Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Iran - 2022
Contents:
- Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Iran (CIF) - 2022
- Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Iran (FOB) - 2022
- Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Iran
- Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Iran
Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Iran (CIF) - 2022
The average import price for frozen carcasses and half-carcasses of bovine meat stood at $6,529 per ton in 2022, growing by 8.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($6,071 per ton), while the price for Brazil stood at $5,801 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+3.3%).
Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Iran (FOB) - 2022
In 2022, the average export price for frozen carcasses and half-carcasses of bovine meat amounted to $232 per ton, declining by -11.3% against the previous year. Overall, the export price saw a significant contraction. The pace of growth appeared the most rapid in 2016 a decrease of -9.9%. The export price peaked at $2,366 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -5.7% per year.
Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Iran
In 2022, approx. 640 tons of frozen carcasses and half-carcasses of bovine meat were imported into Iran; shrinking by -4.5% against the previous year. Overall, imports recorded a noticeable curtailment. The smallest decline of -4.5% was in 2020.
In value terms, imports of frozen carcasses and half-carcasses of bovine meat expanded to $4.2M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Carcasses and Half-Carcasses of Bovine Meat in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 3.7 | 3.9 | 4.0 | 3.9 | 1.8% |
| Others | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Total | 3.8 | 3.9 | 4.0 | 4.2 | 3.4% |
Top Suppliers of Frozen Carcasses and Half-Carcasses of Bovine Meat to Iran in 2022:
- Brazil (678.8 tons)
Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Iran
In 2022, after three years of growth, there was decline in shipments abroad of frozen carcasses and half-carcasses of bovine meat, when their volume decreased by -0.9% to 36 tons. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 4.7% against the previous year. As a result, the exports attained the peak of 36 tons, leveling off in the following year.
In value terms, exports of frozen carcasses and half-carcasses of bovine meat fell to $8.3K in 2022. Over the period under review, exports continue to indicate a deep reduction. The smallest decline of -12.1% was in 2021.
| Export of Frozen Carcasses and Half-Carcasses of Bovine Meat in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 12.3 | 10.8 | 9.5 | 10.1 | -6.4% |
| Others | N/A | N/A | N/A | -1.8 | 0% |
| Total | 12.3 | 10.8 | 9.5 | 8.3 | -12.3% |
Top Export Markets for Frozen Carcasses and Half-Carcasses of Bovine Meat from Iran in 2022:
- United Arab Emirates (35.4 tons)
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