Price for Cattle; Live, Pure-Bred Breeding Animals in Portugal - 2023
Contents:
- Price for Cattle; Live, Pure-Bred Breeding Animals in Portugal (FOB) - 2023
- Price for Cattle; Live, Pure-Bred Breeding Animals in Portugal (CIF) - 2022
- Exports of Cattle; Live, Pure-Bred Breeding Animals in Portugal
- Imports of Cattle; Live, Pure-Bred Breeding Animals in Portugal
Price for Cattle; Live, Pure-Bred Breeding Animals in Portugal (FOB) - 2023
The average export price for cattle; live, pure-bred breeding animalses stood at $1,182 per unit in July 2023, rising by 12% against the previous month. Overall, export price indicated a tangible increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, cattle; live, pure-bred breeding animals export price increased by +12.4% against June 2023 indices. The growth pace was the most rapid in April 2023 when the average export price increased by 36% month-to-month. As a result, the export price reached the peak level of $1,594 per unit; afterwards, it flattened through to July 2023.
As there is only one major export destination, the average price level is determined by prices for Spain.
From July 2022 to July 2023, the rate of growth in terms of prices for Morocco amounted to +4.2% per month.
Price for Cattle; Live, Pure-Bred Breeding Animals in Portugal (CIF) - 2022
The average import price for cattle; live, pure-bred breeding animalses stood at $2,034 per unit in 2022, growing by 14% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 49%. Over the period under review, average import prices reached the peak figure at $2,129 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 Netherlands ($2,608 per unit), while the price for Spain ($956 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cattle; Live, Pure-Bred Breeding Animals in Portugal
In 2022, shipments abroad of cattle; live, pure-bred breeding animalses decreased by -8.2% to 2.1K units, falling for the second consecutive year after two years of growth. Overall, total exports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.2% 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 decreased by -36.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 63%. As a result, the exports attained the peak of 3.3K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cattle; live, pure-bred breeding animals exports rose markedly to $2.2M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.3% 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 decreased by -14.5% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 84%. As a result, the exports attained the peak of $2.6M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Cattle; Live, Pure-Bred Breeding Animals in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.4 | 2.4 | 1.7 | 2.1 | 14.5% |
| Morocco | N/A | 0.2 | 0.2 | 0.1 | -29.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.4 | 2.6 | 2.0 | 2.2 | 16.3% |
Top Export Markets for Cattle; Live, Pure-Bred Breeding Animals from Portugal in 2022:
- Spain (2.0K units)
- Morocco (0.1K units)
Imports of Cattle; Live, Pure-Bred Breeding Animals in Portugal
In 2022, overseas purchases of cattle; live, pure-bred breeding animalses were finally on the rise to reach 272 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a dramatic decrease. Imports peaked at 1.9K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, cattle; live, pure-bred breeding animals imports soared to $553K in 2022. In general, imports, however, showed a sharp decline. Imports peaked at $2.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Cattle; Live, Pure-Bred Breeding Animals in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 344 | 149 | 102 | 417 | 6.6% |
| Spain | 155 | 12.2 | 76.2 | 74.5 | -21.7% |
| Germany | 85.0 | 409 | N/A | 61.3 | -10.3% |
| France | 1,974 | 444 | 128 | N/A | -74.5% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 2,558 | 1,013 | 306 | 553 | -40.0% |
Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to Portugal in 2022:
- Netherlands (160.0 units)
- Spain (78.0 units)
- Germany (34.0 units)
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