Price for Meat of Bovine Animals; Frozen in Iran - 2021

Contents:

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

Price for Meat of Bovine Animals; Frozen in Iran (CIF) - 2022

In 2022, the average import price for meat of bovine animals; frozen amounted to $4,367 per ton, waning by -2.7% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 9.2% against the previous year. The import price peaked at $4,489 per ton in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lebanon ($5,676 per ton), while the price for India ($2,766 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for meat of bovine animals; frozen stood at $2,387 per ton in 2022, with a decrease of -15.7% against the previous year. In general, the export price, however, enjoyed a notable expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 133% against the previous year. Over the period under review, the average export prices reached the peak figure at $6,095 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($12,577 per ton), while the average price for exports to Malaysia ($606 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 (+86.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Meat of Bovine Animals; Frozen in Iran

In 2022, purchases abroad of meat of bovine animals; frozen was finally on the rise to reach 31K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a precipitous slump.

In value terms, meat of bovine animals; frozen imports shrank modestly to $135M in 2022. Overall, imports, however, continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 4.6%.

Import of Meat of Bovine Animals; Frozen in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates17116.421.061.3-29.0%
Brazil30247.354.030.4-53.5%
Turkey29.329.621.615.3-19.5%
Lebanon16.714.017.712.6-9.0%
India19.811.18.97.0-29.3%
Belgium8.45.35.12.8-30.7%
Others13.98.610.26.0-24.4%
Total561132138135-37.8%

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

  1. United Arab Emirates (14.2K tons)
  2. Brazil (6.7K tons)
  3. Turkey (3.3K tons)
  4. India (2.5K tons)
  5. Lebanon (2.2K tons)
  6. Belgium (0.8K tons)

Exports of Meat of Bovine Animals; Frozen in Iran

In 2022, after three years of growth, there was significant decline in overseas shipments of meat of bovine animals; frozen, when their volume decreased by -7.9% to 96 tons. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. As a result, the exports attained the peak of 104 tons, and then fell in the following year.

In value terms, meat of bovine animals; frozen exports dropped significantly to $229K in 2022. Over the period under review, exports, however, recorded prominent growth. The growth pace was the most rapid in 2021 when exports increased by 81% against the previous year. As a result, the exports attained the peak of $294K, and then reduced notably in the following year.

Export of Meat of Bovine Animals; Frozen in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan56.112.571.371.18.2%
France23.639.241.548.627.2%
Senegal17.324.970.148.040.5%
Czech Republic4.58.610.418.861.1%
MalaysiaN/AN/AN/A7.90%
United Arab Emirates3.14.33.93.98.0%
GabonN/A58.7N/AN/A0%
Trinidad and TobagoN/AN/A81.5N/A0%
Others31.514.715.830.5-1.1%
Total13616329422919.0%

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

  1. Senegal (38.0 tons)
  2. Malaysia (13.1 tons)
  3. Czech Republic (10.3 tons)
  4. Afghanistan (9.1 tons)
  5. United Arab Emirates (6.3 tons)
  6. France (3.9 tons)

Source: IndexBox Market Intelligence Platform

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