Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Algeria - 2022

Contents:

  1. Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Algeria (CIF) - 2022
  2. Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Algeria

Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Algeria (CIF) - 2022

The average import price for fresh or chilled boneless cuts of bovine meat stood at $4,398 per ton in 2022, rising by 2% against the previous year. Overall, the import price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 8.6% against the previous year. The import price peaked at $5,360 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($4,680 per ton), while the price for Spain ($2,162 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-1.8%), while the prices for the other major suppliers experienced a decline.

Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Algeria

In 2022, imports of fresh or chilled boneless cuts of bovine meat into Algeria shrank notably to 4.6K tons, which is down by -25.5% against the previous year's figure. Over the period under review, imports showed a significant decrease. The smallest decline of -25.5% was in 2021.

In value terms, imports of fresh or chilled boneless cuts of bovine meat reduced dramatically to $20M in 2022. Overall, imports showed a significant contraction.

Import of Fresh or Chilled Boneless Cuts of Bovine Meat in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil51.033.725.319.0-28.0%
Italy0.40.50.50.614.5%
Spain0.60.50.40.4-12.6%
Others0.20.20.10.1-20.6%
Total52.234.826.420.1-27.2%

Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Algeria in 2022:

  1. Brazil (4.2K tons)
  2. Spain (0.2K tons)
  3. Italy (0.1K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fresh or chilled boneless cuts of bovine meat - Algeria