Price for Meat of Bovine Animals; Frozen in Greece - 2023

Contents:

  1. Price for Meat of Bovine Animals; Frozen in Greece (CIF) - 2023
  2. Price for Meat of Bovine Animals; Frozen in Greece (FOB) - 2022
  3. Imports of Meat of Bovine Animals; Frozen in Greece
  4. Exports of Meat of Bovine Animals; Frozen in Greece

Price for Meat of Bovine Animals; Frozen in Greece (CIF) - 2023

The average import price for meat of bovine animals; frozen stood at $5,988 per ton in July 2023, falling by -7.9% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in April 2023 an increase of 10% against the previous month. As a result, import price attained the peak level of $6,714 per ton. From May 2023 to July 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($8,737 per ton), while the price for Argentina ($4,382 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Denmark (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Meat of Bovine Animals; Frozen in Greece (FOB) - 2022

In 2022, the average export price for meat of bovine animals; frozen amounted to $5,949 per ton, surging by 35% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $6,069 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 Cyprus ($8,428 per ton), while the average price for exports to the Netherlands ($3,488 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 Hong Kong SAR (+75.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Meat of Bovine Animals; Frozen in Greece

In 2022, meat of bovine animals; frozen imports into Greece skyrocketed to 14K tons, jumping by 27% against the previous year's figure. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, meat of bovine animals; frozen imports soared to $83M in 2022. Over the period under review, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Meat of Bovine Animals; Frozen in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy10.710.315.617.618.0%
Poland8.95.26.015.119.3%
Netherlands7.14.28.712.520.7%
Lithuania2.72.63.87.540.6%
Denmark1.72.22.55.043.3%
Belgium3.00.82.44.917.8%
Argentina1.10.71.44.559.9%
France4.02.84.14.32.4%
Spain1.82.03.33.828.3%
Germany0.91.11.72.336.7%
Ireland2.81.00.71.9-12.1%
Botswana1.10.80.31.35.7%
Bulgaria2.12.20.30.1-63.8%
Others3.21.60.42.0-14.5%
Total51.237.651.182.817.4%

Top Suppliers of Meat of Bovine Animals; Frozen to Greece in 2022:

  1. Italy (3366.2 tons)
  2. Poland (2270.8 tons)
  3. Netherlands (1624.0 tons)
  4. Argentina (1153.9 tons)
  5. Lithuania (1092.4 tons)
  6. Denmark (914.8 tons)
  7. France (783.9 tons)
  8. Belgium (722.1 tons)
  9. Spain (571.2 tons)
  10. Germany (420.4 tons)
  11. Ireland (329.6 tons)
  12. Botswana (233.6 tons)
  13. Bulgaria (49.0 tons)

Exports of Meat of Bovine Animals; Frozen in Greece

For the fourth consecutive year, Greece recorded growth in overseas shipments of meat of bovine animals; frozen, which increased by 71% to 1.1K tons in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 112% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, meat of bovine animals; frozen exports surged to $6.3M in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Meat of Bovine Animals; Frozen in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5.098.222.71,957631.5%
Cyprus31942550888140.3%
Germany34.313.214.7862192.9%
PortugalN/A4.46.38511290.7%
Albania10614752240055.7%
Bulgaria24.992.8571266120.2%
Turkey14195.920920012.4%
Sweden25.623.614.014176.6%
Netherlands39.90.853.178.525.3%
KosovoN/AN/A33.7N/A0%
Others42136978167717.2%
Total1,1151,2712,7356,31578.3%

Top Export Markets for Meat of Bovine Animals; Frozen from Greece in 2022:

  1. Italy (348.9 tons)
  2. Portugal (165.4 tons)
  3. Germany (128.1 tons)
  4. Cyprus (104.6 tons)
  5. Bulgaria (62.7 tons)
  6. Albania (61.4 tons)
  7. Turkey (29.8 tons)
  8. Sweden (23.4 tons)
  9. Netherlands (22.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Meat of bovine animals; frozen - Greece