Price for Animal Products; Bovine Semen in Vietnam - 2022
Contents:
- Price for Animal Products; Bovine Semen in Vietnam (CIF) - 2022
- Imports of Animal Products; Bovine Semen in Vietnam
Price for Animal Products; Bovine Semen in Vietnam (CIF) - 2022
In 2022, the average animal products; bovine semen import price amounted to $703 per unit, with an increase of 9.3% against the previous year. Overall, the import price, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2019 an increase of 227%. The import price peaked at $1,395 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($1,231 per unit), while the price for the Czech Republic ($365 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-1.1%), while the prices for the other major suppliers experienced a decline.
Imports of Animal Products; Bovine Semen in Vietnam
Animal products; bovine semen imports into Vietnam shrank modestly to 6K units in 2022, waning by -4% compared with the previous year's figure. Overall, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 when imports increased by 8.7% against the previous year. Imports peaked at 6.4K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, animal products; bovine semen imports rose slightly to $4.2M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, imports reached the peak of $4.4M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Animal Products; Bovine Semen in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 888 | 867 | 1,558 | 1,467 | 18.2% |
| France | 608 | 641 | 686 | 1,098 | 21.8% |
| Belgium | 1,057 | 1,294 | 854 | 1,049 | -0.3% |
| Canada | 411 | 922 | 283 | 241 | -16.3% |
| Czech Republic | 103 | 120 | 176 | 158 | 15.3% |
| Israel | 146 | 113 | 105 | 43.4 | -33.3% |
| United Kingdom | 89.7 | 123 | 73.1 | 28.2 | -32.0% |
| Others | 259 | 337 | 288 | 136 | -19.3% |
| Total | 3,563 | 4,418 | 4,022 | 4,220 | 5.8% |
Top Suppliers of Animal Products; Bovine Semen to Vietnam in 2022:
- United States (2326.0 units)
- France (1740.0 units)
- Belgium (852.0 units)
- Czech Republic (432.0 units)
- Canada (383.0 units)
- Israel (70.0 units)
- United Kingdom (57.0 units)
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