Price for Cattle; Live, Pure-Bred Breeding Animals in Romania - 2023

Contents:

  1. Price for Cattle; Live, Pure-Bred Breeding Animals in Romania (CIF) - 2023
  2. Price for Cattle; Live, Pure-Bred Breeding Animals in Romania (FOB) - 2023
  3. Imports of Cattle; Live, Pure-Bred Breeding Animals in Romania
  4. Exports of Cattle; Live, Pure-Bred Breeding Animals in Romania

Price for Cattle; Live, Pure-Bred Breeding Animals in Romania (CIF) - 2023

The average import price for cattle; live, pure-bred breeding animalses stood at $2,182 per unit in June 2023, shrinking by -17.5% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 40% against the previous month. Over the period under review, average import prices attained the maximum at $2,646 per unit in May 2023, and then declined notably in the following month.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Denmark ($2,264 per unit), while the price for Germany ($1,902 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.4%), while the prices for the other major suppliers experienced a decline.

Price for Cattle; Live, Pure-Bred Breeding Animals in Romania (FOB) - 2023

In July 2023, the average export price for cattle; live, pure-bred breeding animalses amounted to $1,990 per unit, shrinking by -9.9% against the previous month. In general, export price indicated notable growth from July 2022 to July 2023: its price increased at an average monthly rate of +4.8% 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 decreased by -9.9% against June 2023 indices. The growth pace was the most rapid in May 2023 when the average export price increased by 97% m-o-m. Over the period under review, the average export prices reached the peak figure at $2,309 per unit in September 2022; afterwards, it flattened through to July 2023.

Average prices varied noticeably for the major external markets. In July 2023, the country with the highest price was Croatia ($2,089 per unit), while the average price for exports to Moldova amounted to $1,968 per unit.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cattle; Live, Pure-Bred Breeding Animals in Romania

In 2022, the amount of cattle; live, pure-bred breeding animalses imported into Romania contracted significantly to 5.9K units, which is down by -18.4% compared with 2021 figures. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 227% against the previous year. As a result, imports reached the peak of 7.2K units, and then dropped sharply in the following year.

In value terms, cattle; live, pure-bred breeding animals imports shrank to $8.3M in 2022. Overall, imports, however, recorded strong growth. The growth pace was the most rapid in 2021 when imports increased by 147% against the previous year. As a result, imports attained the peak of $9.5M, and then shrank in the following year.

Import of Cattle; Live, Pure-Bred Breeding Animals in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary6514744,6643,76079.4%
Germany1,5428192,4921,7053.4%
Denmark8.889.23771,607467.3%
France578338171527-3.0%
Netherlands670702482362-18.6%
Czech Republic39626876.5136-30.0%
Austria885510278N/A-44.0%
Others479628925243-20.2%
Total5,2113,8279,4658,33917.0%

Top Suppliers of Cattle; Live, Pure-Bred Breeding Animals to Romania in 2022:

  1. Hungary (3547.0 units)
  2. Germany (808.0 units)
  3. Denmark (713.0 units)
  4. Netherlands (297.0 units)
  5. France (240.0 units)
  6. Czech Republic (93.0 units)

Exports of Cattle; Live, Pure-Bred Breeding Animals in Romania

For the third year in a row, Romania recorded decline in shipments abroad of cattle; live, pure-bred breeding animalses, which decreased by -37.2% to 918 units in 2022. Over the period under review, exports continue to indicate a sharp decline. The smallest decline of -10.7% was in 2021. The exports peaked at 2.9K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, cattle; live, pure-bred breeding animals exports declined significantly to $1.2M in 2022. In general, exports faced a sharp setback. The smallest decline of -8.1% was in 2021. Over the period under review, the exports reached the maximum at $2.5M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Cattle; Live, Pure-Bred Breeding Animals in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Croatia1,5711,0761,310470-33.1%
SerbiaN/AN/A90.9387325.7%
MoldovaN/A12268.425243.7%
Greece275352208125-23.1%
Hungary82.628.511.3N/A-63.0%
Italy4561120.8N/A-95.8%
Others83.51471.0N/A-89.1%
Total2,4691,8381,6901,234-20.6%

Top Export Markets for Cattle; Live, Pure-Bred Breeding Animals from Romania in 2022:

  1. Croatia (444.0 units)
  2. Serbia (211.0 units)
  3. Greece (141.0 units)
  4. Moldova (122.0 units)

Source: IndexBox Market Intelligence Platform

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