Bovine Animals; Live Price in Norway - 2022
Contents:
- Bovine Animals; Live Price in Norway (FOB) - 2022
- Bovine Animals; Live Price in Norway (CIF) - 2022
- Bovine Animals; Live Exports in Norway
- Bovine Animals; Live Imports in Norway
Bovine Animals; Live Price in Norway (FOB) - 2022
In 2022, the average bovine animals; live export price amounted to $917 per unit, with a decrease of -1.8% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 8.5%. The export price peaked at $933 per unit in 2021, and then contracted modestly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($1,439 per unit), while the average price for exports to the UK amounted to $816 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-6.5%), while the prices for the other major destinations experienced a decline.
Bovine Animals; Live Price in Norway (CIF) - 2022
In 2022, the average bovine animals; live import price amounted to $517 per unit, waning by -48.1% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when the average import price increased by 65%. Over the period under review, average import prices reached the peak figure at $2,594 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($943 per unit), while the price for Denmark ($2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.2%), while the prices for the other major suppliers experienced a decline.
Bovine Animals; Live Exports in Norway
In 2022, after two years of decline, there was significant growth in overseas shipments of bovine animals; lives, when their volume increased by 11% to 62 units. In general, exports, however, saw a abrupt descent. Over the period under review, the exports attained the peak figure at 87 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, bovine animals; live exports expanded markedly to $57K in 2022. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The exports peaked at $71K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Bovine Animals; Live in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 23.3 | 49.7 | 2.2 | 42.5 | 22.2% |
| Sweden | 4.8 | 11.6 | 2.6 | 14.4 | 44.2% |
| Germany | N/A | N/A | 4.4 | N/A | 0% |
| Finland | N/A | N/A | 10.6 | N/A | 0% |
| Poland | N/A | N/A | 13.9 | N/A | 0% |
| United Arab Emirates | N/A | 0.1 | N/A | N/A | 0% |
| Others | 42.4 | N/A | 18.5 | N/A | -33.9% |
| Total | 70.5 | 61.4 | 52.3 | 56.8 | -6.9% |
Top Export Markets for Bovine Animals; Live from Norway in 2022:
- United Kingdom (52.0 units)
- Sweden (10.0 units)
Bovine Animals; Live Imports in Norway
In 2022, imports of bovine animals; lives into Norway surged to 49 units, jumping by 75% on 2021 figures. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, bovine animals; live imports dropped to $25K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.6% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 29% against the previous year. Over the period under review, imports attained the maximum at $28K in 2021, and then shrank in the following year.
| Import of Bovine Animals; Live in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 4.9 | 19.1 | 9.4 | 22.4 | 66.0% |
| United Kingdom | 2.0 | 3.0 | 1.2 | 2.8 | 11.9% |
| Brazil | N/A | N/A | N/A | 0.1 | 0% |
| Belgium | N/A | N/A | 4.1 | N/A | 0% |
| Denmark | 3.0 | 0.6 | N/A | N/A | -80.0% |
| Others | 7.8 | N/A | 13.3 | N/A | 30.6% |
| Total | 17.6 | 22.8 | 27.9 | 25.3 | 12.9% |
Top Suppliers of Bovine Animals; Live to Norway in 2022:
- Sweden (24.0 units)
- Brazil (21.0 units)
- United Kingdom (3.0 units)
- Denmark (1.0 units)
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