Price for Meat of Bovine Animals; Frozen in Algeria - 2022
Contents:
- Price for Meat of Bovine Animals; Frozen in Algeria (CIF) - 2022
- Price for Meat of Bovine Animals; Frozen in Algeria (FOB) - 2022
- Imports of Meat of Bovine Animals; Frozen in Algeria
- Exports of Meat of Bovine Animals; Frozen in Algeria
Price for Meat of Bovine Animals; Frozen in Algeria (CIF) - 2022
In 2022, the average import price for meat of bovine animals; frozen amounted to $3,005 per ton, dropping by -1.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 8.4%. As a result, import price reached the peak level of $3,358 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($3,553 per ton), while the price for India ($2,727 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (-0.7%), while the prices for the other major suppliers experienced a decline.
Price for Meat of Bovine Animals; Frozen in Algeria (FOB) - 2022
In 2020, the average export price for meat of bovine animals; frozen amounted to $2,858 per ton, waning by -12% against the previous year. Over the period under review, the export price saw a abrupt descent. The growth pace was the most rapid in 2019 when the average export price increased by 3% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,866 per ton in 2015; however, from 2016 to 2020, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Congo.
From 2015 to 2020, the rate of growth in terms of prices for Congo amounted to -12.0% per year.
Imports of Meat of Bovine Animals; Frozen in Algeria
In 2022, supplies from abroad of meat of bovine animals; frozen was finally on the rise to reach 12K tons after two years of decline. Over the period under review, imports, however, recorded a dramatic decrease.
In value terms, meat of bovine animals; frozen imports soared to $36M in 2022. Overall, imports, however, showed a dramatic decline.
| Import of Meat of Bovine Animals; Frozen in Algeria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 10.6 | 7.7 | 6.3 | 17.6 | 18.4% |
| India | 61.3 | 44.6 | 8.7 | 13.3 | -39.9% |
| Ireland | 1.1 | 1.3 | 0.9 | 2.9 | 38.1% |
| Others | 1.7 | 1.5 | 0.8 | 2.0 | 5.6% |
| Total | 74.7 | 55.1 | 16.7 | 35.9 | -21.7% |
Top Suppliers of Meat of Bovine Animals; Frozen to Algeria in 2022:
- Brazil (5.6K tons)
- India (4.9K tons)
- Ireland (0.8K tons)
Exports of Meat of Bovine Animals; Frozen in Algeria
Meat of bovine animals; frozen exports from Algeria soared to 55 tons in 2020, rising by 97% compared with the previous year. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, meat of bovine animals; frozen exports surged to $158K in 2020. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Meat of Bovine Animals; Frozen in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Congo | 90.9 | 158 | 73.8% | ||
| Others | N/A | N/A | 0% | ||
| Total | 90.9 | 158 | 73.8% | ||
Top Export Markets for Meat of Bovine Animals; Frozen from Algeria in 2022:
- Congo (55.1 tons)
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