Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Nigeria - 2022
Contents:
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Nigeria (CIF) - 2022
- Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Nigeria (FOB) - 2022
- Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Nigeria
- Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Nigeria
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Nigeria (CIF) - 2022
In 2022, the average import price for bovine animals; live, other than pure-bred breeding animalses amounted to $285 per unit, declining by -74.1% against the previous year. Over the period under review, the import price recorded a deep slump. The growth pace was the most rapid in 2013 an increase of 10% against the previous year. The import price peaked at $1,135 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to +2.0% per year.
Price for Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Nigeria (FOB) - 2022
The average export price for bovine animals; live, other than pure-bred breeding animalses stood at $1,122 per unit in 2022, dropping by -5% against the previous year. Over the period under review, the export price, however, showed a slight expansion. The export price peaked at $1,569 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($1,258 per unit), while the average price for exports to Niger amounted to $986 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Niger (-0.2%).
Imports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Nigeria
Imports of bovine animals; live, other than pure-bred breeding animalses into Nigeria contracted sharply to 1 units in 2022, which is down by 99.9% compared with 2021 figures. Overall, imports saw a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Imports peaked at 16K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of bovine animals; live, other than pure-bred breeding animalses declined rapidly to $285 in 2022. Over the period under review, imports showed a sharp curtailment. The growth pace was the most rapid in 2021 with an increase of 25%. Imports peaked at $15M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Nigeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 14.7 | 6.6 | 8.2 | N/A | -25.3% |
| United Kingdom | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 14.7 | 6.6 | 8.2 | N/A | -25.3% |
Top Suppliers of Bovine Animals; Live, Other than Pure-Bred Breeding Animals to Nigeria in 2022:
- United Kingdom (1.0 units)
Exports of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Nigeria
In 2022, approx. 10 units of bovine animals; live, other than pure-bred breeding animalses were exported from Nigeria; with a decrease of -47.4% on 2021 figures. In general, exports saw a sharp curtailment. Over the period under review, the exports of hit record highs at 19 units in 2021, and then plummeted in the following year.
In value terms, exports of bovine animals; live, other than pure-bred breeding animalses reduced dramatically to $11K in 2022. Overall, exports faced a precipitous decrease. Over the period under review, the exports of attained the maximum at $22K in 2021, and then dropped significantly in the following year.
| Export of Bovine Animals; Live, Other than Pure-Bred Breeding Animals in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Senegal | N/A | 6.3 | 0% | ||
| Niger | 20.3 | 4.9 | -75.9% | ||
| Cameroon | 2.2 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 22.4 | 11.2 | -50.0% | ||
Top Export Markets for Bovine Animals; Live, Other than Pure-Bred Breeding Animals from Nigeria in 2022:
- Niger (5.0 units)
- Senegal (5.0 units)
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