Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the United Arab Emirates - 2022
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the United Arab Emirates (CIF) - 2022
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the United Arab Emirates (FOB) - 2022
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the United Arab Emirates
- Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the United Arab Emirates
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $5,749 per ton, growing by 6.3% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 33% against the previous year. As a result, import price reached the peak level of $6,297 per ton. From 2016 to 2022, the average 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 the United States ($11,676 per ton), while the price for India ($2,574 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+9.5%), 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 the United Arab Emirates (FOB) - 2022
The average export price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $6,357 per ton in 2022, which is down by -10.9% against the previous year. In general, the export price, however, showed resilient growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 558% against the previous year. As a result, the export price attained the peak level of $7,131 per ton, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Afghanistan ($15,769 per ton), while the average price for exports to Oman ($3,234 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 Bangladesh (+50.0%), 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 United Arab Emirates
For the third year in a row, the United Arab Emirates recorded decline in overseas purchases of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat, which decreased by -1.6% to 2.6K tons in 2022. Over the period under review, imports recorded a pronounced setback.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat expanded to $15M in 2022. Overall, imports recorded a noticeable shrinkage.
| Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.7 | 7.2 | 4.7 | 5.1 | -12.8% |
| Brazil | 2.0 | 2.1 | 2.4 | 2.6 | 9.1% |
| Australia | 1.4 | 1.6 | 1.9 | 2.0 | 12.6% |
| Poland | 1.5 | 0.5 | 1.4 | 1.5 | 0.0% |
| Netherlands | 1.0 | 0.9 | 1.1 | 1.2 | 6.3% |
| South Africa | 0.4 | 0.5 | 0.8 | 0.8 | 26.0% |
| New Zealand | 2.0 | 1.1 | 0.3 | 0.4 | -41.5% |
| Pakistan | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Others | 1.0 | 1.0 | 1.3 | 1.1 | 3.2% |
| Total | 17.1 | 15.5 | 14.3 | 14.9 | -4.5% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to the United Arab Emirates in 2022:
- Brazil (610.0 tons)
- Australia (470.0 tons)
- United States (433.0 tons)
- Netherlands (350.0 tons)
- Poland (200.0 tons)
- South Africa (199.0 tons)
- Pakistan (73.0 tons)
- New Zealand (70.0 tons)
Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the United Arab Emirates
For the third year in a row, the United Arab Emirates recorded decline in shipments abroad of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat, which decreased by -30.4% to 63 tons in 2022. In general, exports faced a dramatic curtailment. The smallest decline of -26.5% was in 2020.
In value terms, exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat shrank remarkably to $398K in 2022. Over the period under review, exports recorded a dramatic descent. The smallest decline of -11.2% was in 2021.
| Export of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 199 | 91.2 | 92.0 | 99.3 | -20.7% |
| Oman | 527 | 139 | 72.1 | 77.6 | -47.2% |
| Eritrea | N/A | N/A | 51.0 | 55.3 | 8.4% |
| Pakistan | 355 | 70.5 | 35.9 | 38.4 | -52.4% |
| Iraq | 103 | 32.8 | 30.5 | 32.7 | -31.8% |
| Seychelles | 24.1 | 13.1 | 27.0 | 28.9 | 6.2% |
| Qatar | N/A | N/A | 21.8 | 23.4 | 7.3% |
| Somalia | 64.4 | 44.2 | 6.9 | 7.4 | -51.4% |
| Yemen | N/A | 107 | N/A | N/A | 0% |
| China | 105 | N/A | N/A | N/A | 0% |
| Uzbekistan | 263 | N/A | N/A | N/A | 0% |
| Others | 401 | 223 | 304 | 34.5 | -55.9% |
| Total | 2,042 | 722 | 641 | 398 | -42.0% |
Top Export Markets for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from the United Arab Emirates in 2022:
- Oman (24.0 tons)
- Eritrea (9.0 tons)
- Pakistan (7.1 tons)
- Afghanistan (6.3 tons)
- Seychelles (5.2 tons)
- Qatar (4.4 tons)
- Iraq (3.8 tons)
- Somalia (0.9 tons)
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