Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Azerbaijan - 2023

Contents:

1. Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Azerbaijan (CIF) - 2023
2. Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Azerbaijan (FOB) - 2022
3. Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Azerbaijan
4. Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Azerbaijan

Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Azerbaijan (CIF) - 2023

In December 2023, the average import price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $3,782 per ton, rising by 3.4% against the previous month. In general, the import price, however, showed a mild reduction. Over the period under review, average import prices hit record highs at $4,514 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.

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

From December 2022 to December 2023, the rate of growth in terms of prices for Belarus amounted to -1.4% per month.

Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Azerbaijan (FOB) - 2022

In 2022, the average export price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $10,018 per ton, flattening at the previous year. In general, the export price recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 an increase of 99% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2017 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +8.7% per year.

Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Azerbaijan

In 2022, the amount of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat imported into Azerbaijan contracted to 914 tons, reducing by -5.6% compared with the previous year. In general, imports recorded a abrupt curtailment.

In value terms, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat expanded significantly to $3.7M in 2022. Over the period under review, imports continue to indicate a perceptible slump.

Top Suppliers of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Azerbaijan in 2022:

1. Belarus (911.9 tons)

Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Azerbaijan

In 2022, the amount of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat exported from Azerbaijan skyrocketed to 800 kg, picking up by 3,536% on 2021. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat skyrocketed to $8K in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Azerbaijan in 2022:

1. Qatar (800.0 kg)

Source: IndexBox Market Intelligence Platform