Price for Meat of Bovine Animals; Fresh or Chilled in the United Arab Emirates - 2022
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in the United Arab Emirates (CIF) - 2022
- Price for Meat of Bovine Animals; Fresh or Chilled in the United Arab Emirates (FOB) - 2022
- Imports of Meat of Bovine Animals; Fresh or Chilled in the United Arab Emirates
- Exports of Meat of Bovine Animals; Fresh or Chilled in the United Arab Emirates
Price for Meat of Bovine Animals; Fresh or Chilled in the United Arab Emirates (CIF) - 2022
The average import price for meat of bovine animals; fresh or chilled stood at $6,431 per ton in 2022, growing by 4.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2021 an increase of 18% against the previous year. Over the period under review, average import prices reached the maximum in 2022 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 Australia ($18,980 per ton), while the price for Pakistan ($3,993 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Bovine Animals; Fresh or Chilled in the United Arab Emirates (FOB) - 2022
The average export price for meat of bovine animals; fresh or chilled stood at $5,868 per ton in 2022, which is down by -32.5% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 57% against the previous year. As a result, the export price reached the peak level of $8,693 per ton, and then fell notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($24,384 per ton), while the average price for exports to China ($750 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 Ghana (+24.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Meat of Bovine Animals; Fresh or Chilled in the United Arab Emirates
For the fourth consecutive year, the United Arab Emirates recorded growth in supplies from abroad of meat of bovine animals; fresh or chilled, which increased by 14% to 73K tons in 2022. The total import volume increased at an average annual rate of +11.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of meat of bovine animals; fresh or chilled skyrocketed to $471M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 40% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Meat of Bovine Animals; Fresh or Chilled in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 95.7 | 97.3 | 140 | 162 | 19.2% |
| Australia | 58.5 | 58.9 | 90.0 | 118 | 26.4% |
| Brazil | 46.6 | 46.6 | 56.4 | 72.3 | 15.8% |
| United States | 26.4 | 19.2 | 28.2 | 31.7 | 6.3% |
| India | 17.7 | 11.2 | 18.0 | 27.4 | 15.7% |
| New Zealand | 22.9 | 19.7 | 23.8 | 22.4 | -0.7% |
| South Africa | 11.9 | 10.7 | 16.1 | 16.1 | 10.6% |
| Others | 14.5 | 18.3 | 22.3 | 21.3 | 13.7% |
| Total | 294 | 282 | 394 | 471 | 17.0% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to the United Arab Emirates in 2022:
- Pakistan (40.5K tons)
- Brazil (12.2K tons)
- India (6.3K tons)
- Australia (6.2K tons)
- New Zealand (2.1K tons)
- South Africa (2.0K tons)
- United States (2.0K tons)
Exports of Meat of Bovine Animals; Fresh or Chilled in the United Arab Emirates
In 2022, approx. 1.6K tons of meat of bovine animals; fresh or chilled were exported from the United Arab Emirates; growing by 59% on the year before. Over the period under review, exports showed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of meat of bovine animals; fresh or chilled rose significantly to $9.5M in 2022. Overall, exports posted a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 96%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Meat of Bovine Animals; Fresh or Chilled in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 5.7 | 4.3 | 4.9 | 5.3 | -2.4% |
| Ghana | N/A | N/A | N/A | 0.6 | 0% |
| Pakistan | 0.1 | 0.2 | 0.5 | 0.4 | 58.7% |
| Bahrain | N/A | N/A | N/A | 0.3 | 0% |
| Brazil | N/A | N/A | N/A | 0.1 | 0% |
| China | N/A | N/A | N/A | N/A | 0% |
| Maldives | 1.7 | N/A | 3.0 | N/A | 32.8% |
| Others | 0.2 | 0.1 | 0.5 | 2.7 | 138.1% |
| Total | 7.7 | 4.5 | 8.8 | 9.5 | 7.3% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from the United Arab Emirates in 2022:
- Oman (1120.9 tons)
- Pakistan (149.2 tons)
- Ghana (122.7 tons)
- China (56.8 tons)
- Bahrain (40.2 tons)
- Brazil (25.2 tons)
- Maldives (0.9 tons)
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