10.0 units)

Source: IndexBox Market Intelligence Platform

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