Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Belgium - 2023
Contents:
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Belgium (FOB) - 2023
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Belgium (CIF) - 2022
- Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Belgium
- Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Belgium
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Belgium (FOB) - 2023
In November 2023, the average export price for cattle; live, other than pure-bred breeding animalses amounted to $837 per unit, growing by 11% against the previous month. Over the period under review, export price indicated a perceptible expansion from November 2022 to November 2023: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for cattle; live, other than pure-bred breeding animalses increased by +10.9% against October 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 70% month-to-month. The export price peaked at $1,025 per unit in June 2023; however, from July 2023 to November 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Lebanon.
From November 2022 to November 2023, the rate of growth in terms of prices for the Netherlands amounted to +3.1% per month.
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Belgium (CIF) - 2022
The average import price for cattle; live, other than pure-bred breeding animalses stood at $852 per unit in 2022, almost unchanged from the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 10%. As a result, import price attained the peak level of $854 per unit, leveling off in the following year.
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 France ($1,535 per unit), while the price for Germany ($150 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.8%), while the prices for the other major suppliers experienced a decline.
Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Belgium
For the fourth year in a row, Belgium recorded growth in overseas shipments of cattle; live, other than pure-bred breeding animalses, which increased by 34% to 282K units in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +25.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +95.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 34%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of cattle; live, other than pure-bred breeding animalses expanded sharply to $145M in 2022. The total export value increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 64.3 | 74.1 | 77.6 | 98.4 | 15.2% |
| France | 37.0 | 37.1 | 36.8 | 32.3 | -4.4% |
| Italy | 11.0 | 13.9 | 12.7 | 6.2 | -17.4% |
| Germany | 1.6 | 1.1 | 1.2 | 6.0 | 55.4% |
| Spain | 1.2 | 2.8 | 2.8 | 2.2 | 22.4% |
| Others | 3.3 | 2.0 | 0.2 | 0.3 | -55.0% |
| Total | 118 | 131 | 131 | 145 | 7.1% |
Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Belgium in 2022:
- Netherlands (232.7K units)
- France (33.8K units)
- Spain (6.0K units)
- Italy (5.1K units)
- Germany (4.3K units)
Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Belgium
In 2022, imports of cattle; live, other than pure-bred breeding animalses into Belgium expanded markedly to 143K units, surging by 10% on 2021. Over the period under review, imports, however, continue to indicate a pronounced slump. Imports peaked at 165K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of cattle; live, other than pure-bred breeding animalses expanded rapidly to $122M in 2022. Overall, imports, however, continue to indicate a mild decline. The pace of growth was the most pronounced in 2021 with an increase of 20%. Imports peaked at $128M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 100 | 72.7 | 98.7 | 103 | 1.0% |
| France | 17.9 | 12.9 | 8.2 | 16.6 | -2.5% |
| Germany | 5.7 | 3.1 | 1.1 | 1.6 | -34.5% |
| Others | 3.8 | 3.7 | 2.7 | 0.9 | -38.1% |
| Total | 128 | 92.3 | 111 | 122 | -1.6% |
Top Suppliers of Cattle; Live, Other than Pure-Bred Breeding Animals to Belgium in 2022:
- Netherlands (121.1K units)
- France (10.8K units)
- Germany (10.5K units)
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