Price for Meat of Bovine Animals; Frozen in Ghana - 2022
Contents:
- Price for Meat of Bovine Animals; Frozen in Ghana (CIF) - 2022
- Price for Meat of Bovine Animals; Frozen in Ghana (FOB) - 2022
- Imports of Meat of Bovine Animals; Frozen in Ghana
- Exports of Meat of Bovine Animals; Frozen in Ghana
Price for Meat of Bovine Animals; Frozen in Ghana (CIF) - 2022
The average import price for meat of bovine animals; frozen stood at $1,439 per ton in 2022, declining by -16.8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 27%. As a result, import price reached the peak level of $1,731 per ton, and then contracted dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,574 per ton), while the price for Argentina ($577 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Bovine Animals; Frozen in Ghana (FOB) - 2022
In 2022, the average export price for meat of bovine animals; frozen amounted to $1,640 per ton, with a decrease of -1.9% against the previous year. Overall, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 31%. The export price peaked at $2,594 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Namibia.
From 2012 to 2022, the rate of growth in terms of prices for Togo amounted to -52.6% per year.
Imports of Meat of Bovine Animals; Frozen in Ghana
In 2022, overseas purchases of meat of bovine animals; frozen were finally on the rise to reach 22K tons after two years of decline. In general, imports, however, showed a deep downturn.
In value terms, meat of bovine animals; frozen imports rose slightly to $32M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern.
| Import of Meat of Bovine Animals; Frozen in Ghana (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 2.7 | 11.1 | 12.3 | 11.3 | 61.2% |
| Netherlands | 2.9 | 2.1 | 2.6 | 4.2 | 13.1% |
| United Kingdom | 3.9 | 5.2 | 4.5 | 4.2 | 2.5% |
| Belgium | 12.0 | 0.7 | 1.6 | 3.0 | -37.0% |
| Poland | 1.3 | 4.5 | 1.8 | 2.5 | 24.4% |
| Brazil | 2.2 | 0.5 | 1.2 | 1.0 | -23.1% |
| Italy | 1.3 | 3.3 | 1.2 | 0.4 | -32.5% |
| Argentina | 0.8 | 0.4 | 0.3 | 0.2 | -37.0% |
| Others | 5.3 | 4.7 | 5.6 | 4.9 | -2.6% |
| Total | 32.5 | 32.3 | 31.0 | 31.7 | -0.8% |
Top Suppliers of Meat of Bovine Animals; Frozen to Ghana in 2022:
- Ireland (8.3K tons)
- United Kingdom (3.3K tons)
- Netherlands (2.6K tons)
- Poland (2.6K tons)
- Belgium (2.3K tons)
- Brazil (0.4K tons)
- Italy (0.4K tons)
- Argentina (0.4K tons)
Exports of Meat of Bovine Animals; Frozen in Ghana
In 2022, exports of meat of bovine animals; frozen from Ghana declined remarkably to 111 kg, shrinking by -27% against 2021. Overall, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 117% against the previous year.
In value terms, meat of bovine animals; frozen exports shrank sharply to $182 in 2022. In general, exports saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 133%.
| Export of Meat of Bovine Animals; Frozen in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | N/A | N/A | N/A | 182 | 0% |
| New Zealand | N/A | 109 | N/A | N/A | 0% |
| Niger | 301 | N/A | N/A | N/A | 0% |
| United States | 12.0 | N/A | N/A | N/A | 0% |
| Romania | N/A | N/A | 254 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 313 | 109 | 254 | 182 | -16.5% |
Top Export Markets for Meat of Bovine Animals; Frozen from Ghana in 2022:
- Namibia (111.0 kg)
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