Price for Meat of Bovine Animals; Frozen in the Netherlands - 2023
Contents:
- Price for Meat of Bovine Animals; Frozen in the Netherlands (FOB) - 2023
- Price for Meat of Bovine Animals; Frozen in the Netherlands (CIF) - 2023
- Exports of Meat of Bovine Animals; Frozen in the Netherlands
- Imports of Meat of Bovine Animals; Frozen in the Netherlands
Price for Meat of Bovine Animals; Frozen in the Netherlands (FOB) - 2023
In July 2023, the average export price for meat of bovine animals; frozen amounted to $8,512 per ton, approximately mirroring the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 18% m-o-m. Over the period under review, the average export prices hit record highs at $8,823 per ton in May 2023; however, from June 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Portugal ($15,630 per ton), while the average price for exports to Poland ($3,703 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat of Bovine Animals; Frozen in the Netherlands (CIF) - 2023
In July 2023, the average import price for meat of bovine animals; frozen amounted to $7,786 per ton, shrinking by -2.6% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in March 2023 an increase of 15% m-o-m. The import price peaked at $7,993 per ton in June 2023, and then contracted modestly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was New Zealand ($14,489 per ton), while the price for Spain ($5,223 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 Bulgaria (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Meat of Bovine Animals; Frozen in the Netherlands
Meat of bovine animals; frozen exports from the Netherlands reduced modestly to 65K tons in 2022, with a decrease of -4.2% on the year before. The total export volume increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. As a result, the exports attained the peak of 68K tons, and then shrank modestly in the following year.
In value terms, meat of bovine animals; frozen exports rose sharply to $492M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 47%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Meat of Bovine Animals; Frozen in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 74.0 | 57.8 | 81.6 | 90.9 | 7.1% |
| France | 29.9 | 28.9 | 46.7 | 43.9 | 13.7% |
| United Kingdom | 12.3 | 18.6 | 23.4 | 43.7 | 52.6% |
| Italy | 10.9 | 34.4 | 37.8 | 33.8 | 45.8% |
| Portugal | 9.6 | 7.2 | 20.4 | 25.9 | 39.2% |
| Belgium | 17.3 | 15.9 | 21.6 | 23.5 | 10.7% |
| United States | 7.0 | 7.9 | 12.9 | 22.2 | 46.9% |
| Sweden | 10.8 | 11.6 | 20.2 | 19.9 | 22.6% |
| Greece | 7.7 | 4.9 | 8.6 | 13.6 | 20.9% |
| Romania | 2.8 | 4.3 | 8.9 | 13.4 | 68.5% |
| Czech Republic | 1.7 | 2.1 | 2.7 | 9.3 | 76.2% |
| Bulgaria | 1.6 | 1.3 | 3.5 | 8.9 | 77.2% |
| Philippines | 1.3 | 5.2 | 11.3 | 7.8 | 81.7% |
| Others | 105 | 93.7 | 131 | 135 | 8.7% |
| Total | 292 | 294 | 431 | 492 | 19.0% |
Top Export Markets for Meat of Bovine Animals; Frozen from the Netherlands in 2022:
- Germany (10.5K tons)
- United Kingdom (10.4K tons)
- France (5.3K tons)
- Italy (3.7K tons)
- Belgium (3.4K tons)
- United States (2.9K tons)
- Philippines (2.2K tons)
- Bulgaria (2.1K tons)
- Greece (1.8K tons)
- Portugal (1.7K tons)
- Sweden (1.7K tons)
- Czech Republic (1.6K tons)
- Romania (1.5K tons)
Imports of Meat of Bovine Animals; Frozen in the Netherlands
In 2022, the amount of meat of bovine animals; frozen imported into the Netherlands contracted to 50K tons, reducing by -14.7% on 2021. Over the period under review, imports recorded a perceptible slump. The pace of growth was the most pronounced in 2021 with an increase of 5.4% against the previous year. As a result, imports attained the peak of 59K tons, and then declined in the following year.
In value terms, meat of bovine animals; frozen imports expanded rapidly to $353M in 2022. The total import value increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 8.4%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Meat of Bovine Animals; Frozen in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 33.1 | 48.0 | 49.4 | 63.4 | 24.2% |
| France | 4.2 | 4.3 | 40.9 | 61.6 | 144.8% |
| Ireland | 25.8 | 33.1 | 37.2 | 41.0 | 16.7% |
| Uruguay | 10.9 | 12.8 | 18.3 | 32.6 | 44.1% |
| Belgium | 32.1 | 25.2 | 29.7 | 27.3 | -5.3% |
| Poland | 32.7 | 29.0 | 29.5 | 26.5 | -6.8% |
| Germany | 74.6 | 57.0 | 44.6 | 24.1 | -31.4% |
| New Zealand | 12.3 | 12.9 | 10.3 | 18.1 | 13.7% |
| Spain | 15.0 | 20.0 | 20.7 | 9.4 | -14.4% |
| United Kingdom | 30.1 | 25.7 | 6.6 | 6.4 | -40.3% |
| Romania | 4.7 | 8.1 | 10.8 | 6.2 | 9.7% |
| Australia | 3.3 | 2.0 | 1.8 | 5.1 | 15.6% |
| Italy | 3.5 | 4.0 | 6.9 | 4.8 | 11.1% |
| Others | 12.7 | 19.6 | 20.4 | 26.2 | 27.3% |
| Total | 295 | 302 | 327 | 353 | 6.2% |
Top Suppliers of Meat of Bovine Animals; Frozen to the Netherlands in 2022:
- France (9.2K tons)
- Brazil (6.8K tons)
- Ireland (5.9K tons)
- Germany (4.9K tons)
- Poland (4.7K tons)
- Belgium (4.5K tons)
- Uruguay (2.8K tons)
- Spain (2.0K tons)
- New Zealand (1.8K tons)
- Romania (1.0K tons)
- United Kingdom (1.0K tons)
- Australia (0.8K tons)
- Italy (0.8K tons)
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