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

Contents:

  1. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Sri Lanka (FOB) - 2022
  2. Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Sri Lanka

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

In 2022, the average export price for frozen carcasses and half-carcasses of bovine meat amounted to $13,133 per ton, approximately reflecting the previous year. In general, the export price showed prominent growth. The growth pace was the most rapid in 2021 when the average export price increased by 19%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +9.0% per year.

Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Sri Lanka

In 2022, the amount of frozen carcasses and half-carcasses of bovine meat exported from Sri Lanka totaled 15 kg, approximately reflecting the previous year. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of frozen carcasses and half-carcasses of bovine meat totaled $197 in 2022. The total export value increased at an average annual rate of +9.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 19% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Frozen Carcasses and Half-Carcasses of Bovine Meat in Sri Lanka (USD)
COUNTRY20212022CAGR,
2021-2022
Maldives19698.0-50.0%
OthersN/A99.00%
Total1961970.5%

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

  1. Maldives (8.0 kg)

Source: IndexBox Market Intelligence Platform

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