Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Italy - 2023
Contents:
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Italy (CIF) - 2023
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Italy (FOB) - 2022
- Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Italy
- Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Italy
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Italy (CIF) - 2023
In September 2023, the average import price for cattle; live, other than pure-bred breeding animalses amounted to $1,983 per unit, rising by 4.3% against the previous month. Over the period under review, import price indicated a notable increase from October 2022 to September 2023: its price increased at an average monthly rate of +4.7% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for cattle; live, other than pure-bred breeding animalses increased by +5.5% against July 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 41% against the previous month. The import price peaked at $2,046 per unit in June 2023; afterwards, it flattened through to September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was France ($2,189 per unit), while the price for Poland ($229 per unit) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Italy (FOB) - 2022
In 2022, the average export price for cattle; live, other than pure-bred breeding animalses amounted to $517 per unit, jumping by 34% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cattle; live, other than pure-bred breeding animalses increased by +37.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 46%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($789 per unit), while the average price for exports to Spain ($328 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 Netherlands (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Italy
For the fourth consecutive year, Italy recorded growth in overseas purchases of cattle; live, other than pure-bred breeding animalses, which increased by 1.9% to 1.1M units in 2022. The total import volume increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 27%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of cattle; live, other than pure-bred breeding animalses rose rapidly to $1.3B in 2022. The total import value increased at an average annual rate of +14.9% 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 with an increase of 30% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 723 | 927 | 994 | 1,075 | 14.1% |
| Croatia | 7.6 | 17.2 | 32.8 | 76.4 | 115.8% |
| Slovenia | 25.3 | 26.2 | 38.2 | 58.0 | 31.9% |
| Spain | 33.3 | 43.7 | 43.4 | 40.2 | 6.5% |
| Ireland | 10.7 | 10.8 | 16.1 | 18.9 | 20.9% |
| Austria | 25.0 | 22.8 | 22.2 | 12.8 | -20.0% |
| Germany | 10.1 | 23.4 | 25.1 | 7.2 | -10.7% |
| Poland | 6.3 | 12.4 | 10.0 | 7.1 | 4.1% |
| Others | 44.7 | 69.7 | 72.7 | 47.1 | 1.8% |
| Total | 886 | 1,153 | 1,254 | 1,343 | 14.9% |
Top Suppliers of Cattle; Live, Other than Pure-Bred Breeding Animals to Italy in 2022:
- France (855.9K units)
- Croatia (50.4K units)
- Slovenia (33.7K units)
- Austria (23.8K units)
- Spain (23.0K units)
- Ireland (17.8K units)
- Germany (12.6K units)
- Poland (12.1K units)
Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Italy
In 2022, exports of cattle; live, other than pure-bred breeding animalses from Italy amounted to 15K units, rising by 1.7% against the year before. Overall, total exports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +2.4% 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 +79.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 77% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of cattle; live, other than pure-bred breeding animalses soared to $7.7M in 2022. Over the period under review, exports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 81%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 107 | 33.4 | 200 | 3,307 | 213.8% |
| Spain | 822 | 826 | 2,045 | 2,124 | 37.2% |
| Netherlands | 162 | 55.0 | 304 | 1,274 | 98.9% |
| Poland | 53.5 | 24.2 | 873 | 223 | 60.9% |
| Croatia | 14.5 | N/A | 128 | 177 | 130.3% |
| Hungary | 1,601 | 1,439 | 703 | 39.3 | -70.9% |
| Slovenia | 908 | 29.4 | N/A | 0.5 | -91.8% |
| Cyprus | 157 | 54.6 | 68.8 | N/A | -33.8% |
| Others | 1,609 | 668 | 1,347 | 604 | -27.9% |
| Total | 5,433 | 3,130 | 5,669 | 7,748 | 12.6% |
Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Italy in 2022:
- Spain (6.5K units)
- Germany (4.2K units)
- Netherlands (2.5K units)
- Poland (0.6K units)
- Croatia (0.5K units)
- Hungary (0.1K units)
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