Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Brazil - 2024
Contents:
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Brazil (FOB) - 2022
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Brazil (CIF) - 2022
- Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Brazil
- Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Brazil
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Brazil (FOB) - 2022
In 2022, the average export price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $4,351 per ton, increasing by 8.2% against the previous year. In general, the export price, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2019 an increase of 53%. The export price peaked at $6,506 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Marshall Islands ($7,053 per ton), while the average price for exports to Hong Kong SAR ($1,854 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 Liberia (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Brazil (CIF) - 2022
The average import price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $4,326 per ton in 2022, shrinking by -3.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The pace of growth was the most pronounced in 2019 when the average import price increased by 13% against the previous year. Over the period under review, average import prices reached the peak figure at $4,497 per ton in 2021, and then shrank in the following year.
As there is only one major supplying country, the average price level is determined by prices for Uruguay.
From 2012 to 2022, the rate of growth in terms of prices for Uruguay amounted to +3.3% per year.
Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Brazil
In 2022, overseas shipments of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat decreased by -32.7% to 59 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a significant decline. The pace of growth appeared the most rapid in 2020 with an increase of 380%. As a result, the exports reached the peak of 567 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat dropped rapidly to $258K in 2022. Over the period under review, exports showed a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 300%. As a result, the exports reached the peak of $1.7M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | 521 | 108 | 109 | -54.3% |
| Panama | 11.5 | 13.5 | 32.4 | 32.7 | 41.7% |
| Marshall Islands | 8.0 | 7.8 | 15.7 | 30.7 | 56.6% |
| Hong Kong SAR | 86.9 | 316 | 17.9 | 22.8 | -36.0% |
| Liberia | 4.7 | 6.5 | 11.3 | 18.6 | 58.2% |
| China | 5.8 | 2.0 | 0.8 | 6.7 | 4.9% |
| Greece | 0.4 | 0.7 | 4.3 | 5.0 | 132.1% |
| Russia | N/A | N/A | 111 | N/A | 0% |
| Palestine | N/A | 55.6 | N/A | N/A | 0% |
| Cote d'Ivoire | N/A | 41.5 | N/A | N/A | 0% |
| United Arab Emirates | 237 | 518 | N/A | N/A | 118.6% |
| Angola | 28.9 | 82.1 | N/A | N/A | 184.1% |
| Albania | N/A | 68.1 | N/A | N/A | 0% |
| Others | 35.8 | 42.7 | 52.8 | 31.8 | -3.9% |
| Total | 419 | 1,675 | 354 | 258 | -14.9% |
Top Export Markets for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Brazil in 2022:
- Egypt (26.8 tons)
- Hong Kong SAR (12.3 tons)
- Panama (5.8 tons)
- Marshall Islands (4.4 tons)
- Liberia (2.9 tons)
- China (1.2 tons)
- Greece (1.0 tons)
Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Brazil
In 2022, supplies from abroad of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat was finally on the rise to reach 264 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a sharp curtailment.
In value terms, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat surged to $1.1M in 2022. Over the period under review, imports, however, faced a precipitous setback.
| Import of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 3.4 | 1.4 | 0.9 | 1.1 | -31.4% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 3.5 | 1.4 | 0.9 | 1.1 | -32.0% |
Top Suppliers of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Brazil in 2022:
- Uruguay (262.1 tons)
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