Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Pakistan - 2023
Contents:
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Pakistan (CIF) - 2022
- Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Pakistan (FOB) - 2022
- Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Pakistan
- Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Pakistan
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Pakistan (CIF) - 2022
The average import price for cattle; live, other than pure-bred breeding animalses stood at $2,751 per unit in 2022, with a decrease of -14.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 55%. Over the period under review, average import prices attained the peak figure at $3,202 per unit in 2021, and then reduced in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +16.2% per year.
Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Pakistan (FOB) - 2022
In 2022, the average export price for cattle; live, other than pure-bred breeding animalses amounted to $896 per unit, remaining constant against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cattle; live, other than pure-bred breeding animalses decreased by +0.7% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 47%. Over the period under review, the average export prices hit record highs at $1,047 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,044 per unit), while the average price for exports to Bahrain ($498 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+174.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Pakistan
In 2022, imports of cattle; live, other than pure-bred breeding animalses into Pakistan reduced remarkably to 9 units, waning by -55% compared with the previous year. In general, imports faced a dramatic slump. The smallest decline of -1% was in 2020. Imports peaked at 100 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of cattle; live, other than pure-bred breeding animalses fell notably to $25K in 2022. Over the period under review, imports saw a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 53%. As a result, imports attained the peak of $261K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.6 | 16.3 | 9.0 | 24.8 | 42.3% |
| Australia | 161 | 244 | 55.1 | N/A | -41.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 170 | 261 | 64.0 | 24.8 | -47.4% |
Top Suppliers of Cattle; Live, Other than Pure-Bred Breeding Animals to Pakistan in 2022:
- United States (9.0 units)
Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Pakistan
In 2022, overseas shipments of cattle; live, other than pure-bred breeding animalses were finally on the rise to reach 27K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a noticeable reduction. The exports peaked at 29K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of cattle; live, other than pure-bred breeding animalses expanded modestly to $24M in 2022. Over the period under review, exports, however, recorded a pronounced downturn. The exports peaked at $26M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 24.8 | 23.7 | 22.6 | 23.1 | -2.3% |
| United Arab Emirates | 0.6 | 0.4 | 0.4 | 0.3 | -20.6% |
| Bahrain | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 25.7 | 24.4 | 23.2 | 23.8 | -2.5% |
Top Export Markets for Cattle; Live, Other than Pure-Bred Breeding Animals from Pakistan in 2022:
- Iran (25.7K units)
- Bahrain (0.5K units)
- United Arab Emirates (0.3K units)
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