Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Israel - 2023
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Israel (CIF) - 2022
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Israel
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Israel (CIF) - 2022
The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $5,192 per ton in 2022, growing by 4.9% against the previous year. Over the period under review, the import price, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 43%. As a result, import price reached the peak level of $6,470 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($5,192 per ton), while the price for France amounted to $5,192 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-0.6%), while the prices for the other major suppliers experienced a decline.
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Israel
In 2022, after two years of decline, there was significant growth in overseas purchases of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat, when their volume increased by 82% to 3.2K tons. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +2.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat surged to $16M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Israel (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 8.0 | 9.4 | 7.6 | 15.6 | 24.9% |
France | 4.1 | 0.9 | 1.1 | 0.8 | -42.0% |
Others | 1.0 | N/A | N/A | N/A | 0% |
Total | 13.1 | 10.3 | 8.6 | 16.4 | 7.8% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Israel in 2022:
- Poland (3.0K tons)
- France (0.2K tons)
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