Price for Meat of Bovine Animals; Frozen in France - 2023
Contents:
- Price for Meat of Bovine Animals; Frozen in France (CIF) - 2023
- Price for Meat of Bovine Animals; Frozen in France (FOB) - 2022
- Imports of Meat of Bovine Animals; Frozen in France
- Exports of Meat of Bovine Animals; Frozen in France
Price for Meat of Bovine Animals; Frozen in France (CIF) - 2023
The average import price for meat of bovine animals; frozen stood at $6,569 per ton in July 2023, surging by 2.9% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 6.8% against the previous month. Over the period under review, average import prices attained the peak figure at $6,585 per ton in April 2023; afterwards, it flattened through to July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Belgium ($7,540 per ton), while the price for the UK ($4,775 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Bovine Animals; Frozen in France (FOB) - 2022
The average export price for meat of bovine animals; frozen stood at $6,364 per ton in 2022, increasing by 38% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat of bovine animals; frozen export price increased by +55.4% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($8,510 per ton), while the average price for exports to Vietnam ($2,031 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Bovine Animals; Frozen in France
In 2022, the amount of meat of bovine animals; frozen imported into France skyrocketed to 82K tons, surging by 18% on 2021 figures. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, meat of bovine animals; frozen imports surged to $525M in 2022. Over the period under review, imports enjoyed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Meat of Bovine Animals; Frozen in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 70.1 | 68.9 | 70.2 | 108 | 15.5% |
| Poland | 53.0 | 54.2 | 65.3 | 101 | 24.0% |
| Netherlands | 39.7 | 39.7 | 64.1 | 98.9 | 35.6% |
| Germany | 62.4 | 41.8 | 39.9 | 72.7 | 5.2% |
| Italy | 25.5 | 19.7 | 27.8 | 42.9 | 18.9% |
| Spain | 27.8 | 20.7 | 25.1 | 38.7 | 11.7% |
| United Kingdom | 9.4 | 9.7 | 16.1 | 24.9 | 38.4% |
| Others | 29.9 | 16.9 | 20.9 | 38.0 | 8.3% |
| Total | 318 | 272 | 330 | 525 | 18.2% |
Top Suppliers of Meat of Bovine Animals; Frozen to France in 2022:
- Ireland (17.4K tons)
- Poland (16.0K tons)
- Netherlands (12.6K tons)
- Germany (12.3K tons)
- Italy (6.5K tons)
- Spain (6.2K tons)
- United Kingdom (4.7K tons)
Exports of Meat of Bovine Animals; Frozen in France
In 2022, shipments abroad of meat of bovine animals; frozen decreased by -8.5% to 22K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% 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 +47.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 57% against the previous year. As a result, the exports reached the peak of 24K tons, and then fell in the following year.
In value terms, meat of bovine animals; frozen exports skyrocketed to $142M in 2022. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 77% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Meat of Bovine Animals; Frozen in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.3 | 2.1 | 34.7 | 42.5 | 164.4% |
| Belgium | 21.8 | 19.0 | 24.9 | 30.4 | 11.7% |
| Germany | 4.0 | 7.5 | 6.3 | 7.7 | 24.4% |
| Sweden | 0.9 | 1.3 | 6.2 | 7.6 | 103.6% |
| Spain | 3.2 | 2.4 | 5.7 | 7.0 | 29.8% |
| Italy | 4.1 | 3.6 | 5.0 | 6.1 | 14.2% |
| United Kingdom | 2.8 | 1.9 | 3.6 | 4.4 | 16.3% |
| China | 3.2 | 2.7 | 2.3 | 3.3 | 1.0% |
| Greece | 3.4 | 1.9 | 2.0 | 2.9 | -5.2% |
| Hong Kong SAR | 1.5 | 2.5 | 1.6 | 2.3 | 15.3% |
| Poland | 0.8 | 0.6 | 1.8 | 2.2 | 40.1% |
| Ireland | 1.7 | 0.5 | 0.6 | 1.1 | -13.5% |
| Vietnam | 0.6 | 0.9 | 0.7 | 0.9 | 14.5% |
| Others | 11.9 | 16.9 | 17.5 | 23.8 | 26.0% |
| Total | 62.2 | 63.8 | 113 | 142 | 31.7% |
Top Export Markets for Meat of Bovine Animals; Frozen from France in 2022:
- Netherlands (6.1K tons)
- Belgium (4.5K tons)
- Germany (1.3K tons)
- Sweden (1.1K tons)
- Spain (1.1K tons)
- United Kingdom (0.9K tons)
- Poland (0.8K tons)
- Italy (0.7K tons)
- Greece (0.6K tons)
- Hong Kong SAR (0.6K tons)
- Ireland (0.5K tons)
- Vietnam (0.4K tons)
- China (0.4K tons)
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