Price for Cattle; Live, Pure-Bred Breeding Animals in New Zealand - 2023
Contents:
- Price for Cattle; Live, Pure-Bred Breeding Animals in New Zealand (FOB) - 2023
- Exports of Cattle; Live, Pure-Bred Breeding Animals in New Zealand
Price for Cattle; Live, Pure-Bred Breeding Animals in New Zealand (FOB) - 2023
The average export price for cattle; live, pure-bred breeding animalses stood at $1,529 per unit in April 2023, stabilizing at the previous month. Over the period under review, the export price recorded a slight setback. The pace of growth was the most pronounced in June 2022 when the average export price increased by 37% month-to-month. As a result, the export price reached the peak level of $2,805 per unit; afterwards, it flattened through to April 2023.
As there is only one major export destination, the average price level is determined by prices for China.
From April 2022 to April 2023, the rate of growth in terms of prices for China amounted to -1.0% per month.
Exports of Cattle; Live, Pure-Bred Breeding Animals in New Zealand
In 2022, approx. 130K units of cattle; live, pure-bred breeding animalses were exported from New Zealand; picking up by 43% compared with the previous year. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 134% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, cattle; live, pure-bred breeding animals exports surged to $218M in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 153% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Cattle; Live, Pure-Bred Breeding Animals in New Zealand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 44.6 | 113 | 160 | 218 | 69.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 44.6 | 113 | 160 | 218 | 69.7% |
Top Export Markets for Cattle; Live, Pure-Bred Breeding Animals from New Zealand in 2022:
- China (130.4K units)
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