Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Israel - 2023

Contents:

  1. Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Israel (CIF) - 2022
  2. Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Israel

Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Israel (CIF) - 2022

In 2022, the average import price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $6,329 per ton, surging by 20% against the previous year. Over the period under review, the import price continues to indicate measured growth. Over the period under review, average import prices attained the maximum at $6,720 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($6,329 per ton), while the price for France ($6,329 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Israel

In 2022, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat into Israel skyrocketed to 3.2K tons, with an increase of 35% compared with 2021 figures. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat skyrocketed to $20M in 2022. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.14.24.29.214.7%
Poland2.71.74.07.741.8%
France2.43.54.33.513.4%
OthersN/A0.4N/AN/A0%
Total11.39.812.620.522.0%

Top Suppliers of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Israel in 2022:

  1. United States (1.5K tons)
  2. Poland (1.2K tons)
  3. France (0.6K tons)

Source: IndexBox Market Intelligence Platform

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