Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Norway - 2024

Contents:

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

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

The average import price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $4,185 per ton in 2022, surging by 24% against the previous year. In general, the import price, however, showed a mild slump. The import price peaked at $5,801 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Estonia.

From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to +34.9% per year.

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

The average export price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $2,194 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2018 when the average export price decreased by -2%. The export price peaked at $3,186 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Denmark amounted to +428.9% per year.

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

After three years of growth, overseas purchases of fresh or chilled carcasses and half-carcasses of bovine meat decreased by -99.5% to 2.5 tons in 2022. In general, imports showed a dramatic setback. The growth pace was the most rapid in 2020 with an increase of 2.6%.

In value terms, imports of fresh or chilled carcasses and half-carcasses of bovine meat declined markedly to $10K in 2022. Over the period under review, imports recorded a sharp decline. The pace of growth was the most pronounced in 2020 when imports increased by 0.7% against the previous year.

Import of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EstoniaN/AN/A4.810.5118.8%
BotswanaN/A197N/AN/A0%
Swaziland15314994.0N/A-21.6%
Germany14477.033.3N/A-51.9%
Denmark13.516.68.3N/A-21.6%
Netherlands18.219.529.5N/A27.3%
Others1,2021,0821,383N/A7.3%
Total1,5301,5421,55310.5-81.0%

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

  1. Estonia (2.5 tons)

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

In 2022, the amount of fresh or chilled carcasses and half-carcasses of bovine meat exported from Norway amounted to 14 tons, leveling off at the year before. In general, exports saw a deep downturn. The smallest decline of 99.9% was in 2021.

In value terms, exports of fresh or chilled carcasses and half-carcasses of bovine meat totaled $31K in 2022. Over the period under review, exports faced a abrupt slump. The smallest decline of 99.9% was in 2021.

Export of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Norway (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
TanzaniaN/AN/A30.70%
Kuwait40.9N/AN/A0%
OthersN/AN/AN/A0%
Total40.9N/A30.7-13.4%

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

  1. Tanzania (14.0 tons)

Source: IndexBox Market Intelligence Platform

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