Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Italy - 2023
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Italy (CIF) - 2022
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Italy (FOB) - 2022
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Italy
- Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Italy
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Italy (CIF) - 2022
The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $3,969 per ton in 2022, surging by 24% against the previous year. In general, the import price, however, recorded a noticeable reduction. The import price peaked at $5,447 per ton in 2013; however, from 2014 to 2022, 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 Ireland ($6,874 per ton), while the price for Germany ($2,502 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Italy (FOB) - 2022
In 2022, the average export price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $5,375 per ton, surging by 22% against the previous year. Over the period under review, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat increased by +85.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 51% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($7,296 per ton), while the average price for exports to Cote d'Ivoire ($796 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Italy
Imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat into Italy reduced notably to 4.6K tons in 2022, declining by -18.6% on the previous year's figure. Overall, imports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 19%.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $18M in 2022. In general, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 28%.
| Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 11.8 | 1.2 | 2.1 | 6.2 | -19.3% |
| Germany | 12.0 | 6.7 | 6.6 | 4.2 | -29.5% |
| Netherlands | 1.4 | 1.3 | 2.4 | 2.5 | 21.3% |
| Spain | 4.3 | 0.8 | 0.5 | 1.5 | -29.6% |
| France | 0.8 | 0.7 | 0.7 | 1.0 | 7.7% |
| Ireland | 0.4 | 0.2 | 0.2 | 0.7 | 20.5% |
| Croatia | 0.1 | 2.1 | 3.9 | 0.7 | 91.3% |
| Austria | 1.9 | 0.3 | 0.5 | 0.2 | -52.8% |
| Belgium | 1.2 | 0.1 | 0.3 | 0.1 | -56.3% |
| Hungary | 1.2 | 0.5 | N/A | N/A | -58.3% |
| Others | 2.2 | 0.1 | 1.0 | 1.2 | -18.3% |
| Total | 37.2 | 14.1 | 18.1 | 18.3 | -21.1% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Italy in 2022:
- Germany (1689.2 tons)
- Poland (1432.3 tons)
- Netherlands (470.7 tons)
- Spain (289.5 tons)
- Croatia (230.0 tons)
- France (152.5 tons)
- Ireland (102.0 tons)
- Austria (41.5 tons)
- Belgium (5.7 tons)
Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Italy
For the third year in a row, Italy recorded decline in overseas shipments of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat, which decreased by -5.7% to 2.1K tons in 2022. Over the period under review, exports continue to indicate a sharp downturn.
In value terms, exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat skyrocketed to $11M in 2022. Overall, exports continue to indicate a perceptible reduction.
| Export of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3,432 | 1,707 | 1,955 | 4,096 | 6.1% |
| Greece | 818 | 209 | 400 | 1,723 | 28.2% |
| Netherlands | 288 | 325 | 684 | 1,203 | 61.0% |
| Germany | 491 | 247 | 593 | 413 | -5.6% |
| Malta | 101 | 96.9 | 159 | 399 | 58.1% |
| Canada | 448 | 56.9 | 365 | 380 | -5.3% |
| Angola | 3,194 | 4,251 | 1,860 | 293 | -54.9% |
| Slovenia | 103 | 111 | 202 | 275 | 38.7% |
| Philippines | N/A | N/A | N/A | 157 | 0% |
| Cote d'Ivoire | 444 | 222 | 79.8 | 103 | -38.6% |
| Ghana | 357 | 504 | N/A | 81.6 | -38.9% |
| Others | 2,088 | 2,035 | 3,318 | 1,962 | -2.1% |
| Total | 11,762 | 9,763 | 9,615 | 11,085 | -2.0% |
Top Export Markets for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Italy in 2022:
- France (819.9 tons)
- Greece (344.9 tons)
- Netherlands (167.8 tons)
- Cote d'Ivoire (129.3 tons)
- Angola (81.3 tons)
- Malta (60.8 tons)
- Canada (58.6 tons)
- Germany (57.8 tons)
- Ghana (50.8 tons)
- Philippines (49.6 tons)
- Slovenia (37.6 tons)
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