U.S. - 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 the United States - 2023
Contents:
- Preserved Cows Meat Price in the United States (CIF) - 2023
- Preserved Cows Meat Price in the United States (FOB) - 2023
- Preserved Cows Meat Imports in the United States
- Preserved Cows Meat Exports in the United States
Preserved Cows Meat Price in the United States (CIF) - 2023
The average preserved cows meat import price stood at $9,628 per ton in July 2023, flattening at the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 23% against the previous month. Over the period under review, average import prices hit record highs at $10,222 per ton in July 2022; however, from August 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 New Zealand ($11,910 per ton), while the price for Mexico ($5,946 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 (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Cows Meat Price in the United States (FOB) - 2023
In July 2023, the average preserved cows meat export price amounted to $8,829 per ton, surging by 13% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $9,261 per ton in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($11,532 per ton), while the average price for exports to Mexico ($3,970 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+1.3%), while the prices for the other major destinations experienced a decline.
Preserved Cows Meat Imports in the United States
For the fourth year in a row, the United States recorded growth in purchases abroad of prepared or preserved meat or offal of bovine animals, which increased by 5.1% to 78K tons in 2022. The total import volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, preserved cows meat imports rose significantly to $725M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.9% 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 +47.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Preserved Cows Meat in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 326 | 319 | 491 | 479 | 13.7% |
| Canada | 53.5 | 50.7 | 53.6 | 76.1 | 12.5% |
| Uruguay | 51.2 | 44.6 | 52.8 | 67.5 | 9.7% |
| New Zealand | 57.6 | 55.7 | 60.9 | 61.4 | 2.2% |
| Australia | 7.5 | 13.9 | 15.8 | 22.2 | 43.6% |
| Mexico | 8.3 | 8.5 | 7.8 | 11.9 | 12.8% |
| Others | 0.2 | 0.7 | 5.1 | 7.1 | 228.7% |
| Total | 504 | 493 | 687 | 725 | 12.9% |
Top Suppliers of Preserved Cows Meat to the United States in 2022:
- Brazil (47.7K tons)
- Uruguay (9.3K tons)
- Canada (8.1K tons)
- New Zealand (5.5K tons)
- Australia (3.7K tons)
- Mexico (2.3K tons)
Preserved Cows Meat Exports in the United States
In 2022, the amount of prepared or preserved meat or offal of bovine animals exported from the United States expanded modestly to 34K tons, increasing by 1.6% on 2021 figures. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 4.9%. As a result, the exports attained the peak of 36K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, preserved cows meat exports soared to $283M in 2022. The total export value increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Preserved Cows Meat in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 169 | 167 | 171 | 191 | 4.2% |
| China | 0.2 | 17.3 | 27.4 | 61.5 | 575.0% |
| Hong Kong SAR | 37.0 | 35.1 | 26.4 | 13.4 | -28.7% |
| Mexico | 8.9 | 6.0 | 5.9 | 4.5 | -20.3% |
| Others | 13.5 | 8.1 | 11.2 | 12.7 | -2.0% |
| Total | 228 | 234 | 242 | 283 | 7.5% |
Top Export Markets for Preserved Cows Meat from the United States in 2022:
- Canada (25.0K tons)
- China (4.6K tons)
- Hong Kong SAR (1.0K tons)
- Mexico (0.8K tons)
This report provides an in-depth analysis of the preserved cows meat market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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