Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands - 2023
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands (FOB) - 2023
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands (CIF) - 2023
- Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands (FOB) - 2023
In November 2023, the average export price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $10,401 per ton, growing by 2.6% against the previous month. Over the period under review, the export price saw prominent growth. The growth pace was the most rapid in April 2023 when the average export price increased by 78% m-o-m. The export price peaked in November 2023.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was the United States ($12,722 per ton), while the average price for exports to Belgium ($6,752 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands (CIF) - 2023
In November 2023, the average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $5,328 per ton, surging by 14% against the previous month. Over the period under review, import price indicated a prominent expansion from November 2022 to November 2023: its price increased at an average monthly rate of +5.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat increased by +14.2% against October 2023 indices. The growth pace was the most rapid in March 2023 an increase of 31% against the previous month. The import price peaked in November 2023.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was New Zealand ($9,646 per ton), while the price for Romania ($4,766 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+9.8%), 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 the Netherlands
In 2022, approx. 10K tons of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat were exported from the Netherlands; picking up by 37% on 2021 figures. In general, exports saw a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat skyrocketed to $50M in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.0 | 3.5 | 6.1 | 10.3 | 50.9% |
| Bulgaria | 0.1 | 0.1 | 0.2 | 5.7 | 284.9% |
| Czech Republic | 0.1 | 0.1 | N/A | 4.9 | 265.9% |
| Romania | 0.5 | 0.4 | 0.9 | 2.7 | 75.4% |
| Philippines | 1.2 | 3.5 | 5.8 | 2.5 | 27.7% |
| Germany | 3.0 | 1.5 | 2.7 | 2.4 | -7.2% |
| Canada | 0.3 | 0.6 | 0.9 | 2.2 | 94.3% |
| Spain | 1.6 | 1.0 | 0.8 | 1.9 | 5.9% |
| Hungary | 0.1 | 0.1 | 0.1 | 1.7 | 157.1% |
| Italy | 1.4 | 0.7 | 1.3 | 1.6 | 4.6% |
| France | 1.5 | 1.2 | 1.1 | 1.4 | -2.3% |
| Greece | 1.2 | 0.4 | 1.1 | 1.3 | 2.7% |
| United Kingdom | 0.7 | 0.4 | 0.9 | 1.1 | 16.3% |
| Others | 10.8 | 9.1 | 12.8 | 10.5 | -0.9% |
| Total | 25.6 | 22.5 | 34.9 | 50.1 | 25.1% |
Top Export Markets for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from the Netherlands in 2022:
- Czech Republic (1302.2 tons)
- United States (1071.5 tons)
- Canada (835.1 tons)
- Philippines (809.3 tons)
- Bulgaria (734.9 tons)
- Romania (532.6 tons)
- France (448.7 tons)
- Germany (420.1 tons)
- Spain (416.5 tons)
- Hungary (410.6 tons)
- Greece (307.4 tons)
- United Kingdom (280.5 tons)
- Italy (259.4 tons)
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands
In 2022, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat into the Netherlands surged to 5.9K tons, with an increase of 429% against 2021 figures. Overall, imports recorded significant growth. 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 soared to $16M in 2022. In general, imports showed a significant expansion. As a result, imports attained 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 the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.0 | 0.9 | 1.2 | 4.6 | 66.3% |
| Bulgaria | N/A | N/A | N/A | 2.7 | 0% |
| Belgium | 0.5 | 0.5 | 1.5 | 2.0 | 58.7% |
| Poland | 2.1 | 2.1 | 2.8 | 1.9 | -3.3% |
| Ireland | 0.1 | 0.1 | N/A | 1.5 | 146.6% |
| Spain | 0.2 | 0.1 | 0.2 | 1.1 | 76.5% |
| Italy | 0.1 | 0.3 | 0.4 | 0.7 | 91.3% |
| Others | 1.0 | 0.5 | 0.6 | 1.7 | 19.3% |
| Total | 5.0 | 4.4 | 6.7 | 16.2 | 48.0% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to the Netherlands in 2022:
- Belgium (776.2 tons)
- Poland (730.8 tons)
- Germany (710.6 tons)
- Ireland (511.5 tons)
- Bulgaria (452.5 tons)
- Italy (231.8 tons)
- Spain (196.7 tons)
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