Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Denmark - 2023

Contents:

  1. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Denmark (FOB) - 2022
  2. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Denmark (CIF) - 2022
  3. Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Denmark
  4. Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Denmark

Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Denmark (FOB) - 2022

The average export price for frozen carcasses and half-carcasses of bovine meat stood at $19,914 per ton in 2022, with an increase of 45% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 62%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($17,790 per ton), while the average price for exports to Finland stood at $6,315 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Denmark (CIF) - 2022

The average import price for frozen carcasses and half-carcasses of bovine meat stood at $14,667 per ton in 2022, with an increase of 85% against the previous year. Overall, the import price enjoyed buoyant growth. Over the period under review, average import prices reached the peak figure at $20,778 per ton in 2019; however, from 2020 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 Belgium ($15,970 per ton), while the price for Sweden ($5,434 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Denmark

In 2022, exports of frozen carcasses and half-carcasses of bovine meat from Denmark declined significantly to 1.7 tons, reducing by -33.9% on 2021. Overall, exports faced a dramatic contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 4.9%.

In value terms, exports of frozen carcasses and half-carcasses of bovine meat reduced to $34K in 2022. Over the period under review, exports showed a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 8.1% against the previous year.

Export of Frozen Carcasses and Half-Carcasses of Bovine Meat in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden16.931.535.629.119.9%
FinlandN/AN/AN/A0.50%
Poland76.1N/AN/AN/A0%
United Arab Emirates7.8N/AN/AN/A0%
Others2.91.4N/A4.515.8%
Total10432.935.634.1-31.0%

Top Export Markets for Frozen Carcasses and Half-Carcasses of Bovine Meat from Denmark in 2022:

  1. Sweden (1637.0 kg)
  2. Finland (73.0 kg)

Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Denmark

In 2022, supplies from abroad of frozen carcasses and half-carcasses of bovine meat decreased by -81% to 1.9 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed significant growth.

In value terms, imports of frozen carcasses and half-carcasses of bovine meat dropped dramatically to $27K in 2022. In general, imports, however, showed a significant increase.

Import of Frozen Carcasses and Half-Carcasses of Bovine Meat in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/A41.725.9-37.9%
SwedenN/AN/A3.21.0-68.8%
FinlandN/AN/AN/A0.50%
LithuaniaN/AN/A23.1N/A0%
NetherlandsN/AN/A10.4N/A0%
Others0.2N/AN/A0.20.0%
Total0.2N/A78.327.5416.1%

Top Suppliers of Frozen Carcasses and Half-Carcasses of Bovine Meat to Denmark in 2022:

  1. Belgium (1621.0 kg)
  2. Sweden (175.0 kg)
  3. Finland (73.0 kg)

Source: IndexBox Market Intelligence Platform

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