Price for Meat of Bovine Animals; Fresh or Chilled in Iran - 2022

Contents:

  1. Price for Meat of Bovine Animals; Fresh or Chilled in Iran (CIF) - 2022
  2. Price for Meat of Bovine Animals; Fresh or Chilled in Iran (FOB) - 2022
  3. Imports of Meat of Bovine Animals; Fresh or Chilled in Iran
  4. Exports of Meat of Bovine Animals; Fresh or Chilled in Iran

Price for Meat of Bovine Animals; Fresh or Chilled in Iran (CIF) - 2022

In 2022, the average import price for meat of bovine animals; fresh or chilled amounted to $4,833 per ton, shrinking by -4.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 30%. The import price peaked at $5,954 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($5,076 per ton), while the price for the United Arab Emirates stood at $3,735 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Meat of Bovine Animals; Fresh or Chilled in Iran (FOB) - 2022

In 2022, the average export price for meat of bovine animals; fresh or chilled amounted to $11,355 per ton, picking up by 52% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for meat of bovine animals; fresh or chilled decreased by -4.9% against 2020 indices. Over the period under review, the average export prices reached the peak figure at $11,945 per ton in 2020; however, from 2021 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 Luxembourg ($19,106 per ton), while the average price for exports to Poland ($4,385 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 Kuwait (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Meat of Bovine Animals; Fresh or Chilled in Iran

For the third consecutive year, Iran recorded decline in overseas purchases of meat of bovine animals; fresh or chilled, which decreased by -29.4% to 981 tons in 2022. Over the period under review, imports showed a sharp curtailment. The smallest decline of -29.3% was in 2021.

In value terms, imports of meat of bovine animals; fresh or chilled contracted sharply to $4.7M in 2022. Overall, imports faced a dramatic decrease.

Import of Meat of Bovine Animals; Fresh or Chilled in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South AfricaN/A10.30.24.1-36.9%
United Arab EmiratesN/A0.1N/A0.6144.9%
Kazakhstan14.0N/AN/AN/A0%
United KingdomN/AN/A6.8N/A0%
Poland1.2N/AN/AN/A0%
Others0.50.1N/AN/A-80.0%
Total15.610.57.14.7-33.0%

Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Iran in 2022:

  1. South Africa (802.2 tons)
  2. United Arab Emirates (170.3 tons)

Exports of Meat of Bovine Animals; Fresh or Chilled in Iran

In 2022, approx. 7.7 tons of meat of bovine animals; fresh or chilled were exported from Iran; which is down by -88% against the year before. In general, exports continue to indicate a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 918%. As a result, the exports attained the peak of 64 tons, and then contracted significantly in the following year.

In value terms, exports of meat of bovine animals; fresh or chilled contracted notably to $87K in 2022. Overall, exports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 535%. As a result, the exports reached the peak of $477K, and then shrank rapidly in the following year.

Export of Meat of Bovine Animals; Fresh or Chilled in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Luxembourg1.78.636.439.1184.4%
Czech Republic0.2N/AN/A34.5456.7%
Spain40.7N/A0.18.9-39.8%
Austria0.41.62.21.968.1%
Poland2.413.74.41.2-20.6%
Slovakia55.30.61.3N/A-84.7%
Slovenia48.940.70.4N/A-91.0%
France278N/AN/AN/A0%
KuwaitN/AN/A430N/A0%
Others0.39.92.31.467.1%
Total42875.247787.1-41.2%

Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Iran in 2022:

  1. Czech Republic (3.9 tons)
  2. Luxembourg (2.0 tons)
  3. Spain (1.2 tons)
  4. Poland (0.3 tons)
  5. Austria (0.2 tons)

Source: IndexBox Market Intelligence Platform

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