Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Tanzania - 2022
Contents:
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Tanzania (FOB) - 2022
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Tanzania (CIF) - 2022
- Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Tanzania
- Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Tanzania
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Tanzania (FOB) - 2022
The average export price for fresh or chilled boneless cuts of bovine meat stood at $1,136 per ton in 2022, declining by -55.4% against the previous year. Overall, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2015 when the average export price increased by 34%. Over the period under review, the average export prices attained the maximum at $2,779 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($6,051 per ton), while the average price for exports to Hong Kong SAR ($1,062 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 Oman (+13.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Tanzania (CIF) - 2022
The average import price for fresh or chilled boneless cuts of bovine meat stood at $8,842 per ton in 2022, surging by 65% against the previous year. Overall, the import price enjoyed a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 the Netherlands ($14,168 per ton), while the price for Italy ($3,167 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+47.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Tanzania
In 2022, exports of fresh or chilled boneless cuts of bovine meat from Tanzania surged to 207 tons, with an increase of 720% compared with the previous year. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled boneless cuts of bovine meat skyrocketed to $236K in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 553%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Fresh or Chilled Boneless Cuts of Bovine Meat in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 31.6 | 8.8 | 23.2 | 187 | 80.9% |
| Democratic Republic of the Congo | N/A | N/A | N/A | 34.0 | 0% |
| Others | 3.3 | 1.0 | 41.3 | 14.7 | 64.5% |
| Total | 34.8 | 9.9 | 64.5 | 236 | 89.3% |
Top Export Markets for Fresh or Chilled Boneless Cuts of Bovine Meat from Tanzania in 2022:
- Hong Kong SAR (176.1 tons)
- Democratic Republic of the Congo (28.0 tons)
Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Tanzania
In 2022, purchases abroad of fresh or chilled boneless cuts of bovine meat decreased by -97% to 355 kg, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 117% against the previous year. As a result, imports attained the peak of 13 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fresh or chilled boneless cuts of bovine meat declined rapidly to $3.1K in 2022. In general, imports saw a precipitous setback. The most prominent rate of growth was recorded in 2020 when imports increased by 92% against the previous year.
| Import of Fresh or Chilled Boneless Cuts of Bovine Meat in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 2.1 | 0% |
| United Kingdom | 0.6 | 1.1 | 1.4 | 1.0 | 18.6% |
| South Africa | 18.7 | 38.9 | 58.3 | N/A | 76.6% |
| Italy | N/A | N/A | N/A | N/A | 0% |
| Brazil | 1.4 | N/A | N/A | N/A | 0% |
| Others | 1.4 | 2.5 | 3.1 | N/A | 48.8% |
| Total | 22.1 | 42.5 | 62.8 | 3.1 | -48.0% |
Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Tanzania in 2022:
- United Kingdom (200.0 kg)
- Netherlands (149.0 kg)
- Italy (6.0 kg)
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