Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bangladesh - 2022
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bangladesh (FOB) - 2022
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bangladesh (CIF) - 2022
- Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bangladesh
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bangladesh
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bangladesh (FOB) - 2022
In 2022, the average export price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $6,571 per ton, growing by 53% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($9,445 per ton), while the average price for exports to Kuwait amounted to $2,519 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+6.4%).
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bangladesh (CIF) - 2022
In 2022, the average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $10,046 per ton, with a decrease of -2.6% against the previous year. Over the period under review, the import price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of 111% against the previous year. The import price peaked at $10,312 per ton in 2021, and then shrank slightly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($47,000 per ton), while the price for the United Arab Emirates ($5,475 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bangladesh
In 2022, overseas shipments of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat decreased by -0.4% to 34 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 with an increase of 40%. As a result, the exports reached the peak of 57 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat soared to $223K in 2022. Over the period under review, exports recorded a pronounced slump.
Export of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Maldives | 174 | 175 | 82.1 | 187 | 2.4% |
Kuwait | 70.8 | 34.5 | 64.2 | 35.4 | -20.6% |
Others | 3.5 | N/A | N/A | N/A | 0% |
Total | 249 | 210 | 146 | 223 | -3.6% |
Top Export Markets for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Bangladesh in 2022:
- Maldives (19.8 tons)
- Kuwait (14.1 tons)
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bangladesh
In 2022, approx. 629 kg of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat were imported into Bangladesh; reducing by -71.1% compared with the previous year's figure. Over the period under review, imports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 121% against the previous year.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat reduced markedly to $6.3K in 2022. In general, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 267%.
Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 7.0 | 2.4 | 7.4 | 2.2 | -32.0% |
Australia | 16.4 | 0.9 | 7.4 | 1.9 | -51.3% |
United States | 4.1 | 1.3 | 3.8 | 1.0 | -37.5% |
Malaysia | 3.9 | 1.0 | 2.4 | 0.6 | -46.4% |
Singapore | 1.0 | 0.4 | 1.4 | 0.2 | -41.5% |
Others | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
Total | 32.5 | 6.1 | 22.4 | 6.3 | -42.1% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Bangladesh in 2022:
- United Arab Emirates (400.0 kg)
- United States (145.0 kg)
- Australia (40.0 kg)
- Malaysia (32.0 kg)
- Singapore (4.0 kg)
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