Price for Frozen Boneless Cuts of Bovine Meat in Uzbekistan - 2023
Contents:
- Price for Frozen Boneless Cuts of Bovine Meat in Uzbekistan (CIF) - 2023
- Imports of Frozen Boneless Cuts of Bovine Meat in Uzbekistan
Price for Frozen Boneless Cuts of Bovine Meat in Uzbekistan (CIF) - 2023
The average import price for frozen boneless cuts of bovine meat stood at $3,696 per ton in November 2023, picking up by 5.1% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 17% month-to-month. As a result, import price reached the peak level of $4,614 per ton. From February 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Russia ($6,613 per ton), while the price for Ukraine ($2,500 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 India (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Frozen Boneless Cuts of Bovine Meat in Uzbekistan
For the fourth consecutive year, Uzbekistan recorded growth in supplies from abroad of frozen boneless cuts of bovine meat, which increased by 180% to 6.6K tons in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen boneless cuts of bovine meat surged to $30M in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 268% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Frozen Boneless Cuts of Bovine Meat in Uzbekistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 0.9 | 0.6 | 2.1 | 9.6 | 120.1% |
Russia | N/A | 1.4 | 8.2 | 8.3 | 143.5% |
Brazil | N/A | N/A | N/A | 7.0 | 0% |
Belarus | 0.1 | 0.6 | 0.9 | 3.7 | 233.2% |
Ukraine | 0.1 | 0.4 | 0.9 | 1.2 | 128.9% |
Others | 0.1 | 0.4 | 0.4 | 0.5 | 71.0% |
Total | 1.2 | 3.4 | 12.5 | 30.5 | 194.0% |
Top Suppliers of Frozen Boneless Cuts of Bovine Meat to Uzbekistan in 2022:
- India (2.8K tons)
- Brazil (1.4K tons)
- Russia (1.3K tons)
- Belarus (0.7K tons)
- Ukraine (0.3K tons)
This report provides an in-depth analysis of the beef market in Uzbekistan.
This report provides an in-depth analysis of the global beef market.
Global Beef Market Report 2019. This report provides an in-depth analysis of the global beef market.
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