Australia - Fresh Or Chilled Carcases Of Beef And Veal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFresh Beef Carcase Price in Australia - 2023
Contents:
- Fresh Beef Carcase Price in Australia (FOB) - 2022
- Fresh Beef Carcase Price in Australia (CIF) - 2022
- Fresh Beef Carcase Exports in Australia
- Fresh Beef Carcase Imports in Australia
Fresh Beef Carcase Price in Australia (FOB) - 2022
The average fresh beef carcase export price stood at $14,110 per ton in 2022, surging by 11% against the previous year. Overall, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2021 an increase of 23%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
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 the United States ($26,882 per ton), while the average price for exports to China ($8,507 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 the United Arab Emirates (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Fresh Beef Carcase Price in Australia (CIF) - 2022
The average fresh beef carcase import price stood at $10,240 per ton in 2022, growing by 1.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 24% against the previous year. Over the period under review, average import prices reached the maximum at $10,411 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for New Zealand.
From 2013 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +3.5% per year.
Fresh Beef Carcase Exports in Australia
In 2022, the amount of fresh or chilled carcases of beef and veal exported from Australia contracted to 7.2K tons, almost unchanged from 2021 figures. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 3.9%. As a result, the exports reached the peak of 7.2K tons, leveling off in the following year.
In value terms, fresh beef carcase exports rose sharply to $101M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 28% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Fresh Beef Carcase in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 22.0 | 20.1 | 31.6 | 34.3 | 16.0% |
| United States | 4.7 | 9.3 | 14.4 | 12.4 | 38.2% |
| United Arab Emirates | 12.1 | 12.9 | 16.1 | 9.9 | -6.5% |
| Singapore | 3.5 | 3.8 | 5.3 | 7.0 | 26.0% |
| China | 8.0 | 4.2 | 2.3 | 5.2 | -13.4% |
| Netherlands | 3.6 | 2.9 | 4.6 | 4.4 | 6.9% |
| Thailand | 2.8 | 2.1 | 1.8 | 3.5 | 7.7% |
| Hong Kong SAR | 2.1 | 1.9 | 2.3 | 3.2 | 15.1% |
| Japan | 0.7 | 1.0 | 0.4 | 3.0 | 62.4% |
| Saudi Arabia | 2.4 | 2.1 | 2.8 | 2.8 | 5.3% |
| Malaysia | 1.8 | 1.5 | 1.6 | 2.7 | 14.5% |
| Indonesia | 1.4 | 0.8 | 1.6 | 2.5 | 21.3% |
| Taiwan (Chinese) | 0.1 | 0.2 | 0.3 | 1.6 | 152.0% |
| Others | 7.5 | 9.0 | 7.0 | 9.0 | 6.3% |
| Total | 72.7 | 71.7 | 91.9 | 101 | 11.6% |
Top Export Markets for Fresh Beef Carcase from Australia in 2022:
- South Korea (3423.2 tons)
- China (613.3 tons)
- United Arab Emirates (478.4 tons)
- United States (461.1 tons)
- Singapore (343.5 tons)
- Netherlands (228.1 tons)
- Japan (187.8 tons)
- Taiwan (Chinese) (186.9 tons)
- Thailand (143.0 tons)
- Indonesia (135.7 tons)
- Saudi Arabia (132.6 tons)
- Malaysia (127.8 tons)
- Hong Kong SAR (123.5 tons)
Fresh Beef Carcase Imports in Australia
Fresh beef carcase imports into Australia skyrocketed to 4.9 tons in 2022, growing by 238% on 2021. Overall, imports posted a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 441% against the previous year. As a result, imports attained the peak of 20 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, fresh beef carcase imports skyrocketed to $50K in 2022. Over the period under review, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2020 with an increase of 435%. As a result, imports attained the peak of $207K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Fresh Beef Carcase in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 17.4 | 204 | 14.7 | 50.4 | 42.5% |
| United Arab Emirates | 21.3 | 3.1 | N/A | N/A | -85.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 38.7 | 207 | 14.7 | 50.4 | 9.2% |
Top Suppliers of Fresh Beef Carcase to Australia in 2022:
- New Zealand (4.9 tons)
This report provides an in-depth analysis of the fresh beef carcase market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10111140 - Fresh or chilled carcases, half-carcases and quarters with bone in, of beef and veal
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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