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New Zealand - Fresh Or Chilled Carcases Of Beef And Veal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Beef Carcase Price in New Zealand - 2023
Contents:
- Fresh Beef Carcase Price in New Zealand (FOB) - 2023
- Fresh Beef Carcase Price in New Zealand (CIF) - 2022
- Fresh Beef Carcase Exports in New Zealand
- Fresh Beef Carcase Imports in New Zealand
Fresh Beef Carcase Price in New Zealand (FOB) - 2023
The average fresh beef carcase export price stood at $10,075 per ton in August 2023, reducing by -17.4% against the previous month. Over the period under review, the export price showed a slight reduction. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 20% against the previous month. As a result, the export price attained the peak level of $12,645 per ton. From December 2022 to August 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($20,506 per ton), while the average price for exports to Japan ($5,030 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Fresh Beef Carcase Price in New Zealand (CIF) - 2022
In 2022, the average fresh beef carcase import price amounted to $9,347 per ton, falling by -18.8% against the previous year. In general, the import price, however, saw a mild increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 85%. The import price peaked at $20,624 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +8.5% per year.
Fresh Beef Carcase Exports in New Zealand
Fresh beef carcase exports from New Zealand skyrocketed to 1.3K tons in 2022, with an increase of 60% compared with the previous year's figure. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.3% 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 +76.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, fresh beef carcase exports surged to $14M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +88.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Fresh Beef Carcase in New Zealand (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 1,953 | 1,638 | 2,125 | 2,904 | 14.1% |
French Polynesia | 1,604 | 1,483 | 1,844 | 2,440 | 15.0% |
United States | 705 | 799 | 1,391 | 1,925 | 39.8% |
South Korea | 70.6 | 5.0 | 77.5 | 1,301 | 164.1% |
Bahrain | 322 | 303 | 403 | 674 | 27.9% |
Singapore | 323 | 354 | 416 | 622 | 24.4% |
New Caledonia | 362 | 387 | 411 | 616 | 19.4% |
Saudi Arabia | 716 | 566 | 429 | 613 | -5.0% |
China | 1,494 | 405 | 266 | 603 | -26.1% |
Oman | 286 | 273 | 372 | 544 | 23.9% |
Canada | 160 | 241 | 370 | 442 | 40.3% |
Australia | 38.4 | 4.1 | 14.7 | 256 | 88.2% |
Kuwait | 253 | 208 | 235 | 250 | -0.4% |
Others | 1,385 | 925 | 741 | 1,128 | -6.6% |
Total | 9,670 | 7,590 | 9,096 | 14,318 | 14.0% |
Top Export Markets for Fresh Beef Carcase from New Zealand in 2022:
- United Arab Emirates (289.4 tons)
- French Polynesia (213.1 tons)
- South Korea (176.2 tons)
- United States (123.5 tons)
- China (68.1 tons)
- Bahrain (61.4 tons)
- Saudi Arabia (52.2 tons)
- New Caledonia (46.1 tons)
- Oman (45.9 tons)
- Singapore (41.4 tons)
- Canada (38.1 tons)
- Australia (29.0 tons)
- Kuwait (26.9 tons)
Fresh Beef Carcase Imports in New Zealand
Fresh beef carcase imports into New Zealand declined markedly to 64 tons in 2022, which is down by -22.9% compared with 2021 figures. In general, imports, however, continue to indicate a measured expansion. The growth pace was the most rapid in 2021 with an increase of 1,270%. As a result, imports attained the peak of 84 tons, and then shrank significantly in the following year.
In value terms, fresh beef carcase imports fell markedly to $603K in 2022. Over the period under review, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,042%. As a result, imports attained the peak of $963K, and then fell notably in the following year.
Import of Fresh Beef Carcase in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 402 | 83.3 | 963 | 603 | 14.5% |
United Arab Emirates | 24.6 | N/A | N/A | N/A | 0% |
Others | N/A | 1.1 | N/A | N/A | 0% |
Total | 427 | 84.3 | 963 | 603 | 12.2% |
Top Suppliers of Fresh Beef Carcase to New Zealand in 2022:
- Australia (64.5 tons)
This report provides an in-depth analysis of the fresh beef carcase market in New Zealand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10111140 - Fresh or chilled carcases, half-carcases and quarters with bone in, of beef and veal
Country coverage:
- New Zealand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in New Zealand
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
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.
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