Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Romania - 2023
Contents:
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Romania (FOB) - 2023
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Romania (CIF) - 2022
- Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Romania
- Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Romania
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Romania (FOB) - 2023
The average export price for cattle; live, other than pure-bred breeding animalses stood at $997 per unit in November 2023, rising by 19% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Jordan ($1,611 per unit), while the average price for exports to Bosnia and Herzegovina ($642 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Romania (CIF) - 2022
In 2022, the average import price for cattle; live, other than pure-bred breeding animalses amounted to $542 per unit, dropping by -18.5% against the previous year. Over the period under review, the import price showed a deep setback. The pace of growth was the most pronounced in 2017 when the average import price increased by 59% against the previous year. Over the period under review, average import prices reached the peak figure at $1,010 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 France ($1,373 per unit), while the price for Lithuania ($313 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Romania
Exports of cattle; live, other than pure-bred breeding animalses from Romania reduced to 204K units in 2022, falling by -9.8% compared with the previous year. In general, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by 19% against the previous year. Over the period under review, the exports of hit record highs at 244K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of cattle; live, other than pure-bred breeding animalses reduced to $144M in 2022. Over the period under review, exports continue to indicate a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 33%. As a result, the exports reached the peak of $168M, and then shrank in the following year.
Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Israel | 33.6 | 39.4 | 67.7 | 59.8 | 21.2% |
Croatia | 44.0 | 34.4 | 37.2 | 31.7 | -10.4% |
Bosnia and Herzegovina | 7.6 | 7.5 | 8.2 | 7.0 | -2.7% |
Hungary | 10.4 | 8.8 | 9.6 | 6.9 | -12.8% |
Kosovo | N/A | 2.6 | 5.2 | 6.3 | 55.7% |
Turkey | 29.5 | 7.1 | 2.7 | 5.7 | -42.2% |
Greece | 5.8 | 5.5 | 6.6 | 5.4 | -2.4% |
Italy | 6.5 | 5.5 | 7.4 | 4.6 | -10.9% |
Jordan | 0.8 | 2.7 | 4.6 | 4.2 | 73.8% |
Albania | 3.1 | 1.2 | 2.0 | 3.9 | 8.0% |
Serbia | 5.9 | 2.8 | 1.6 | 3.9 | -12.9% |
Others | 12.2 | 9.0 | 15.3 | 4.9 | -26.2% |
Total | 159 | 126 | 168 | 144 | -3.2% |
Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Romania in 2022:
- Israel (68.6K units)
- Croatia (53.3K units)
- Bosnia and Herzegovina (14.4K units)
- Kosovo (13.3K units)
- Hungary (13.0K units)
- Italy (8.8K units)
- Albania (7.9K units)
- Serbia (7.0K units)
- Turkey (5.3K units)
- Greece (4.9K units)
- Jordan (3.7K units)
Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Romania
After three years of growth, purchases abroad of cattle; live, other than pure-bred breeding animalses decreased by -11.8% to 36K units in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year. Imports peaked at 41K units in 2021, and then contracted in the following year.
In value terms, imports of cattle; live, other than pure-bred breeding animalses contracted significantly to $20M in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 114% against the previous year. Over the period under review, imports of reached the peak figure at $27M in 2021, and then contracted notably in the following year.
Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hungary | 2.4 | 4.8 | 10.5 | 8.7 | 53.6% |
Lithuania | 0.2 | 3.1 | 7.8 | 4.2 | 175.9% |
Netherlands | 1.9 | 3.9 | 1.7 | 2.3 | 6.6% |
France | 0.1 | 0.1 | 0.9 | 0.9 | 108.0% |
Germany | 1.0 | 0.7 | 0.5 | 0.9 | -3.5% |
Poland | N/A | 0.1 | 0.4 | 0.7 | 164.6% |
Bulgaria | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
Croatia | 0.3 | 0.6 | 2.2 | 0.1 | -30.7% |
Others | 1.3 | 2.3 | 3.0 | 1.3 | 0.0% |
Total | 7.3 | 15.7 | 27.1 | 19.5 | 38.8% |
Top Suppliers of Cattle; Live, Other than Pure-Bred Breeding Animals to Romania in 2022:
- Hungary (14.9K units)
- Lithuania (13.4K units)
- Netherlands (3.1K units)
- Poland (0.9K units)
- France (0.7K units)
- Germany (0.7K units)
- Bulgaria (0.6K units)
- Croatia (0.2K units)
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