Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Kazakhstan - 2022

Contents:

  1. Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Kazakhstan (CIF) - 2022
  2. Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Kazakhstan (FOB) - 2022
  3. Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Kazakhstan
  4. Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Kazakhstan

Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Kazakhstan (CIF) - 2022

The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $3,555 per ton in 2022, growing by 15% against the previous year. In general, the import price, however, saw a slight downturn. The pace of growth was the most pronounced in 2017 an increase of 19%. Over the period under review, average import prices attained the maximum at $3,965 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Russia ($4,831 per ton), while the price for Ukraine ($3,018 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+0.0%), while the prices for the other major suppliers experienced a decline.

Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Kazakhstan (FOB) - 2022

In 2022, the average export price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $3,704 per ton, therefore, remained relatively stable against the previous year. In general, the export price recorded a mild decline. The growth pace was the most rapid in 2015 an increase of 21%. As a result, the export price attained the peak level of $5,620 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($7,645 per ton), while the average price for exports to the United Arab Emirates totaled $5,966 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+14.0%), while the prices for the other major destinations experienced a decline.

Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Kazakhstan

In 2022, overseas purchases of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat decreased by -60.5% to 1.1K tons, falling for the second consecutive year after two years of growth. Overall, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 18%. As a result, imports reached the peak of 4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat fell remarkably to $3.9M in 2022. Over the period under review, imports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 22%. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus4.18.67.03.5-5.1%
Russia0.10.20.20.458.7%
Ukraine4.92.41.1N/A-52.6%
Others0.20.20.2N/A0.0%
Total9.311.38.53.9-25.1%

Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Kazakhstan in 2022:

  1. Belarus (1012.5 tons)
  2. Russia (74.0 tons)
  3. Ukraine (1.6 tons)

Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Kazakhstan

After three years of growth, overseas shipments of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat decreased by -34.4% to 384 tons in 2022. Over the period under review, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 73%.

In value terms, exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat contracted markedly to $1.4M in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 74%. As a result, the exports attained the peak of $2.2M, and then shrank notably in the following year.

Export of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan6.07.512.410.219.3%
United Arab EmiratesN/AN/A1.04.2320.0%
Russia80.862.046.1N/A-24.5%
China6391,1832,125N/A82.4%
Others0.65.51.91,4061228.2%
Total7261,2582,1861,42125.1%

Top Export Markets for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Kazakhstan in 2022:

  1. Uzbekistan (1.3 tons)
  2. United Arab Emirates (0.7 tons)

Source: IndexBox Market Intelligence Platform

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