Thailand - Prepared Or Preserved Meat Or Offal Of Bovine Animals - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Cows Meat Price in Thailand - 2023
Contents:
- Preserved Cows Meat Price in Thailand (CIF) - 2023
- Preserved Cows Meat Price in Thailand (FOB) - 2022
- Preserved Cows Meat Imports in Thailand
- Preserved Cows Meat Exports in Thailand
Preserved Cows Meat Price in Thailand (CIF) - 2023
The average preserved cows meat import price stood at $14,520 per ton in July 2023, growing by 47% against the previous month. In general, the import price saw a prominent increase. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 91% month-to-month. The import price peaked at $14,600 per ton in September 2022; however, from October 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Australia ($19,032 per ton), while the price for the UK ($5,734 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Australia (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Preserved Cows Meat Price in Thailand (FOB) - 2022
In 2022, the average preserved cows meat export price amounted to $12,540 per ton, with an increase of 63% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved cows meat export price increased by +84.2% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 64% against the previous year. As a result, the export price attained the peak level of $14,339 per ton. From 2014 to 2022, the average export prices remained at a 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 Hong Kong SAR ($24,510 per ton), while the average price for exports to Japan ($11,743 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 Cambodia (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Cows Meat Imports in Thailand
In 2022, overseas purchases of prepared or preserved meat or offal of bovine animals were finally on the rise to reach 949 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a sharp shrinkage.
In value terms, preserved cows meat imports skyrocketed to $8.6M in 2022. In general, imports, however, showed a abrupt slump.
| Import of Preserved Cows Meat in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 9.9 | 7.0 | 4.9 | 7.6 | -8.4% |
| Malaysia | 0.2 | 0.3 | 0.5 | 0.9 | 65.1% |
| Others | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Total | 10.5 | 7.4 | 5.5 | 8.6 | -6.4% |
Top Suppliers of Preserved Cows Meat to Thailand in 2022:
- Australia (862.8 tons)
- Malaysia (74.6 tons)
Preserved Cows Meat Exports in Thailand
In 2022, after two years of decline, there was growth in shipments abroad of prepared or preserved meat or offal of bovine animals, when their volume increased by 2.3% to 62 tons. Over the period under review, exports, however, showed a precipitous setback.
In value terms, preserved cows meat exports soared to $773K in 2022. In general, exports, however, showed a perceptible slump.
| Export of Preserved Cows Meat in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 366 | 642 | 332 | 643 | 20.7% |
| Hong Kong SAR | 125 | 103 | 112 | 99.8 | -7.2% |
| Cambodia | 328 | 54.6 | 1.0 | 24.2 | -58.1% |
| Seychelles | 50.1 | N/A | N/A | N/A | 0% |
| Ghana | N/A | N/A | 12.5 | N/A | 0% |
| Others | 20.8 | 17.9 | 5.0 | 5.9 | -34.3% |
| Total | 891 | 818 | 462 | 773 | -4.6% |
Top Export Markets for Preserved Cows Meat from Thailand in 2022:
- Japan (54.7 tons)
- Hong Kong SAR (4.1 tons)
- Cambodia (1.4 tons)
This report provides an in-depth analysis of the preserved cows meat market in Thailand. 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 10131585 - Prepared or preserved meat or offal of bovine animals (excluding sausages and similar products, homogenised preparations, preparations of liver and prepared meals and dishes)
Country coverage:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
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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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