Price for Meat of Bovine Animals; Frozen in the United Arab Emirates - 2021

Contents:

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

Price for Meat of Bovine Animals; Frozen in the United Arab Emirates (CIF) - 2022

The average import price for meat of bovine animals; frozen stood at $3,671 per ton in 2022, with a decrease of -4.7% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 11% against the previous year. The import price peaked at $4,128 per ton in 2015; however, from 2016 to 2022, import prices stood 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 South Africa ($4,892 per ton), while the price for Brazil totaled $3,505 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Meat of Bovine Animals; Frozen in the United Arab Emirates (FOB) - 2022

The average export price for meat of bovine animals; frozen stood at $4,280 per ton in 2022, waning by -2% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 48% against the previous year. The export price peaked at $4,522 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Grenada ($5,295 per ton), while the average price for exports to Georgia totaled $3,183 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Meat of Bovine Animals; Frozen in the United Arab Emirates

Meat of bovine animals; frozen imports into the United Arab Emirates shrank to 79K tons in 2022, reducing by -6% compared with 2021 figures. In general, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 14%.

In value terms, meat of bovine animals; frozen imports declined to $290M in 2022. Over the period under review, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year.

Import of Meat of Bovine Animals; Frozen in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2131081552688.0%
South Africa2.23.64.39.261.1%
United States33.020.429.3N/A-5.8%
India68.176.992.8N/A16.7%
Australia12.514.916.9N/A16.3%
Saudi Arabia11.08.12.4N/A-53.3%
Pakistan4.613.22.7N/A-23.4%
Others15.211.520.613.3-4.4%
Total360257324290-7.0%

Top Suppliers of Meat of Bovine Animals; Frozen to the United Arab Emirates in 2022:

  1. Brazil (76.4K tons)
  2. South Africa (1.9K tons)

Exports of Meat of Bovine Animals; Frozen in the United Arab Emirates

Meat of bovine animals; frozen exports from the United Arab Emirates reduced dramatically to 3.9K tons in 2022, waning by -17.1% on the previous year's figure. In general, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 52% against the previous year.

In value terms, meat of bovine animals; frozen exports fell remarkably to $17M in 2022. Over the period under review, exports showed a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 60% against the previous year.

Export of Meat of Bovine Animals; Frozen in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
GrenadaN/AN/AN/A10.80%
GeorgiaN/AN/A0.16.05900.0%
Kuwait1.80.81.0N/A-25.5%
Oman9.78.913.3N/A17.1%
Saudi Arabia5.62.11.1N/A-55.7%
Others4.71.15.1N/A4.2%
Total21.812.920.616.7-8.5%

Top Export Markets for Meat of Bovine Animals; Frozen from the United Arab Emirates in 2022:

  1. Grenada (2.0K tons)
  2. Georgia (1.9K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Meat of bovine animals; frozen - United Arab Emirates