Price for Meat of Bovine Animals; Fresh or Chilled in Switzerland - 2024
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Switzerland (CIF) - 2024
- Price for Meat of Bovine Animals; Fresh or Chilled in Switzerland (FOB) - 2022
- Imports of Meat of Bovine Animals; Fresh or Chilled in Switzerland
- Exports of Meat of Bovine Animals; Fresh or Chilled in Switzerland
Price for Meat of Bovine Animals; Fresh or Chilled in Switzerland (CIF) - 2024
The average import price for meat of bovine animals; fresh or chilled stood at $12,755 per ton in January 2024, which is down by -12.3% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in December 2023 when the average import price increased by 27% month-to-month. As a result, import price reached the peak level of $14,549 per ton, and then contracted in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Argentina ($19,116 per ton), while the price for Germany ($6,640 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Bovine Animals; Fresh or Chilled in Switzerland (FOB) - 2022
The average export price for meat of bovine animals; fresh or chilled stood at $15,366 per ton in 2022, reducing by -44.7% against the previous year. Overall, the export price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 58%. As a result, the export price reached the peak level of $27,811 per ton, and then reduced notably in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($23,667 per ton), while the average price for exports to Germany amounted to $15,321 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+1.9%).
Imports of Meat of Bovine Animals; Fresh or Chilled in Switzerland
After three years of growth, overseas purchases of meat of bovine animals; fresh or chilled decreased by -6.6% to 22K tons in 2022. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. As a result, imports attained the peak of 24K tons, and then declined in the following year.
In value terms, imports of meat of bovine animals; fresh or chilled rose modestly to $242M in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 see steady growth in the near future.
| Import of Meat of Bovine Animals; Fresh or Chilled in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 45.9 | 56.4 | 56.8 | 48.6 | 1.9% |
| Germany | 21.2 | 25.5 | 36.7 | 40.3 | 23.9% |
| Austria | 16.5 | 19.2 | 28.7 | 33.8 | 27.0% |
| Uruguay | 17.4 | 17.6 | 23.9 | 24.1 | 11.5% |
| Australia | 21.2 | 15.5 | 21.1 | 23.8 | 3.9% |
| Paraguay | 13.1 | 10.1 | 12.0 | 14.0 | 2.2% |
| Argentina | 9.1 | 8.6 | 11.4 | 13.9 | 15.2% |
| France | 4.1 | 3.7 | 3.8 | 4.0 | -0.8% |
| Others | 35.7 | 36.7 | 37.4 | 39.8 | 3.7% |
| Total | 184 | 193 | 232 | 242 | 9.6% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Switzerland in 2022:
- Germany (6.8K tons)
- Austria (5.6K tons)
- Ireland (2.9K tons)
- Uruguay (1.7K tons)
- Paraguay (1.2K tons)
- Argentina (0.7K tons)
- Australia (0.6K tons)
- France (0.5K tons)
Exports of Meat of Bovine Animals; Fresh or Chilled in Switzerland
In 2022, the amount of meat of bovine animals; fresh or chilled exported from Switzerland skyrocketed to 186 tons, jumping by 927% on 2021. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of meat of bovine animals; fresh or chilled surged to $2.9M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Meat of Bovine Animals; Fresh or Chilled in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 35.1 | 158 | 462 | 2,852 | 333.1% |
| Denmark | 18.6 | 0.6 | N/A | N/A | -96.8% |
| Others | 25.4 | 16.5 | 43.1 | 11.5 | -23.2% |
| Total | 79.1 | 175 | 505 | 2,863 | 230.8% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Switzerland in 2022:
- Germany (186.1 tons)
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