Price for Fresh or Chilled Boneless Cuts of Bovine Meat in the Netherlands - 2023
Contents:
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in the Netherlands (FOB) - 2023
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in the Netherlands (CIF) - 2023
- Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in the Netherlands
- Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in the Netherlands
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in the Netherlands (FOB) - 2023
The average export price for fresh or chilled boneless cuts of bovine meat stood at $9,685 per ton in October 2023, shrinking by -4.1% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 12% month-to-month. The export price peaked at $10,974 per ton in May 2023; however, from June 2023 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($20,696 per ton), while the average price for exports to the UK ($8,156 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in the Netherlands (CIF) - 2023
In October 2023, the average import price for fresh or chilled boneless cuts of bovine meat amounted to $13,455 per ton, picking up by 21% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($19,534 per ton), while the price for Brazil ($10,349 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.5%), 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 the Netherlands
In 2022, approx. 246K tons of fresh or chilled boneless cuts of bovine meat were exported from the Netherlands; rising by 3.7% against the previous year's figure. Over the period under review, exports, however, saw a relatively flat trend pattern.
In value terms, exports of fresh or chilled boneless cuts of bovine meat expanded notably to $2.4B in 2022. The total export value increased at an average annual rate of +10.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Fresh or Chilled Boneless Cuts of Bovine Meat in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 523 | 640 | 673 | 746 | 12.6% |
| France | 289 | 235 | 306 | 432 | 14.3% |
| Spain | 162 | 115 | 163 | 172 | 2.0% |
| Denmark | 126 | 137 | 149 | 147 | 5.3% |
| Belgium | 70.2 | 78.3 | 92.8 | 125 | 21.2% |
| Italy | 92.2 | 90.1 | 111 | 122 | 9.8% |
| Portugal | 87.4 | 75.2 | 91.7 | 118 | 10.5% |
| Sweden | 78.5 | 82.5 | 108 | 101 | 8.8% |
| Czech Republic | 47.4 | 48.1 | 49.0 | 64.2 | 10.6% |
| United Kingdom | 81.9 | 82.6 | 55.7 | 54.7 | -12.6% |
| Greece | 43.6 | 41.5 | 45.9 | 52.5 | 6.4% |
| Austria | 46.9 | 30.6 | 39.4 | 48.8 | 1.3% |
| Poland | 11.3 | 8.0 | 12.1 | 27.9 | 35.2% |
| Others | 88.3 | 85.9 | 181 | 156 | 20.9% |
| Total | 1,747 | 1,750 | 2,077 | 2,367 | 10.7% |
Top Export Markets for Fresh or Chilled Boneless Cuts of Bovine Meat from the Netherlands in 2022:
- Germany (76.8K tons)
- France (49.1K tons)
- Denmark (15.5K tons)
- Belgium (14.4K tons)
- Spain (13.2K tons)
- Sweden (11.0K tons)
- Italy (10.9K tons)
- Portugal (10.7K tons)
- Czech Republic (8.3K tons)
- United Kingdom (7.0K tons)
- Greece (5.6K tons)
- Poland (4.7K tons)
- Austria (3.9K tons)
Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in the Netherlands
In 2022, imports of fresh or chilled boneless cuts of bovine meat into the Netherlands totaled 103K tons, with an increase of 7.5% against the year before. The total import volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fresh or chilled boneless cuts of bovine meat surged to $1.1B in 2022. The total import value increased at an average annual rate of +13.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Boneless Cuts of Bovine Meat in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 107 | 146 | 153 | 211 | 25.4% |
| United States | 81.8 | 121 | 125 | 169 | 27.4% |
| Uruguay | 116 | 119 | 137 | 160 | 11.3% |
| Ireland | 118 | 119 | 135 | 143 | 6.6% |
| Brazil | 46.1 | 59.0 | 71.3 | 80.7 | 20.5% |
| Australia | 63.9 | 68.8 | 72.9 | 79.5 | 7.6% |
| Belgium | 77.1 | 66.9 | 79.1 | 61.0 | -7.5% |
| Poland | 10.9 | 12.3 | 18.7 | 53.5 | 69.9% |
| United Kingdom | 60.5 | 46.3 | 33.2 | 32.7 | -18.5% |
| Germany | 31.6 | 32.5 | 42.5 | 30.6 | -1.1% |
| Others | 51.8 | 46.0 | 66.8 | 99.2 | 24.2% |
| Total | 766 | 837 | 934 | 1,120 | 13.5% |
Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to the Netherlands in 2022:
- Argentina (18.0K tons)
- Ireland (16.7K tons)
- Uruguay (13.0K tons)
- United States (10.2K tons)
- Poland (8.0K tons)
- Belgium (7.6K tons)
- Brazil (6.9K tons)
- Australia (4.7K tons)
- United Kingdom (4.3K tons)
- Germany (3.6K tons)
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