Price for Cattle; Live, Pure-Bred Breeding Animals in Luxembourg - 2023
Contents:
- Price for Cattle; Live, Pure-Bred Breeding Animals in Luxembourg (FOB) - 2023
- Price for Cattle; Live, Pure-Bred Breeding Animals in Luxembourg (CIF) - 2022
- Exports of Cattle; Live, Pure-Bred Breeding Animals in Luxembourg
- Imports of Cattle; Live, Pure-Bred Breeding Animals in Luxembourg
Price for Cattle; Live, Pure-Bred Breeding Animals in Luxembourg (FOB) - 2023
The average export price for cattle; live, pure-bred breeding animalses stood at $1,367 per unit in July 2023, remaining stable against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average export price increased by 14% month-to-month. The export price peaked at $1,626 per unit in January 2023; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($1,820 per unit), while the average price for exports to the Netherlands ($1,195 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cattle; Live, Pure-Bred Breeding Animals in Luxembourg (CIF) - 2022
The average import price for cattle; live, pure-bred breeding animalses stood at $2,101 per unit in 2022, rising by 12% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cattle; live, pure-bred breeding animals import price increased by +59.2% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 51%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($2,282 per unit), while the price for Germany ($2,078 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Cattle; Live, Pure-Bred Breeding Animals in Luxembourg
Cattle; live, pure-bred breeding animals exports from Luxembourg dropped modestly to 2.3K units in 2022, reducing by -1.9% against 2021. Over the period under review, total exports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +3.3% 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 increased by +90.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 94% against the previous year. As a result, the exports reached the peak of 2.4K units, and then shrank modestly in the following year.
In value terms, cattle; live, pure-bred breeding animals exports declined to $3.9M in 2022. In general, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 119%. As a result, the exports reached the peak of $4.4M, and then declined in the following year.
Export of Cattle; Live, Pure-Bred Breeding Animals in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 403 | 175 | 804 | 2,610 | 86.4% |
Germany | 515 | 844 | 1,712 | 532 | 1.1% |
United Kingdom | 642 | 191 | 1,361 | 293 | -23.0% |
Italy | 449 | N/A | 79.2 | 187 | -25.3% |
France | 118 | 96.5 | 52.0 | 106 | -3.5% |
Netherlands | 465 | 174 | 199 | 92.6 | -41.6% |
Greece | N/A | 69.1 | 74.6 | 79.3 | 7.1% |
Lebanon | 392 | N/A | N/A | N/A | 0% |
Poland | 284 | 258 | 36.1 | N/A | -64.3% |
Others | N/A | 184 | 50.8 | 16.6 | -70.0% |
Total | 3,268 | 1,992 | 4,369 | 3,916 | 6.2% |
Top Export Markets for Cattle; Live, Pure-Bred Breeding Animals from Luxembourg in 2022:
- Belgium (1671.0 units)
- Germany (286.0 units)
- United Kingdom (155.0 units)
- Italy (102.0 units)
- Greece (49.0 units)
- France (37.0 units)
- Netherlands (34.0 units)
Imports of Cattle; Live, Pure-Bred Breeding Animals in Luxembourg
In 2022, overseas purchases of cattle; live, pure-bred breeding animalses decreased by -5.1% to 657 units, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2020 when imports increased by 29%. As a result, imports attained the peak of 1.2K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cattle; live, pure-bred breeding animals imports rose markedly to $1.4M in 2022. Overall, imports continue to indicate a pronounced descent. Imports peaked at $1.6M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
Import of Cattle; Live, Pure-Bred Breeding Animals in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,286 | 1,510 | 1,286 | 1,158 | -3.4% |
France | 231 | 49.6 | 5.5 | 169 | -9.9% |
Belgium | 8.6 | N/A | N/A | 52.1 | 82.3% |
Others | N/A | 4.2 | 11.0 | 1.9 | -32.7% |
Total | 1,525 | 1,564 | 1,302 | 1,380 | -3.3% |
Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to Luxembourg in 2022:
- Germany (557.0 units)
- France (74.0 units)
- Belgium (25.0 units)
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