Price for Cattle; Live, Pure-Bred Breeding Animals in Estonia - 2023
Contents:
- Price for Cattle; Live, Pure-Bred Breeding Animals in Estonia (FOB) - 2023
- Price for Cattle; Live, Pure-Bred Breeding Animals in Estonia (CIF) - 2022
- Exports of Cattle; Live, Pure-Bred Breeding Animals in Estonia
- Imports of Cattle; Live, Pure-Bred Breeding Animals in Estonia
Price for Cattle; Live, Pure-Bred Breeding Animals in Estonia (FOB) - 2023
The average export price for cattle; live, pure-bred breeding animalses stood at $2,667 per unit in November 2023, with an increase of 7% against the previous month. Overall, export price indicated a pronounced increase from November 2022 to November 2023: its price increased at an average monthly rate of +4.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, cattle; live, pure-bred breeding animals export price decreased by -16.6% against August 2023 indices. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 42% m-o-m. The export price peaked at $3,199 per unit in August 2023; afterwards, it flattened through to November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Azerbaijan ($3,845 per unit), while the average price for exports to Malta ($1,400 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 Uzbekistan (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cattle; Live, Pure-Bred Breeding Animals in Estonia (CIF) - 2022
In 2022, the average import price for cattle; live, pure-bred breeding animalses amounted to $5,819 per unit, increasing by 106% against the previous year. Over the period under review, the import price showed a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 170%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 the Netherlands ($8,475 per unit), while the price for Ireland ($3,022 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Cattle; Live, Pure-Bred Breeding Animals in Estonia
For the fourth year in a row, Estonia recorded growth in overseas shipments of cattle; live, pure-bred breeding animalses, which increased by 5% to 6.3K units in 2022. In general, exports showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 175%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, cattle; live, pure-bred breeding animals exports skyrocketed to $13M in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 134% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
Export of Cattle; Live, Pure-Bred Breeding Animals in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uzbekistan | 1.6 | 4.8 | 4.2 | 5.0 | 46.2% |
Azerbaijan | N/A | N/A | 0.6 | 3.7 | 516.7% |
Georgia | 0.7 | 0.3 | 0.8 | 0.9 | 8.7% |
Latvia | 0.4 | 0.5 | 0.7 | 0.8 | 26.0% |
Turkey | N/A | 0.1 | 0.6 | 0.6 | 144.9% |
Russia | 0.4 | 0.6 | 2.1 | 0.6 | 14.5% |
Kazakhstan | 0.5 | 1.0 | N/A | 0.5 | 0.0% |
Poland | N/A | 0.3 | 0.3 | 0.1 | -42.3% |
Others | 0.1 | 0.8 | 1.3 | 0.4 | 58.7% |
Total | 3.6 | 8.5 | 10.7 | 12.6 | 51.8% |
Top Export Markets for Cattle; Live, Pure-Bred Breeding Animals from Estonia in 2022:
- Uzbekistan (2961.0 units)
- Azerbaijan (1184.0 units)
- Latvia (587.0 units)
- Georgia (441.0 units)
- Turkey (277.0 units)
- Russia (268.0 units)
- Kazakhstan (224.0 units)
- Poland (91.0 units)
Imports of Cattle; Live, Pure-Bred Breeding Animals in Estonia
In 2022, the amount of cattle; live, pure-bred breeding animalses imported into Estonia shrank significantly to 46 units, declining by -44.6% on 2021 figures. Over the period under review, imports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 938%. Imports peaked at 111 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, cattle; live, pure-bred breeding animals imports expanded sharply to $268K in 2022. In general, imports, however, recorded prominent growth. The growth pace was the most rapid in 2021 when imports increased by 436%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Cattle; Live, Pure-Bred Breeding Animals in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 65.8 | N/A | 132 | 179 | 39.6% |
Netherlands | N/A | N/A | N/A | 67.8 | 0% |
Ireland | N/A | N/A | N/A | 21.2 | 0% |
Hungary | N/A | 43.8 | N/A | N/A | 0% |
Denmark | N/A | N/A | 20.1 | N/A | 0% |
Others | 159 | N/A | 83.2 | N/A | -27.7% |
Total | 225 | 43.8 | 235 | 268 | 6.0% |
Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to Estonia in 2022:
- Germany (31.0 units)
- Netherlands (8.0 units)
- Ireland (7.0 units)
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