Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Slovakia - 2023
Contents:
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Slovakia (CIF) - 2023
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Slovakia (FOB) - 2022
- Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Slovakia
- Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Slovakia
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Slovakia (CIF) - 2023
In August 2023, the average import price for fresh or chilled boneless cuts of bovine meat amounted to $8,014 per ton, remaining stable against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 17% against the previous month. As a result, import price reached the peak level of $8,315 per ton. From May 2023 to August 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($11,688 per ton), while the price for Spain ($6,357 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Spain (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Slovakia (FOB) - 2022
In 2022, the average export price for fresh or chilled boneless cuts of bovine meat amounted to $14,861 per ton, with an increase of 64% against the previous year. Over the period under review, the export price posted a slight expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($16,054 per ton), while the average price for exports to Germany ($7,527 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 the Czech Republic (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Slovakia
In 2022, imports of fresh or chilled boneless cuts of bovine meat into Slovakia stood at 8.1K tons, approximately reflecting the year before. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of fresh or chilled boneless cuts of bovine meat totaled $61M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 38%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Fresh or Chilled Boneless Cuts of Bovine Meat in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 15.1 | 20.2 | 23.7 | 25.9 | 19.7% |
| Poland | 4.8 | 4.1 | 8.5 | 8.7 | 21.9% |
| Ireland | 5.7 | 4.5 | 6.2 | 7.2 | 8.1% |
| Austria | 1.0 | 2.7 | 2.9 | 5.5 | 76.5% |
| Hungary | 0.3 | 0.3 | 3.7 | 5.2 | 158.8% |
| Netherlands | 6.2 | 2.6 | 4.0 | 4.5 | -10.1% |
| Belgium | 1.5 | 1.3 | 1.8 | 2.0 | 10.1% |
| Others | 12.1 | 3.8 | 3.9 | 2.2 | -43.3% |
| Total | 46.8 | 39.4 | 54.6 | 61.0 | 9.2% |
Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Slovakia in 2022:
- Czech Republic (3.6K tons)
- Poland (1.2K tons)
- Ireland (1.0K tons)
- Austria (0.7K tons)
- Hungary (0.6K tons)
- Netherlands (0.5K tons)
- Belgium (0.3K tons)
Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Slovakia
In 2022, approx. 11 tons of fresh or chilled boneless cuts of bovine meat were exported from Slovakia; which is down by -61.5% against the previous year. Overall, exports showed a precipitous shrinkage. The smallest decline of -56.1% was in 2021.
In value terms, exports of fresh or chilled boneless cuts of bovine meat plummeted to $163K in 2022. In general, exports saw a dramatic shrinkage.
| Export of Fresh or Chilled Boneless Cuts of Bovine Meat in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 729 | 236 | 182 | 142 | -42.0% |
| Austria | 189 | 25.1 | 15.7 | 14.5 | -57.5% |
| Germany | N/A | N/A | 0.2 | 3.0 | 1400.0% |
| Hungary | 1,072 | 230 | 60.0 | 2.3 | -87.1% |
| Others | 4.9 | 0.3 | N/A | 0.6 | -50.3% |
| Total | 1,995 | 492 | 258 | 163 | -56.6% |
Top Export Markets for Fresh or Chilled Boneless Cuts of Bovine Meat from Slovakia in 2022:
- Czech Republic (8.9 tons)
- Austria (1.4 tons)
- Germany (0.4 tons)
- Hungary (0.2 tons)
655
This report provides an in-depth analysis of the beef market in Slovakia.
645
This report provides an in-depth analysis of the meat and poultry market in Slovakia.
701
This report provides an in-depth analysis of the meat market in Slovakia.
400
This report provides an in-depth analysis of the fresh beef carcase market in Slovakia.
600
Global Fresh Beef Cut Market Report 2018. This report provides an in-depth analysis of the global fresh beef cut market.
4436
This report provides an in-depth analysis of the global beef market.
2219
This report provides an in-depth analysis of the global meat and poultry market.
2853
This report provides an in-depth analysis of the global meat market.
1014
Global Beef Market Report 2019. This report provides an in-depth analysis of the global beef market.
877
This report provides an in-depth analysis of the global fresh beef carcase market.
659
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.
855
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
1870
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
1372
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
4106
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
1823
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
2033
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
1180
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.
1292
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
215
Discover the leading countries driving global meat and poultry imports, including key statistics and market insights.
