Price for Meat of Bovine Animals; Fresh or Chilled in Finland - 2023
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Finland (CIF) - 2022
- Price for Meat of Bovine Animals; Fresh or Chilled in Finland (FOB) - 2022
- Imports of Meat of Bovine Animals; Fresh or Chilled in Finland
- Exports of Meat of Bovine Animals; Fresh or Chilled in Finland
Price for Meat of Bovine Animals; Fresh or Chilled in Finland (CIF) - 2022
The average import price for meat of bovine animals; fresh or chilled stood at $6,471 per ton in 2022, jumping by 17% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2019 an increase of 37% against the previous year. Over the period under review, average import prices hit record highs at $8,647 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($14,482 per ton), while the price for Denmark ($4,361 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 (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Bovine Animals; Fresh or Chilled in Finland (FOB) - 2022
The average export price for meat of bovine animals; fresh or chilled stood at $7,504 per ton in 2022, increasing by 10% against the previous year. Over the period under review, the export price, however, faced a deep reduction. The pace of growth was the most pronounced in 2021 an increase of 19% against the previous year. The export price peaked at $23,510 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($11,031 per ton), while the average price for exports to Estonia ($6,040 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Bovine Animals; Fresh or Chilled in Finland
For the fourth year in a row, Finland recorded growth in overseas purchases of meat of bovine animals; fresh or chilled, which increased by 0.9% to 8.8K tons in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 40%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of meat of bovine animals; fresh or chilled soared to $57M in 2022. The total import value increased at an average annual rate of +11.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Meat of Bovine Animals; Fresh or Chilled in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 9.3 | 12.5 | 16.2 | 17.0 | 22.3% |
| Netherlands | 6.8 | 9.1 | 10.4 | 11.9 | 20.5% |
| Sweden | 0.8 | 3.5 | 6.4 | 8.3 | 118.1% |
| Germany | 9.9 | 9.3 | 7.6 | 7.9 | -7.2% |
| Latvia | 0.2 | 1.6 | 1.6 | 4.2 | 175.9% |
| Lithuania | 1.8 | 1.5 | 2.0 | 2.1 | 5.3% |
| Estonia | 0.9 | 1.1 | 1.3 | 1.6 | 21.1% |
| Others | 11.5 | 2.0 | 2.5 | 3.7 | -31.5% |
| Total | 41.3 | 40.6 | 48.1 | 56.7 | 11.1% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Finland in 2022:
- Denmark (3.9K tons)
- Netherlands (1.2K tons)
- Latvia (0.9K tons)
- Germany (0.9K tons)
- Sweden (0.8K tons)
- Lithuania (0.3K tons)
- Estonia (0.2K tons)
Exports of Meat of Bovine Animals; Fresh or Chilled in Finland
In 2022, shipments abroad of meat of bovine animals; fresh or chilled was finally on the rise to reach 4.7K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a perceptible descent.
In value terms, exports of meat of bovine animals; fresh or chilled soared to $36M in 2022. The total export value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Meat of Bovine Animals; Fresh or Chilled in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 14.8 | 17.0 | 16.4 | 17.1 | 4.9% |
| Sweden | 11.6 | 12.2 | 11.5 | 16.0 | 11.3% |
| Estonia | N/A | N/A | N/A | 1.4 | 0% |
| Germany | N/A | 0.1 | 0.6 | 0.9 | 200.0% |
| Spain | 1.3 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.1 | 0.1 | 0.1 | -37.0% |
| Total | 28.1 | 29.4 | 28.7 | 35.6 | 8.2% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Finland in 2022:
- Denmark (2461.8 tons)
- Sweden (1952.0 tons)
- Estonia (236.7 tons)
- Germany (81.9 tons)
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