Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Switzerland - 2023
Contents:
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Switzerland (CIF) - 2023
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Switzerland (FOB) - 2022
- Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Switzerland
- Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Switzerland
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Switzerland (CIF) - 2023
In December 2023, the average import price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $14,015 per ton, rising by 20% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 80% month-to-month. As a result, import price attained the peak level of $22,262 per ton. From September 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($32,605 per ton), while the price for the Netherlands ($11,077 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+10.4%), 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 Switzerland (FOB) - 2022
The average export price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $63,803 per ton in 2022, picking up by 12% against the previous year. Over the period under review, the export price continues to indicate significant growth. The pace of growth appeared the most rapid in 2021 an increase of 793%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +29.0% per year.
Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Switzerland
For the fourth consecutive year, Switzerland recorded growth in purchases abroad of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat, which increased by 103% to 1.6K tons in 2022. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat soared to $18M in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,550 | 2,324 | 3,085 | 3,903 | 36.0% |
| Germany | 291 | 580 | 718 | 3,574 | 130.7% |
| Ireland | 939 | 1,399 | 2,800 | 3,179 | 50.2% |
| Austria | 0.3 | 30.9 | 5.3 | 2,687 | 1976.7% |
| Italy | 620 | 722 | 1,426 | 1,728 | 40.7% |
| United States | 671 | 514 | 934 | 959 | 12.6% |
| France | 440 | 657 | 899 | 601 | 11.0% |
| Spain | 312 | 247 | 500 | 377 | 6.5% |
| Poland | 298 | 362 | 327 | 291 | -0.8% |
| Belgium | 343 | 271 | 193 | 136 | -26.5% |
| Romania | 614 | 229 | 121 | N/A | -55.6% |
| Others | 341 | 672 | 812 | 577 | 19.2% |
| Total | 6,421 | 8,009 | 11,821 | 18,011 | 41.0% |
Top Suppliers of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Switzerland in 2022:
- Germany (451.6 tons)
- Netherlands (403.5 tons)
- Austria (330.4 tons)
- Italy (163.4 tons)
- Ireland (151.2 tons)
- France (53.3 tons)
- United States (26.8 tons)
- Poland (18.2 tons)
- Spain (15.3 tons)
- Belgium (12.6 tons)
Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Switzerland
In 2022, the amount of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat exported from Switzerland shrank sharply to 61 kg, declining by -85% compared with the previous year. Over the period under review, exports faced a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 2,800% against the previous year.
In value terms, exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat shrank sharply to $3.9K in 2022. Overall, exports showed a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 25,808% against the previous year.
| Export of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 12.2 | N/A | 11.2 | 3.9 | -31.6% |
| Austria | 2.8 | 0.1 | 0.5 | N/A | -57.7% |
| Germany | 0.9 | N/A | N/A | N/A | 0% |
| Others | 15.0 | N/A | 11.3 | N/A | -13.2% |
| Total | 31.0 | 0.1 | 23.1 | 3.9 | -49.9% |
Top Export Markets for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Switzerland in 2022:
- Italy (61.0 kg)
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