Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ireland - 2023
Contents:
- Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ireland (FOB) - 2023
- Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ireland (CIF) - 2023
- Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ireland
- Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ireland
Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ireland (FOB) - 2023
The average export price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $4,681 per ton in October 2023, standing approximately at the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in December 2022 when the average export price increased by 4.4% against the previous month. The export price peaked at $4,941 per ton in June 2023; however, from July 2023 to October 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In October 2023, the country with the highest price was the Netherlands ($5,218 per ton), while the average price for exports to the UK stood at $4,635 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.2%).
Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ireland (CIF) - 2023
The average import price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $4,531 per ton in October 2023, picking up by 118% against the previous month. In general, the import price saw a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the UK ($4,213 per ton), while the price for Germany totaled $2,438 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the UK (+7.9%).
Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ireland
In 2022, after two years of decline, there was significant growth in shipments abroad of fresh or chilled carcasses and half-carcasses of bovine meat, when their volume increased by 47% to 15K tons. Over the period under review, exports, however, recorded a abrupt decrease.
In value terms, exports of fresh or chilled carcasses and half-carcasses of bovine meat skyrocketed to $68M in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage.
| Export of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 64.7 | 70.3 | 37.1 | 61.1 | -1.9% |
| Netherlands | 20.2 | 9.5 | 7.3 | 6.2 | -32.5% |
| France | 3.0 | 2.7 | 1.6 | 0.1 | -67.8% |
| Denmark | 2.0 | 3.0 | 0.5 | N/A | -50.0% |
| Others | 3.6 | 3.8 | 1.0 | 0.5 | -48.2% |
| Total | 93.5 | 89.3 | 47.4 | 68.0 | -10.1% |
Top Export Markets for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat from Ireland in 2022:
- United Kingdom (13.5K tons)
- Netherlands (1.2K tons)
Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ireland
In 2022, purchases abroad of fresh or chilled carcasses and half-carcasses of bovine meat decreased by -31.5% to 2.8K tons, falling for the second year in a row after two years of growth. Overall, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. As a result, imports reached the peak of 6.9K 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 reduced remarkably to $6.4M in 2022. Over the period under review, imports recorded a precipitous decrease. The growth pace was the most rapid in 2020 with an increase of 19% against the previous year. As a result, imports attained the peak of $20M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 15.4 | 19.5 | 11.6 | 6.3 | -25.8% |
| Poland | 1.1 | 0.3 | 0.1 | N/A | -69.8% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 16.6 | 19.8 | 11.7 | 6.4 | -27.2% |
Top Suppliers of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat to Ireland in 2022:
- United Kingdom (2.7K tons)
539
This report provides an in-depth analysis of the fresh beef carcase market in Ireland.
805
This report provides an in-depth analysis of the beef market in Ireland.
680
This report provides an in-depth analysis of the meat and poultry market in Ireland.
828
This report provides an in-depth analysis of the meat market in Ireland.
567
This report provides an in-depth analysis of the beef market in Ireland.
340
This report provides an in-depth analysis of the fresh beef cut market in Ireland.
877
This report provides an in-depth analysis of the global fresh beef carcase market.
4436
This report provides an in-depth analysis of the global beef market.
2219
This report provides an in-depth analysis of the global meat and poultry market.
2853
This report provides an in-depth analysis of the global meat market.
245
Discover the top-10 countries leading the world in importing fresh beef carcase in 2022. Explore key statistics and market insights.
659
Explore the top import markets for beef, including China, the United States, South Korea, and more. Discover key statistics and figures from the IndexBox market intelligence platform.
855
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
1870
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
1372
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
4106
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
1823
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
2033
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
1180
In 2015, the countries with the highest levels of production in 2015 were the United States (X thousand tons), Brazil (X thousand tons), China (X thousand tons), together accounting for X% of total output.
1292
France dominates in the global beef trade. In 2014, France exported X thousand tons of beef totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total beef exports in value terms
