Price for Cattle; Live, Other than Pure-Bred Breeding Animals in Croatia - 2023

Contents:

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

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

The average export price for cattle; live, other than pure-bred breeding animalses stood at $1,435 per unit in November 2023, shrinking by -6.2% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average export price increased by 19% against the previous month. As a result, the export price attained the peak level of $1,602 per unit; afterwards, it flattened through to November 2023.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Lebanon ($2,572 per unit), while the average price for exports to Israel ($1,259 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for cattle; live, other than pure-bred breeding animalses stood at $923 per unit in September 2023, remaining relatively unchanged against the previous month. Over the period from October 2022 to September 2023, it increased at an average monthly rate of +2.5%. The pace of growth was the most pronounced in December 2022 when the average import price increased by 52% m-o-m. Over the period under review, average import prices attained the peak figure at $924 per unit in August 2023, and then fell in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($1,126 per unit), while the price for Austria ($476 per unit) was amongst the lowest.

From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Austria (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Cattle; Live, Other than Pure-Bred Breeding Animals in Croatia

For the fourth consecutive year, Croatia recorded growth in shipments abroad of cattle; live, other than pure-bred breeding animalses, which increased by 12% to 144K units in 2022. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 211% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of cattle; live, other than pure-bred breeding animalses rose remarkably to $166M in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 170% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Cattle; Live, Other than Pure-Bred Breeding Animals in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy12.328.044.452.362.0%
IsraelN/A23.220.928.811.4%
Lebanon18.531.012.121.95.8%
KosovoN/A2.511.716.3155.3%
Montenegro5.72.04.911.626.7%
EgyptN/A5.510.86.710.4%
Hungary1.44.44.25.557.8%
LibyaN/A5.614.34.5-10.4%
Austria3.83.84.53.1-6.6%
Bosnia and Herzegovina1.31.32.02.320.9%
IraqN/A11.63.9N/A-66.4%
Others3.66.918.213.254.2%
Total46.612615216652.7%

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

  1. Israel (46.1K units)
  2. Italy (31.8K units)
  3. Kosovo (14.1K units)
  4. Lebanon (13.5K units)
  5. Montenegro (9.1K units)
  6. Egypt (7.5K units)
  7. Bosnia and Herzegovina (3.3K units)
  8. Libya (3.2K units)
  9. Hungary (3.2K units)
  10. Austria (2.7K units)

Imports of Cattle; Live, Other than Pure-Bred Breeding Animals in Croatia

In 2022, the amount of cattle; live, other than pure-bred breeding animalses imported into Croatia expanded modestly to 169K units, picking up by 1.9% against 2021. The total import volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of cattle; live, other than pure-bred breeding animalses totaled $115M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Cattle; Live, Other than Pure-Bred Breeding Animals in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania47.940.245.138.2-7.3%
Hungary18.518.430.534.222.7%
Czech Republic9.813.116.818.022.5%
Slovakia9.29.512.110.44.2%
NetherlandsN/A1.96.18.5111.5%
Poland2.61.71.72.4-2.6%
Others2.73.72.22.92.4%
Total90.988.41141158.2%

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

  1. Romania (66.0K units)
  2. Hungary (39.0K units)
  3. Czech Republic (22.0K units)
  4. Slovakia (20.4K units)
  5. Netherlands (14.5K units)
  6. Poland (2.5K units)

Source: IndexBox Market Intelligence Platform

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