Price for Meat of Bovine Animals; Fresh or Chilled in Italy - 2023
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Italy (CIF) - 2022
- Price for Meat of Bovine Animals; Fresh or Chilled in Italy (FOB) - 2022
- Imports of Meat of Bovine Animals; Fresh or Chilled in Italy
- Exports of Meat of Bovine Animals; Fresh or Chilled in Italy
Price for Meat of Bovine Animals; Fresh or Chilled in Italy (CIF) - 2022
The average import price for meat of bovine animals; fresh or chilled stood at $7,110 per ton in 2022, increasing by 8.8% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 15%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($9,780 per ton), while the price for Poland ($6,175 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Bovine Animals; Fresh or Chilled in Italy (FOB) - 2022
The average export price for meat of bovine animals; fresh or chilled stood at $6,017 per ton in 2022, increasing by 13% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 16%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($14,705 per ton), while the average price for exports to the Netherlands ($4,340 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 Austria (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Bovine Animals; Fresh or Chilled in Italy
In 2022, purchases abroad of meat of bovine animals; fresh or chilled was finally on the rise to reach 304K tons after two years of decline. Over the period under review, imports, however, recorded a perceptible reduction.
In value terms, imports of meat of bovine animals; fresh or chilled expanded significantly to $2.2B in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Meat of Bovine Animals; Fresh or Chilled in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 325 | 288 | 337 | 385 | 5.8% |
| France | 345 | 325 | 356 | 370 | 2.4% |
| Netherlands | 313 | 313 | 354 | 362 | 5.0% |
| Spain | 131 | 153 | 201 | 269 | 27.1% |
| Ireland | 192 | 177 | 190 | 224 | 5.3% |
| Germany | 141 | 121 | 140 | 164 | 5.2% |
| Belgium | 67.4 | 50.8 | 61.2 | 67.6 | 0.1% |
| Others | 397 | 291 | 294 | 320 | -6.9% |
| Total | 1,911 | 1,718 | 1,934 | 2,161 | 4.2% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Italy in 2022:
- Poland (62.4K tons)
- France (54.8K tons)
- Netherlands (48.6K tons)
- Spain (42.2K tons)
- Germany (25.7K tons)
- Ireland (22.9K tons)
- Belgium (10.3K tons)
Exports of Meat of Bovine Animals; Fresh or Chilled in Italy
In 2022, exports of meat of bovine animals; fresh or chilled from Italy dropped modestly to 83K tons, which is down by -2.8% on the previous year. Overall, exports, however, showed modest growth. The most prominent rate of growth was recorded in 2021 with an increase of 9.8% against the previous year. As a result, the exports reached the peak of 86K tons, and then contracted in the following year.
In value terms, exports of meat of bovine animals; fresh or chilled expanded remarkably to $501M in 2022. The total export value increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 28%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Meat of Bovine Animals; Fresh or Chilled in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 54.9 | 61.2 | 84.3 | 99.3 | 21.8% |
| Germany | 95.8 | 80.0 | 87.0 | 91.3 | -1.6% |
| Greece | 58.1 | 48.0 | 66.8 | 73.7 | 8.3% |
| France | 59.7 | 46.3 | 59.2 | 65.9 | 3.3% |
| Spain | 37.6 | 29.3 | 37.5 | 40.7 | 2.7% |
| Croatia | 10.0 | 12.6 | 23.9 | 32.2 | 47.7% |
| Slovenia | 14.2 | 10.6 | 18.1 | 20.2 | 12.5% |
| Austria | 13.7 | 11.0 | 9.8 | 13.7 | 0.0% |
| Others | 67.9 | 59.1 | 71.2 | 64.1 | -1.9% |
| Total | 412 | 358 | 458 | 501 | 6.7% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Italy in 2022:
- Netherlands (22.9K tons)
- Greece (13.8K tons)
- Germany (12.4K tons)
- France (8.8K tons)
- Spain (7.3K tons)
- Croatia (6.1K tons)
- Slovenia (3.5K tons)
- Austria (1.1K tons)
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