Price for Meat of Bovine Animals; Frozen in Uruguay - 2022
Contents:
- Price for Meat of Bovine Animals; Frozen in Uruguay (FOB) - 2022
- Price for Meat of Bovine Animals; Frozen in Uruguay (CIF) - 2022
- Exports of Meat of Bovine Animals; Frozen in Uruguay
- Imports of Meat of Bovine Animals; Frozen in Uruguay
Price for Meat of Bovine Animals; Frozen in Uruguay (FOB) - 2022
The average export price for meat of bovine animals; frozen stood at $6,201 per ton in 2022, increasing by 33% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. As a result, the export price attained 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 Brazil ($9,635 per ton), while the average price for exports to Russia ($3,329 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 (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat of Bovine Animals; Frozen in Uruguay (CIF) - 2022
The average import price for meat of bovine animals; frozen stood at $3,616 per ton in 2022, picking up by 6.6% against the previous year. In general, the import price, however, showed a noticeable setback. The growth pace was the most rapid in 2013 when the average import price increased by 16% against the previous year. As a result, import price attained the peak level of $6,140 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Paraguay ($3,664 per ton), while the price for Brazil amounted to $3,582 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Meat of Bovine Animals; Frozen in Uruguay
In 2022, exports of meat of bovine animals; frozen from Uruguay reduced dramatically to 342K tons, which is down by -25.4% compared with the previous year's figure. In general, exports saw a slight contraction. The growth pace was the most rapid in 2021 when exports increased by 70%. As a result, the exports reached the peak of 458K tons, and then reduced markedly in the following year.
In value terms, meat of bovine animals; frozen exports reduced slightly to $2.1B in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.1% 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 +68.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. As a result, the exports reached the peak of $2.1B, leveling off in the following year.
| Export of Meat of Bovine Animals; Frozen in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,150 | 741 | 1,536 | 1,477 | 8.7% |
| United States | 198 | 241 | 229 | 275 | 11.6% |
| Israel | 32.5 | 47.7 | 87.6 | 74.9 | 32.1% |
| Brazil | 33.0 | 25.8 | 47.3 | 52.6 | 16.8% |
| Canada | 27.9 | 69.9 | 41.8 | 46.7 | 18.7% |
| Others | 106 | 135 | 196 | 196 | 22.7% |
| Total | 1,547 | 1,260 | 2,137 | 2,122 | 11.1% |
Top Export Markets for Meat of Bovine Animals; Frozen from Uruguay in 2022:
- China (258.0K tons)
- United States (38.2K tons)
- Israel (8.9K tons)
- Canada (8.6K tons)
- Brazil (5.5K tons)
Imports of Meat of Bovine Animals; Frozen in Uruguay
In 2022, approx. 4.8K tons of meat of bovine animals; frozen were imported into Uruguay; increasing by 36% compared with the year before. In general, imports, however, recorded a perceptible contraction.
In value terms, meat of bovine animals; frozen imports soared to $17M in 2022. Overall, imports continue to indicate a relatively flat trend pattern.
| Import of Meat of Bovine Animals; Frozen in Uruguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 13.9 | 7.3 | 5.7 | 10.3 | -9.5% |
| Paraguay | 0.5 | 4.4 | 5.2 | 6.9 | 139.9% |
| United States | 1.0 | 7.1 | 0.2 | N/A | -55.3% |
| Others | 1.7 | 0.8 | 0.8 | N/A | -31.4% |
| Total | 17.1 | 19.5 | 11.9 | 17.2 | 0.2% |
Top Suppliers of Meat of Bovine Animals; Frozen to Uruguay in 2022:
- Brazil (2.9K tons)
- Paraguay (1.9K tons)
821
This report provides an in-depth analysis of the beef market in Uruguay.
4228
This report provides an in-depth analysis of the global beef market.
961
Global Beef Market Report 2019. This report provides an in-depth analysis of the global beef market.
498
Global Frozen Beef Carcase Market Report 2018. This report provides an in-depth analysis of the global frozen beef carcase market.
469
Explore the top import markets for beef, including China, the United States, South Korea, and more. Discover key statistics and figures from the IndexBox market intelligence platform.
698
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
1795
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
1310
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
3867
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
1647
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1971
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
1035
In 2015, the countries with the highest levels of production in 2015 were the United States (X thousand tons), Brazil (X thousand tons), China (X thousand tons), together accounting for X% of total output.
1254
France dominates in the global beef trade. In 2014, France exported X thousand tons of beef totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total beef exports in value terms
