Price for Cattle; Live, Pure-Bred Breeding Animals in Malaysia - 2021

Price for Cattle; Live, Pure-Bred Breeding Animals in Malaysia (CIF) - 2022

In 2022, the average import price for cattle; live, pure-bred breeding animalses amounted to $980 per unit, falling by -36.2% against the previous year. Overall, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of 65%. Over the period under review, average import prices attained the maximum at $1,850 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($3,059 per unit), while the price for Thailand amounted to $668 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-8.0%).

Price for Cattle; Live, Pure-Bred Breeding Animals in Malaysia (FOB) - 2022

The average export price for cattle; live, pure-bred breeding animalses stood at $357 per unit in 2022, leveling off at the previous year. In general, the export price showed a strong expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 102% against the previous year. Over the period under review, the average export prices hit record highs at $358 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Brunei Darussalam.

From 2012 to 2022, the rate of growth in terms of prices for Brunei Darussalam amounted to +7.3% per year.

Imports of Cattle; Live, Pure-Bred Breeding Animals in Malaysia

In 2022, supplies from abroad of cattle; live, pure-bred breeding animalses increased by 273% to 82 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a precipitous decrease. Imports peaked at 254 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, cattle; live, pure-bred breeding animals imports skyrocketed to $80K in 2022. Over the period under review, imports, however, recorded a sharp setback. Over the period under review, imports hit record highs at $220K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Cattle; Live, Pure-Bred Breeding Animals in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	205	103	19.0	46.7	-38.9%
Australia	15.0	24.0	14.8	33.7	31.0%
Others	N/A	N/A	N/A	N/A	0%
Total	220	127	33.8	80.4	-28.5%

Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to Malaysia in 2022:

Thailand (70.0 units)
Australia (11.0 units)

Exports of Cattle; Live, Pure-Bred Breeding Animals in Malaysia

Cattle; live, pure-bred breeding animals exports from Malaysia dropped dramatically to 560 units in 2022, shrinking by -21.8% against the previous year. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 77%. As a result, the exports attained the peak of 716 units, and then contracted rapidly in the following year.

In value terms, cattle; live, pure-bred breeding animals exports dropped remarkably to $200K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 76%. As a result, the exports attained the peak of $255K, and then fell markedly in the following year.