Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Greece - 2023

Contents:

1. Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Greece (CIF) - 2023
2. Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Greece (FOB) - 2022
3. Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Greece
4. Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Greece

Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Greece (CIF) - 2023

In October 2023, the average import price for fresh or chilled carcasses and half-carcasses of bovine meat amounted to $6,306 per ton, growing by 2.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in April 2023 when the average import price increased by 5.6% against the previous month. As a result, import price reached the peak level of $6,502 per ton. From May 2023 to October 2023, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the countries with the highest prices were Spain ($6,685 per ton) and Austria ($6,339 per ton), while the price for Italy ($5,071 per ton) and Germany ($5,503 per ton) were amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Greece (FOB) - 2022

The average export price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $4,302 per ton in 2022, falling by -4.1% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fresh or chilled carcasses and half-carcasses of bovine meat decreased by -11.4% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 45%. Over the period under review, the average export prices reached the maximum at $4,855 per ton in 2020; however, from 2021 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 Germany ($15,390 per ton), while the average price for exports to Bulgaria ($2,454 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 Germany (+33.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Greece

In 2022, purchases abroad of fresh or chilled carcasses and half-carcasses of bovine meat decreased by -1.2% to 21K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 5.9%. As a result, imports attained the peak of 22K tons, and then fell modestly in the following year.

In value terms, imports of fresh or chilled carcasses and half-carcasses of bovine meat expanded remarkably to $118M in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat to Greece in 2022:

1. France (9.3K tons)
2. Spain (7.9K tons)
3. Italy (1.1K tons)
4. Germany (0.9K tons)
5. Netherlands (0.6K tons)
6. Austria (0.6K tons)
7. Poland (0.4K tons)

Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Greece

In 2022, the amount of fresh or chilled carcasses and half-carcasses of bovine meat exported from Greece skyrocketed to 120 tons, with an increase of 243% compared with the year before. Overall, 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 carcasses and half-carcasses of bovine meat skyrocketed to $514K in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat from Greece in 2022:

1. Cyprus (73.6 tons)
2. Bulgaria (34.8 tons)
3. Italy (4.3 tons)
4. Germany (3.9 tons)
5. Romania (2.6 tons)
6. France (0.1 tons)

Source: IndexBox Market Intelligence Platform