Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Denmark - 2023
Contents:
- Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Denmark (FOB) - 2022
- Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Denmark (CIF) - 2022
- Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Denmark
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 16.9 | 31.5 | 35.6 | 29.1 | 19.9% |
Finland | N/A | N/A | N/A | 0.5 | 0% |
Poland | 76.1 | N/A | N/A | N/A | 0% |
United Arab Emirates | 7.8 | N/A | N/A | N/A | 0% |
Others | 2.9 | 1.4 | N/A | 4.5 | 15.8% |
Total | 104 | 32.9 | 35.6 | 34.1 | -31.0% |
Top Export Markets for Frozen Carcasses and Half-Carcasses of Bovine Meat from Denmark in 2022:
- Sweden (1637.0 kg)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | N/A | N/A | 41.7 | 25.9 | -37.9% |
Sweden | N/A | N/A | 3.2 | 1.0 | -68.8% |
Finland | N/A | N/A | N/A | 0.5 | 0% |
Lithuania | N/A | N/A | 23.1 | N/A | 0% |
Netherlands | N/A | N/A | 10.4 | N/A | 0% |
Others | 0.2 | N/A | N/A | 0.2 | 0.0% |
Total | 0.2 | N/A | 78.3 | 27.5 | 416.1% |
Top Suppliers of Frozen Carcasses and Half-Carcasses of Bovine Meat to Denmark in 2022:
- Belgium (1621.0 kg)
- Sweden (175.0 kg)
- Finland (73.0 kg)
This report provides an in-depth analysis of the beef market in Denmark.
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