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

Contents:

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

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

In 2022, the average export price for fresh or chilled carcasses and half-carcasses of bovine meat amounted to $8,415 per ton, growing by 7.5% against the previous year. Over the period under review, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 46% against the previous year. The export price peaked at $8,933 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2012 to 2022, the rate of growth in terms of prices for Bhutan amounted to +16.6% per year.

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

In 2022, the average import price for fresh or chilled carcasses and half-carcasses of bovine meat amounted to $1,944 per ton, shrinking by -2.1% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2015 an increase of 25%. As a result, import price attained the peak level of $6,347 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($2,175 per ton), while the price for the United Arab Emirates totaled $898 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-13.9%).

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

In 2022, exports of fresh or chilled carcasses and half-carcasses of bovine meat from India contracted dramatically to 4.3 tons, reducing by -96.6% on 2021. In general, exports faced a significant decrease. The smallest decline of -65% was in 2021.

In value terms, exports of fresh or chilled carcasses and half-carcasses of bovine meat reduced remarkably to $36K in 2022. Over the period under review, exports showed a dramatic downturn. The smallest decline of -69.3% was in 2021.

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

1. Qatar (4.3 tons)

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

In 2022, imports of fresh or chilled carcasses and half-carcasses of bovine meat into India soared to 3.7 tons, increasing by 182% on 2021. Over the period under review, imports continue to indicate a buoyant expansion. 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 $7.2K in 2022. In general, imports, however, continue to indicate a abrupt contraction.

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

1. United Kingdom (3.0 tons)
2. United Arab Emirates (0.7 tons)

Source: IndexBox Market Intelligence Platform