Bovine Animals; Live Price in Malaysia - 2021
Contents:
- Bovine Animals; Live Price in Malaysia (CIF) - 2021
- Bovine Animals; Live Price in Malaysia (FOB) - 2022
- Bovine Animals; Live Imports in Malaysia
- Bovine Animals; Live Exports in Malaysia
Bovine Animals; Live Price in Malaysia (CIF) - 2021
The average bovine animals; live import price stood at $968 per unit in December 2021, with a decrease of -4.8% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in January 2021 when the average import price increased by 4.8% m-o-m. As a result, import price reached the peak level of $1,028 per unit. From February 2021 to December 2021, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From December 2020 to December 2021, the rate of growth in terms of prices for Thailand amounted to +1.2% per month.
Bovine Animals; Live Price in Malaysia (FOB) - 2022
The average bovine animals; live export price stood at $324 per unit in 2022, dropping by -3.7% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bovine animals; live export price increased by +111.1% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 44% against the previous year. Over the period under review, the average export prices reached the peak figure at $337 per unit in 2021, and then shrank slightly in the following year.
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 +2.2% per year.
Bovine Animals; Live Imports in Malaysia
In 2022, bovine animals; live imports into Malaysia amounted to 42K units, growing by 3.6% compared with 2021. The total import volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 when imports increased by 13%. As a result, imports attained the peak of 43K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, bovine animals; live imports dropped to $39M in 2022. The total import value increased at an average annual rate of +11.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 24%. Imports peaked at $42M in 2021, and then dropped in the following year.
| Import of Bovine Animals; Live in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 22.7 | 28.4 | 37.5 | 25.5 | 4.0% |
| Thailand | 4.3 | 5.4 | 4.1 | 11.2 | 37.6% |
| India | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 0.8 | 0.8 | 0.7 | 1.7 | 28.6% |
| Total | 27.9 | 34.7 | 42.5 | 38.6 | 11.4% |
Top Suppliers of Bovine Animals; Live to Malaysia in 2022:
- Thailand (24.5K units)
- Australia (15.8K units)
- India (0.8K units)
Bovine Animals; Live Exports in Malaysia
In 2022, the amount of bovine animals; lives exported from Malaysia expanded slightly to 1.1K units, increasing by 3.8% against the year before. The total export volume increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 22% against the previous year. As a result, the exports attained the peak of 1.1K units; afterwards, it flattened through to 2022.
In value terms, bovine animals; live exports declined slightly to $342K in 2022. The total export value increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 26%. Over the period under review, the exports hit record highs at $342K in 2021, and then reduced in the following year.
| Export of Bovine Animals; Live in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brunei Darussalam | 272 | 342 | 342 | 342 | 7.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 272 | 342 | 342 | 342 | 7.9% |
Top Export Markets for Bovine Animals; Live from Malaysia in 2022:
- Brunei Darussalam (1.1K units)
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