Fresh Beef Carcase Market
Fresh beef carcase market: find recently published facts and figures empowered by an Ai-driven market intelligence platform. Facts and figures provide market prices, exports, market size, trade, companies, imports, production, and consumption. There is a split by region, including the U.S., Russia, EU, the Middle East, the U.K., China, Africa, and Latin America. Market insights and outlook to 2030 are also provided in the reports.
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Fresh Beef Carcase - World's Largest Markets
Rating | Country |
---|---|
1 | United States |
2 | China |
3 | India |
4 | Bangladesh |
5 | Japan |
In value terms, the United States, China and India were the countries with the highest levels of market value in 2021, together comprising 33% of the global market. Bangladesh, Japan, Indonesia, Russia, Italy, Brazil, Mexico, Nigeria, Pakistan and Germany lagged somewhat behind, together comprising a further 31%.
Russia saw the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while fresh beef carcase market for the other global leaders experienced more modest paces of growth.
Fresh Beef Carcase Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
Belarus | 3261 | 3160 | 3480 | 3.3% |
Italy | 3520 | 3361 | 3978 | 6.3% |
Pakistan | 3855 | 3572 | 4177 | 4.1% |
Poland | 3663 | 3699 | 4501 | 10.9% |
Germany | 3817 | 3857 | 4653 | 10.4% |
Mexico | 4693 | 4331 | 4702 | 0.1% |
Austria | 4138 | 4168 | 4835 | 8.1% |
Spain | 4234 | 4254 | 4850 | 7.0% |
Belgium | 4602 | 4822 | 5117 | 5.4% |
France | 4781 | 4766 | 5185 | 4.1% |
Netherlands | 4831 | 4925 | 5654 | 8.2% |
United States | 9135 | 9489 | 8905 | -1.3% |
Canada | 8048 | 9178 | 11803 | 21.1% |
Average | 4308 | 4356 | 5041 | 8.2% |
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Canada ($11,803 per ton), while Belarus ($3,480 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
United States | 5592 | 6243 | 8015 | 19.7% |
France | 4662 | 5667 | 6332 | 16.5% |
Spain | 4913 | 4964 | 6215 | 12.5% |
Italy | 4962 | 4974 | 5700 | 7.2% |
United Kingdom | 4347 | 4462 | 5086 | 8.2% |
Germany | 4234 | 4275 | 5029 | 9.0% |
Greece | 4256 | 4370 | 4754 | 5.7% |
Portugal | 4228 | 4207 | 4695 | 5.4% |
Belgium | 4068 | 4053 | 4668 | 7.1% |
United Arab Emirates | 4441 | 3942 | 4179 | -3.0% |
Turkey | 4175 | 4176 | 4176 | 0.0% |
Netherlands | 3344 | 3284 | 3966 | 8.9% |
Bosnia and Herzegovina | 3147 | 3168 | 3645 | 7.6% |
Average | 4374 | 4478 | 5246 | 9.5% |
Prices varied noticeably by the country of destination; the country with the highest price was the United States ($8,015 per ton), while Bosnia and Herzegovina ($3,645 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.
Fresh Beef Carcase - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
Italy | 1.3 | 1.2 | 1.3 | 1.9% |
United States | 0.6 | 0.7 | 1 | 29.9% |
Netherlands | 0.8 | 0.7 | 0.9 | 3.7% |
Germany | 0.5 | 0.5 | 0.5 | -4.4% |
France | 0.4 | 0.4 | 0.5 | 7.4% |
In value terms, the largest fresh beef carcase importing markets worldwide were Italy ($1.3B), the United States ($1B) and the Netherlands ($866M), with a combined 45% share of global imports.
The United States recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Fresh Beef Carcase - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
Netherlands | 0.8 | 0.8 | 0.9 | 8.3% |
France | 0.8 | 0.7 | 0.8 | 2.0% |
Poland | 0.7 | 0.7 | 0.7 | 3.1% |
Spain | 0.6 | 0.6 | 0.7 | 8.2% |
Germany | 0.6 | 0.5 | 0.7 | 8.1% |
In value terms, the largest fresh beef carcase supplying countries worldwide were the Netherlands ($884M), France ($784M) and Poland ($749M), with a combined 33% share of global exports. These countries were followed by Spain, Germany, Mexico, Canada, Belgium, the United States, Pakistan, Italy, Austria and Belarus, which together accounted for a further 54%.
Canada saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Fresh Beef Carcase - Market Forecast
Driven by rising demand for fresh beef carcase worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Fresh Beef Carcase - Product Coverage
- HS 020110 - Meat; of bovine animals, carcasses and half-carcasses, fresh or chilled
- HS 020120 - Meat; of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), fresh or chilled
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