Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Kazakhstan - 2022

Contents:

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

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

In 2022, the average import price for frozen carcasses and half-carcasses of bovine meat amounted to $3,679 per ton, rising by 11% against the previous year. Overall, the import price, however, recorded a slight contraction. The pace of growth was the most pronounced in 2017 an increase of 18% against the previous year. Over the period under review, average import prices hit record highs at $4,437 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belarus ($3,686 per ton), while the price for Russia totaled $2,261 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (+18.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for frozen carcasses and half-carcasses of bovine meat amounted to $8,000 per ton, increasing by 32% against the previous year. In general, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 82%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Kyrgyzstan amounted to +24.4% per year.

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

For the third year in a row, Kazakhstan recorded decline in purchases abroad of frozen carcasses and half-carcasses of bovine meat, which decreased by -63.4% to 555 tons in 2022. Overall, imports showed a precipitous curtailment. The smallest decline of -20.3% was in 2021.

In value terms, imports of frozen carcasses and half-carcasses of bovine meat fell sharply to $2M in 2022. In general, imports recorded a dramatic decline. The smallest decline of -12% was in 2021.

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

1. Belarus (551.9 tons)
2. Russia (3.0 tons)

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

Exports of frozen carcasses and half-carcasses of bovine meat from Kazakhstan fell significantly to 643 kg in 2022, declining by -69% on the previous year's figure. Over the period under review, exports recorded a sharp decline.

In value terms, exports of frozen carcasses and half-carcasses of bovine meat shrank dramatically to $5.1K in 2022. In general, exports continue to indicate a sharp downturn.

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

1. United Arab Emirates (643.0 kg)

Source: IndexBox Market Intelligence Platform