Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Ukraine - 2023
Contents:
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Ukraine (CIF) - 2022
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Ukraine (FOB) - 2022
- Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Ukraine
- Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Ukraine
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Ukraine (CIF) - 2022
In 2022, the average import price for fresh or chilled boneless cuts of bovine meat amounted to $16,343 per ton, surging by 21% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. The most prominent rate of growth was recorded in 2019 an increase of 33% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($18,922 per ton), while the price for Australia ($10,417 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Ukraine (FOB) - 2022
The average export price for fresh or chilled boneless cuts of bovine meat stood at $8,372 per ton in 2022, picking up by 25% against the previous year. Overall, the export price, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 50% against the previous year. Over the period under review, the average export prices hit record highs at $10,294 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Moldova ($13,454 per ton), while the average price for exports to Turkey ($5,320 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 Belarus (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Ukraine
In 2022, after three years of growth, there was significant decline in purchases abroad of fresh or chilled boneless cuts of bovine meat, when their volume decreased by -77.6% to 58 tons. Over the period under review, imports faced a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 63% against the previous year. As a result, imports reached the peak of 258 tons, and then dropped markedly in the following year.
In value terms, imports of fresh or chilled boneless cuts of bovine meat reduced dramatically to $944K in 2022. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 76% against the previous year. As a result, imports attained the peak of $3.5M, and then fell remarkably in the following year.
| Import of Fresh or Chilled Boneless Cuts of Bovine Meat in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 835 | 1,154 | 1,988 | 454 | -18.4% |
| Argentina | N/A | 64.8 | 271 | 203 | 77.0% |
| Australia | 102 | 56.4 | 222 | 87.0 | -5.2% |
| Belgium | 121 | 377 | 391 | 84.8 | -11.2% |
| Netherlands | 169 | 165 | 93.5 | 83.9 | -20.8% |
| Ireland | N/A | 153 | 386 | 18.2 | -65.5% |
| Others | 11.7 | 12.0 | 144 | 13.1 | 3.8% |
| Total | 1,240 | 1,982 | 3,495 | 944 | -8.7% |
Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Ukraine in 2022:
- United States (24.5 tons)
- Argentina (10.7 tons)
- Australia (8.4 tons)
- Belgium (6.6 tons)
- Netherlands (5.6 tons)
- Ireland (1.1 tons)
Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Ukraine
Exports of fresh or chilled boneless cuts of bovine meat from Ukraine fell significantly to 7.4 tons in 2022, which is down by -67% compared with 2021. Overall, exports saw a significant decline.
In value terms, exports of fresh or chilled boneless cuts of bovine meat plummeted to $62K in 2022. Over the period under review, exports faced a sharp decline.
| Export of Fresh or Chilled Boneless Cuts of Bovine Meat in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Moldova | N/A | N/A | 8.5 | 31.9 | 275.3% |
| Turkey | 8,725 | 141 | 96.5 | 9.8 | -89.6% |
| Liberia | 1.7 | 0.7 | 0.3 | 4.7 | 40.4% |
| Greece | 2.0 | N/A | N/A | 3.5 | 20.5% |
| Latvia | N/A | N/A | N/A | 2.1 | 0% |
| Bulgaria | 2.4 | N/A | 0.7 | 2.0 | -5.9% |
| Panama | 4.3 | 0.2 | 0.1 | 1.6 | -28.1% |
| Belarus | 4,110 | 316 | N/A | N/A | -92.3% |
| Others | 79.4 | 23.7 | 43.2 | 6.1 | -57.5% |
| Total | 12,925 | 482 | 149 | 61.7 | -83.2% |
Top Export Markets for Fresh or Chilled Boneless Cuts of Bovine Meat from Ukraine in 2022:
- Moldova (2368.0 kg)
- Turkey (1839.0 kg)
- Liberia (871.0 kg)
- Greece (513.0 kg)
- Latvia (377.0 kg)
- Bulgaria (356.0 kg)
- Panama (234.0 kg)
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