Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Kenya - 2022

Contents:

1. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Kenya (CIF) - 2022
2. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Kenya (FOB) - 2022
3. Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Kenya
4. Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Kenya

Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Kenya (CIF) - 2022

In 2022, the average import price for frozen carcasses and half-carcasses of bovine meat amounted to $1,792 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price recorded a significant contraction. The most prominent rate of growth was recorded in 2020 when the average import price decreased by 99.9% against the previous year. The import price peaked at $5,080 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2019 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Kenya (FOB) - 2022

In 2022, the average export price for frozen carcasses and half-carcasses of bovine meat amounted to $5,404 per ton, waning by -2.6% against the previous year. Overall, the export price, however, enjoyed a tangible increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 91% against the previous year. Over the period under review, the average export prices attained the peak figure at $9,752 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($7,826 per ton), while the average price for exports to Bahrain amounted to $5,343 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (-0.9%).

Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Kenya

After two years of decline, overseas purchases of frozen carcasses and half-carcasses of bovine meat decreased by 0% to 130 kg in 2022. In general, imports faced a precipitous contraction. The smallest decline of 99.9% was in 2020.

In value terms, imports of frozen carcasses and half-carcasses of bovine meat totaled $233 in 2022. Over the period under review, imports continue to indicate a sharp descent. The smallest decline of 99.9% was in 2020.

Top Suppliers of Frozen Carcasses and Half-Carcasses of Bovine Meat to Kenya in 2022:

1. Italy (130.0 kg)

Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Kenya

In 2022, approx. 10 tons of frozen carcasses and half-carcasses of bovine meat were exported from Kenya; rising by 54% compared with the year before. In general, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 288% against the previous year. As a result, the exports reached the peak of 14 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of frozen carcasses and half-carcasses of bovine meat skyrocketed to $56K in 2022. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 300%. As a result, the exports attained the peak of $74K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Frozen Carcasses and Half-Carcasses of Bovine Meat from Kenya in 2022:

1. Bahrain (10.0 tons)
2. United Arab Emirates (0.3 tons)

Source: IndexBox Market Intelligence Platform