Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Slovakia - 2023
Contents:
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Slovakia (CIF) - 2023
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Slovakia (FOB) - 2023
- Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Slovakia
- Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Slovakia
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Slovakia (CIF) - 2023
In August 2023, the average import price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $5,575 per ton, picking up by 2.9% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 6.1% m-o-m. Over the period under review, average import prices hit record highs at $5,929 per ton in June 2023; however, from July 2023 to August 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was the Czech Republic ($6,114 per ton), while the price for Austria ($5,059 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Slovakia (FOB) - 2023
The average export price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $3,159 per ton in August 2023, remaining relatively unchanged against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 9.5% month-to-month. As a result, the export price attained the peak level of $3,216 per ton; afterwards, it flattened through to August 2023.
Average prices varied noticeably for the major external markets. In August 2023, the country with the highest price was Hungary ($3,602 per ton), while the average price for exports to the Czech Republic amounted to $2,884 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+0.3%).
Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Slovakia
In 2022, approx. 1.8K tons of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat were imported into Slovakia; approximately reflecting the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 24% against the previous year. As a result, imports attained the peak of 2.3K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat expanded rapidly to $9.3M in 2022. The total import value increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 21%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2.3 | 3.6 | 3.2 | 4.6 | 26.0% |
| Czech Republic | 1.6 | 1.9 | 2.5 | 3.8 | 33.4% |
| Austria | 0.1 | 0.6 | 0.3 | 0.7 | 91.3% |
| Germany | 2.3 | 2.6 | 2.0 | N/A | -6.7% |
| Netherlands | 0.3 | 0.1 | 0.2 | N/A | -18.4% |
| Others | 0.7 | 0.1 | 0.1 | 0.2 | -34.1% |
| Total | 7.3 | 8.9 | 8.3 | 9.3 | 8.4% |
Top Suppliers of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Slovakia in 2022:
- Poland (947.0 tons)
- Czech Republic (683.0 tons)
- Austria (151.4 tons)
- Netherlands (4.8 tons)
- Germany (0.1 tons)
Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Slovakia
In 2022, approx. 847 tons of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat were exported from Slovakia; shrinking by -10.5% against the previous year's figure. Overall, exports recorded a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year.
In value terms, exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat fell markedly to $2.3M in 2022. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 66%. As a result, the exports attained the peak of $3.2M, and then contracted rapidly in the following year.
| Export of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 780 | 241 | 108 | 2,141 | 40.0% |
| Hungary | 1,212 | 907 | 1,325 | 146 | -50.6% |
| Netherlands | 1,008 | 754 | 1,719 | N/A | 30.6% |
| Others | 4.9 | 2.4 | 1.5 | 3.0 | -15.1% |
| Total | 3,005 | 1,904 | 3,153 | 2,291 | -8.6% |
Top Export Markets for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Slovakia in 2022:
- Czech Republic (801.4 tons)
- Hungary (45.1 tons)
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