Price for Meat of Bovine Animals; Fresh or Chilled in Sweden - 2023

Contents:

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

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

In 2022, the average import price for meat of bovine animals; fresh or chilled amounted to $7,266 per ton, growing by 6.2% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 11% against the previous year. Over the period under review, average import prices hit record highs at $7,477 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($14,552 per ton), while the price for Denmark ($4,761 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for meat of bovine animals; fresh or chilled amounted to $1,475 per ton, shrinking by -3.3% against the previous year. Over the period under review, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by 65%. Over the period under review, the average export prices attained the peak figure at $4,273 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($2,348 per ton), while the average price for exports to Germany ($451 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 Germany (-6.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 47K tons of meat of bovine animals; fresh or chilled were imported into Sweden; picking up by 8.9% against 2021. Over the period under review, imports, however, showed a relatively flat trend pattern.

In value terms, imports of meat of bovine animals; fresh or chilled skyrocketed to $339M in 2022. The total import value increased at an average annual rate of +7.9% 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 imports increased by 20% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Meat of Bovine Animals; Fresh or Chilled in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland65.470.485.495.813.6%
Netherlands73.657.071.190.37.1%
Denmark34.122.828.535.51.4%
Germany22.320.429.633.214.2%
Poland16.318.226.023.913.6%
Lithuania9.010.813.616.021.1%
Finland10.39.69.211.74.3%
Others39.135.329.632.5-6.0%
Total2702452933397.9%

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

  1. Ireland (13.7K tons)
  2. Netherlands (10.3K tons)
  3. Denmark (7.4K tons)
  4. Germany (4.9K tons)
  5. Poland (3.9K tons)
  6. Lithuania (2.5K tons)
  7. Finland (1.3K tons)

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

After three years of growth, overseas shipments of meat of bovine animals; fresh or chilled decreased by -4.4% to 5.7K tons in 2022. The total export volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 26%.

In value terms, exports of meat of bovine animals; fresh or chilled shrank to $8.5M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 68%. As a result, the exports attained the peak of $9.1M, and then reduced in the following year.

Export of Meat of Bovine Animals; Fresh or Chilled in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland4.13.06.05.912.9%
Denmark0.20.81.62.1119.0%
Germany0.60.90.8N/A15.5%
Others0.80.70.80.4-20.6%
Total5.65.49.18.514.9%

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

  1. Denmark (3.1K tons)
  2. Finland (2.5K tons)
  3. Germany (0.1K tons)

Source: IndexBox Market Intelligence Platform

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