Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in France - 2023
Contents:
- Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in France (FOB) - 2023
- Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in France (CIF) - 2023
- Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in France
- Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in France
Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in France (FOB) - 2023
The average export price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $8,907 per ton in October 2023, increasing by 44% against the previous month. Over the period under review, export price indicated a prominent expansion from October 2022 to October 2023: its price increased at an average monthly rate of +5.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for fresh or chilled carcasses and half-carcasses of bovine meat increased by +43.6% against September 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From October 2022 to October 2023, the rate of growth in terms of prices for the Netherlands amounted to +2.6% per month.
Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in France (CIF) - 2023
The average import price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $4,494 per ton in October 2023, reducing by -28.9% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 9.7% month-to-month. The import price peaked at $6,640 per ton in April 2023; however, from May 2023 to October 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 the UK.
From October 2022 to October 2023, the rate of growth in terms of prices for the UK amounted to +1.6% per month.
Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in France
Exports of fresh or chilled carcasses and half-carcasses of bovine meat from France skyrocketed to 66K tons in 2022, growing by 27% on the year before. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.4% against 2020 indices. 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 carcasses and half-carcasses of bovine meat skyrocketed to $344M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 11.9 | 20.1 | 42.8 | 118 | 114.8% |
| Italy | 71.9 | 75.7 | 66.6 | 66.5 | -2.6% |
| Greece | 61.1 | 56.4 | 58.2 | 62.6 | 0.8% |
| Belgium | 43.0 | 36.0 | 55.9 | 54.4 | 8.2% |
| Germany | 32.3 | 32.7 | 35.7 | 35.3 | 3.0% |
| Others | 13.9 | 5.3 | 6.1 | 7.5 | -18.6% |
| Total | 234 | 226 | 265 | 344 | 13.7% |
Top Export Markets for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat from France in 2022:
- Netherlands (25.9K tons)
- Italy (11.1K tons)
- Belgium (10.8K tons)
- Greece (10.7K tons)
- Germany (6.1K tons)
Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in France
In 2022, imports of fresh or chilled carcasses and half-carcasses of bovine meat into France soared to 42K tons, with an increase of 29% against the year before. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.6% 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 +55.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fresh or chilled carcasses and half-carcasses of bovine meat surged to $226M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.2 | 0.5 | 22.2 | 67.1 | 594.9% |
| Belgium | 68.7 | 69.5 | 72.0 | 65.2 | -1.7% |
| Netherlands | 37.1 | 40.4 | 42.1 | 45.5 | 7.0% |
| Spain | 8.0 | 9.5 | 12.3 | 21.6 | 39.2% |
| Italy | 9.3 | 6.9 | 7.1 | 11.2 | 6.4% |
| Germany | 9.2 | 7.0 | 9.4 | 9.8 | 2.1% |
| Ireland | 2.7 | 3.8 | 4.5 | 3.7 | 11.1% |
| Others | 1.7 | 2.1 | 5.0 | 1.8 | 1.9% |
| Total | 137 | 140 | 175 | 226 | 18.2% |
Top Suppliers of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat to France in 2022:
- United Kingdom (16.3K tons)
- Belgium (10.2K tons)
- Netherlands (7.8K tons)
- Spain (3.5K tons)
- Italy (1.8K tons)
- Germany (1.4K tons)
- Ireland (0.6K tons)
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