Price for Frozen Boneless Cuts of Bovine Meat in Algeria - 2022
Contents:
- Price for Frozen Boneless Cuts of Bovine Meat in Algeria (CIF) - 2022
- Price for Frozen Boneless Cuts of Bovine Meat in Algeria (FOB) - 2022
- Imports of Frozen Boneless Cuts of Bovine Meat in Algeria
- Exports of Frozen Boneless Cuts of Bovine Meat in Algeria
Price for Frozen Boneless Cuts of Bovine Meat in Algeria (CIF) - 2022
The average import price for frozen boneless cuts of bovine meat stood at $2,922 per ton in 2022, falling by -4.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 8.6%. The import price peaked at $3,359 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($5,649 per ton), while the price for Uruguay ($836 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (-0.4%), while the prices for the other major suppliers experienced a decline.
Price for Frozen Boneless Cuts of Bovine Meat in Algeria (FOB) - 2022
In 2020, the average export price for frozen boneless cuts of bovine meat amounted to $2,858 per ton, dropping by -12% against the previous year. In general, the export price recorded a deep slump. The export price peaked at $5,805 per ton in 2017; however, from 2018 to 2020, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Congo.
From 2015 to 2020, the rate of growth in terms of prices for Greenland amounted to -2.9% per year.
Imports of Frozen Boneless Cuts of Bovine Meat in Algeria
In 2022, the amount of frozen boneless cuts of bovine meat imported into Algeria reduced sharply to 3.1K tons, shrinking by -43.2% compared with the previous year. Over the period under review, imports continue to indicate a dramatic contraction. The smallest decline of -27% was in 2020.
In value terms, imports of frozen boneless cuts of bovine meat fell dramatically to $9.1M in 2022. Overall, imports saw a precipitous decline. The smallest decline of -25.7% was in 2020.
| Import of Frozen Boneless Cuts of Bovine Meat in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 60.8 | 44.5 | 10.3 | 4.5 | -58.0% |
| Brazil | 10.6 | 7.7 | 4.1 | 2.7 | -36.6% |
| Ireland | 1.1 | 1.3 | 1.0 | 1.0 | -3.1% |
| Australia | 0.3 | 0.4 | 0.3 | 0.3 | 0.0% |
| Argentina | 0.8 | 0.7 | 0.4 | 0.3 | -27.9% |
| Uruguay | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.5 | 0.5 | 0.5 | 0.3 | -15.7% |
| Total | 74.1 | 55.1 | 16.7 | 9.1 | -50.3% |
Top Suppliers of Frozen Boneless Cuts of Bovine Meat to Algeria in 2022:
- India (1595.9 tons)
- Brazil (998.9 tons)
- Ireland (265.3 tons)
- Australia (55.3 tons)
- Uruguay (48.1 tons)
- Argentina (47.5 tons)
Exports of Frozen Boneless Cuts of Bovine Meat in Algeria
In 2020, exports of frozen boneless cuts of bovine meat from Algeria skyrocketed to 55 tons, increasing by 97% compared with the previous year's figure. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of frozen boneless cuts of bovine meat surged to $158K in 2020. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Boneless Cuts of Bovine Meat in Algeria (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 |
| Congo | 90.9 | 158 | 73.8% |
| Others | N/A | N/A | 0% |
| Total | 90.9 | 158 | 73.8% |
Top Export Markets for Frozen Boneless Cuts of Bovine Meat from Algeria in 2022:
- Congo (55.1 tons)
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