Price for Meat of Bovine Animals; Fresh or Chilled in Portugal - 2023
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Portugal (CIF) - 2022
- Price for Meat of Bovine Animals; Fresh or Chilled in Portugal (FOB) - 2022
- Imports of Meat of Bovine Animals; Fresh or Chilled in Portugal
- Exports of Meat of Bovine Animals; Fresh or Chilled in Portugal
Price for Meat of Bovine Animals; Fresh or Chilled in Portugal (CIF) - 2022
The average import price for meat of bovine animals; fresh or chilled stood at $6,545 per ton in 2022, growing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($9,745 per ton), while the price for Spain ($5,394 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Bovine Animals; Fresh or Chilled in Portugal (FOB) - 2022
The average export price for meat of bovine animals; fresh or chilled stood at $5,041 per ton in 2022, increasing by 17% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 increased by +41.0% against 2018 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to France ($6,210 per ton) and Greece ($5,808 per ton), while the average price for exports to Belgium ($4,255 per ton) and the Netherlands ($4,431 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Bovine Animals; Fresh or Chilled in Portugal
In 2022, imports of meat of bovine animals; fresh or chilled into Portugal expanded notably to 103K tons, rising by 8.7% against the previous year. In general, imports, however, saw a relatively flat trend pattern.
In value terms, imports of meat of bovine animals; fresh or chilled soared to $672M in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Meat of Bovine Animals; Fresh or Chilled in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 314 | 274 | 308 | 377 | 6.3% |
| Netherlands | 109 | 102 | 110 | 131 | 6.3% |
| Poland | 37.3 | 37.2 | 43.9 | 52.1 | 11.8% |
| Ireland | 15.3 | 14.6 | 17.9 | 22.2 | 13.2% |
| Belgium | 11.3 | 12.1 | 15.7 | 19.3 | 19.5% |
| France | 16.9 | 11.2 | 13.6 | 15.7 | -2.4% |
| Others | 44.7 | 36.6 | 41.6 | 54.8 | 7.0% |
| Total | 548 | 487 | 550 | 672 | 7.0% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Portugal in 2022:
- Spain (69.9K tons)
- Netherlands (14.2K tons)
- Poland (6.3K tons)
- Belgium (2.5K tons)
- Ireland (2.3K tons)
- France (2.2K tons)
Exports of Meat of Bovine Animals; Fresh or Chilled in Portugal
In 2022, the amount of meat of bovine animals; fresh or chilled exported from Portugal expanded remarkably to 16K tons, with an increase of 8.6% on the previous year. The total export volume increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 16%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of meat of bovine animals; fresh or chilled soared to $79M in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 42% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Meat of Bovine Animals; Fresh or Chilled in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 21.8 | 26.4 | 32.9 | 42.0 | 24.4% |
| Netherlands | 11.3 | 5.9 | 7.3 | 12.0 | 2.0% |
| United Kingdom | 1.0 | 3.8 | 10.1 | 8.0 | 100.0% |
| Germany | 0.5 | 2.3 | 4.3 | 4.9 | 114.0% |
| France | 3.1 | 3.7 | 3.9 | 4.0 | 8.9% |
| Greece | N/A | N/A | 0.1 | 2.3 | 2200.0% |
| Belgium | 1.6 | 0.9 | 1.8 | 1.8 | 4.0% |
| Others | 0.3 | 1.0 | 2.1 | 4.4 | 144.8% |
| Total | 39.7 | 44.0 | 62.5 | 79.4 | 26.0% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Portugal in 2022:
- Spain (8.6K tons)
- Netherlands (2.7K tons)
- United Kingdom (1.4K tons)
- Germany (1.1K tons)
- France (0.6K tons)
- Greece (0.4K tons)
- Belgium (0.4K tons)
1268
This report provides an in-depth analysis of the beef market in Portugal.
1015
This report provides an in-depth analysis of the meat and poultry market in Portugal.
904
This report provides an in-depth analysis of the meat market in Portugal.
602
This report provides an in-depth analysis of the beef market in Portugal.
403
This report provides an in-depth analysis of the fresh beef carcase market in Portugal.
426
This report provides an in-depth analysis of the fresh beef cut market in Portugal.
4436
This report provides an in-depth analysis of the global beef market.
2219
This report provides an in-depth analysis of the global meat and poultry market.
2853
This report provides an in-depth analysis of the global meat market.
1014
Global Beef Market Report 2019. This report provides an in-depth analysis of the global beef market.
659
Explore the top import markets for beef, including China, the United States, South Korea, and more. Discover key statistics and figures from the IndexBox market intelligence platform.
855
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
1870
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
1372
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
4106
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
1823
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
2034
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
1180
In 2015, the countries with the highest levels of production in 2015 were the United States (X thousand tons), Brazil (X thousand tons), China (X thousand tons), together accounting for X% of total output.
1292
France dominates in the global beef trade. In 2014, France exported X thousand tons of beef totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total beef exports in value terms
215
Discover the leading countries driving global meat and poultry imports, including key statistics and market insights.
