United Kingdom - Beef And Veal (Salted, In Brine, Dried Or Smoked) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Beef Price in the UK - 2023
Contents:
- Preserved Beef Price in the UK (CIF) - 2022
- Preserved Beef Price in the UK (FOB) - 2022
- Preserved Beef Imports in the UK
- Preserved Beef Exports in the UK
Preserved Beef Price in the UK (CIF) - 2022
The average preserved beef import price stood at $14,761 per ton in 2022, rising by 36% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the average import price increased by 42% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($30,652 per ton), while the price for the Netherlands ($4,729 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Beef Price in the UK (FOB) - 2022
The average preserved beef export price stood at $9,272 per ton in 2022, jumping by 227% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($224,112 per ton), while the average price for exports to South Africa ($1,667 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 Vietnam (+187.0%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Beef Imports in the UK
In 2022, the amount of beef and veal (salted, in brine, dried or smoked) imported into the UK reduced to 582 tons, which is down by -8.4% compared with the year before. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 47%. As a result, imports reached the peak of 636 tons, and then shrank in the following year.
In value terms, preserved beef imports skyrocketed to $8.6M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.6% 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 +65.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 33%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Preserved Beef in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.5 | 2.4 | 4.1 | 4.1 | 5.4% |
| Brazil | N/A | N/A | N/A | 1.1 | 0% |
| Germany | 1.0 | 1.3 | 1.2 | 1.1 | 3.2% |
| Poland | N/A | N/A | N/A | 0.6 | 0% |
| Ireland | 0.9 | 0.6 | 0.7 | 0.4 | -23.7% |
| Belgium | 0.7 | 0.7 | 0.7 | 0.3 | -24.6% |
| Netherlands | N/A | N/A | N/A | 0.2 | 0% |
| Denmark | N/A | N/A | N/A | 0.2 | 0% |
| Others | 0.3 | 0.2 | 0.2 | 0.7 | 32.6% |
| Total | 6.5 | 5.2 | 6.9 | 8.6 | 9.8% |
Top Suppliers of Preserved Beef to the UK in 2022:
- Italy (172.7 tons)
- Germany (137.8 tons)
- Poland (64.0 tons)
- Ireland (38.1 tons)
- Brazil (35.9 tons)
- Denmark (31.9 tons)
- Netherlands (31.7 tons)
- Belgium (27.7 tons)
Preserved Beef Exports in the UK
In 2022, approx. 34 tons of beef and veal (salted, in brine, dried or smoked) were exported from the UK; picking up by 5.6% against 2021. Overall, exports, however, faced a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 33% against the previous year. As a result, the exports reached the peak of 298 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, preserved beef exports soared to $316K in 2022. In general, exports, however, saw a sharp shrinkage.
| Export of Preserved Beef in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 2.0 | N/A | N/A | 129 | 301.0% |
| Denmark | 0.3 | 0.2 | 10.1 | 67.0 | 506.7% |
| Poland | 4.5 | 3.7 | N/A | 44.7 | 115.0% |
| South Africa | N/A | N/A | N/A | 40.8 | 0% |
| Malta | 33.2 | 16.3 | N/A | 6.4 | -42.2% |
| Cyprus | 14.7 | 27.7 | 24.4 | 4.2 | -34.1% |
| France | 774 | 1,054 | 1.3 | 3.5 | -83.5% |
| Spain | 44.9 | 24.6 | N/A | N/A | -45.2% |
| Belgium | 49.1 | 128 | N/A | N/A | 160.7% |
| Senegal | 18.8 | N/A | N/A | N/A | 0% |
| Canada | N/A | N/A | 43.0 | N/A | 0% |
| Others | 240 | 385 | 12.9 | 20.5 | -56.0% |
| Total | 1,181 | 1,640 | 91.6 | 316 | -35.6% |
Top Export Markets for Preserved Beef from the UK in 2022:
- South Africa (24.5 tons)
- Poland (3.1 tons)
- Malta (1.8 tons)
- Denmark (1.6 tons)
- Cyprus (1.0 tons)
- Saudi Arabia (0.6 tons)
- France (0.5 tons)
This report provides an in-depth analysis of the preserved beef market in the UK. 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 10131200 - Beef and veal salted, in brine, dried or smoked
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
-
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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