Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uzbekistan - 2023
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uzbekistan (CIF) - 2023
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uzbekistan
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uzbekistan (CIF) - 2023
The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $3,596 per ton in November 2023, increasing by 5.5% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average import price increased by 16% month-to-month. Over the period under review, average import prices hit record highs at $4,032 per ton in February 2023; however, from March 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Russia ($16,123 per ton), while the price for Pakistan ($3,159 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 Russia (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uzbekistan
Imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat into Uzbekistan surged to 3.6K tons in 2022, growing by 16% compared with the previous year's figure. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 388%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat shrank to $15M in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 448%.
| Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 0.3 | 6.3 | 9.9 | 9.9 | 220.8% |
| Ukraine | 1.3 | 4.1 | 4.4 | 3.2 | 35.0% |
| Mongolia | N/A | N/A | N/A | 0.5 | 0% |
| Russia | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Pakistan | N/A | N/A | N/A | 0.4 | 0% |
| Others | 0.2 | 0.3 | 1.0 | 0.1 | -20.6% |
| Total | 1.9 | 10.7 | 15.4 | 14.6 | 97.3% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Uzbekistan in 2022:
- Belarus (2395.4 tons)
- Ukraine (860.0 tons)
- Mongolia (140.0 tons)
- Pakistan (99.2 tons)
- Russia (83.2 tons)
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