Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Czech Republic - 2023

Contents:

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

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

The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $2,438 per ton in 2022, growing by 16% against the previous year. Over the period under review, the import price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 17%. Over the period under review, average import prices attained the peak figure at $5,324 per ton in 2015; however, from 2016 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 Italy ($8,332 per ton), while the price for Austria ($1,141 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $1,647 per ton in 2022, jumping by 71% against the previous year. In general, the export price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 93% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,296 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($38,091 per ton), while the average price for exports to Denmark ($464 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 Austria (+118.7%), 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 the Czech Republic

In 2022, the amount of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat imported into the Czech Republic skyrocketed to 383 tons, increasing by 60% against the previous year. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +18.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2019 indices. As a result, imports reached 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 skyrocketed to $934K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three-year period. 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.

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

1. Netherlands (257.2 tons)
2. Austria (43.7 tons)
3. Poland (37.2 tons)
4. France (12.8 tons)
5. Italy (10.7 tons)
6. Germany (8.8 tons)
7. Ireland (8.1 tons)

Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Czech Republic

In 2022, the amount of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat exported from the Czech Republic shrank sharply to 59 tons, waning by -39.9% on 2021 figures. Overall, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year.

In value terms, exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat rose to $96K in 2022. In general, exports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 4.7% against the previous year.

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

1. Denmark (40.3 tons)
2. Hungary (9.8 tons)
3. Slovakia (6.6 tons)
4. Germany (1.7 tons)

Source: IndexBox Market Intelligence Platform