Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Germany - 2023
Contents:
- Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Germany (FOB) - 2023
- Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Germany (CIF) - 2023
- Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Germany
- Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Germany
Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Germany (FOB) - 2023
The average export price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $5,181 per ton in October 2023, growing by 9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. As a result, the export price attained 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 Spain amounted to +1.3% per month.
Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Germany (CIF) - 2023
The average import price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $5,798 per ton in August 2023, approximately mirroring the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 8.1% month-to-month. Over the period under review, average import prices hit record highs at $5,947 per ton in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from France ($6,471 per ton) and Poland ($5,846 per ton), while the price for Lithuania ($5,178 per ton) and Denmark ($5,382 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Germany
Exports of fresh or chilled carcasses and half-carcasses of bovine meat from Germany rose remarkably to 40K tons in 2022, picking up by 10% against 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern.
In value terms, exports of fresh or chilled carcasses and half-carcasses of bovine meat skyrocketed to $191M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% 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 +61.4% against 2020 indices. As a result, the exports attained 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 Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 76.0 | 54.7 | 64.4 | 103 | 10.7% |
Switzerland | 19.3 | 20.4 | 29.5 | 31.4 | 17.6% |
Italy | 14.7 | 16.4 | 17.9 | 19.0 | 8.9% |
Austria | 11.6 | 12.7 | 18.8 | 17.0 | 13.6% |
Poland | 4.8 | 3.4 | 2.2 | 9.8 | 26.9% |
Others | 9.4 | 10.7 | 13.1 | 10.4 | 3.4% |
Total | 136 | 118 | 146 | 191 | 12.0% |
Top Export Markets for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat from Germany in 2022:
- Netherlands (23.0K tons)
- Switzerland (5.9K tons)
- Austria (3.8K tons)
- Italy (3.4K tons)
- Poland (2.0K tons)
Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Germany
In 2022, the amount of fresh or chilled carcasses and half-carcasses of bovine meat imported into Germany rose markedly to 31K tons, with an increase of 5.3% against the year before. In general, imports, however, continue to indicate a perceptible contraction. The growth pace was the most rapid in 2020 with an increase of 5.9% against the previous year. As a result, imports attained the peak of 36K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of fresh or chilled carcasses and half-carcasses of bovine meat rose to $162M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 6.2% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 66.0 | 66.8 | 59.2 | 53.5 | -6.8% |
Poland | 23.5 | 37.1 | 40.7 | 43.1 | 22.4% |
France | 15.8 | 18.3 | 21.2 | 22.8 | 13.0% |
Italy | 8.7 | 6.2 | 4.9 | 15.4 | 21.0% |
Belgium | 11.7 | 6.3 | 11.0 | 13.7 | 5.4% |
Lithuania | N/A | N/A | 0.9 | 3.7 | 311.1% |
Denmark | 0.5 | 0.6 | 2.9 | 3.0 | 81.7% |
Ireland | 7.5 | 5.2 | 7.7 | 1.6 | -40.2% |
United Kingdom | 4.1 | 5.0 | N/A | N/A | 22.0% |
Others | 3.0 | 3.8 | 7.2 | 5.1 | 19.3% |
Total | 141 | 149 | 156 | 162 | 4.7% |
Top Suppliers of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat to Germany in 2022:
- Netherlands (10.0K tons)
- Poland (8.2K tons)
- France (4.1K tons)
- Italy (3.6K tons)
- Belgium (2.6K tons)
- Lithuania (0.8K tons)
- Denmark (0.6K tons)
- Ireland (0.3K tons)
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