Price for Fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat in the Netherlands - 2023
Contents:
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands (FOB) - 2023
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands (CIF) - 2023
- Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands
- Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands (FOB) - 2023
The average export price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $6,163 per ton in October 2023, waning by -11.5% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 6.1% m-o-m. The export price peaked at $7,505 per ton in May 2023; however, from June 2023 to October 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was the United States ($23,192 per ton), while the average price for exports to Montenegro ($4,925 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.1%), 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 the Netherlands (CIF) - 2023
In October 2023, the average import price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $15,643 per ton, increasing by 212% against the previous month. In general, the import price enjoyed a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($27,856 per ton), while the price for the UK ($6,389 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Canada (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands
Exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat from the Netherlands contracted to 101K tons in 2022, reducing by -5.2% compared with the previous year's figure. Over the period under review, exports saw a noticeable reduction. The smallest decline of -1.1% was in 2021.
In value terms, exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat rose significantly to $626M in 2022. The total export value increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 17%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 158 | 152 | 166 | 150 | -1.7% |
Germany | 120 | 119 | 137 | 141 | 5.5% |
France | 68.8 | 76.7 | 89.0 | 105 | 15.1% |
Spain | 17.3 | 21.6 | 39.8 | 46.6 | 39.1% |
Bosnia and Herzegovina | 26.1 | 22.6 | 25.7 | 29.2 | 3.8% |
Belgium | 12.4 | 13.1 | 14.6 | 27.7 | 30.7% |
Croatia | 27.2 | 25.3 | 26.0 | 23.5 | -4.8% |
Greece | 20.6 | 18.8 | 20.6 | 20.3 | -0.5% |
Denmark | 11.8 | 12.4 | 16.1 | 15.2 | 8.8% |
Montenegro | 7.2 | 5.3 | 5.6 | 7.5 | 1.4% |
Others | 38.6 | 42.2 | 52.8 | 60.6 | 16.2% |
Total | 508 | 508 | 593 | 626 | 7.2% |
Top Export Markets for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from the Netherlands in 2022:
- Germany (26.0K tons)
- Italy (21.2K tons)
- France (19.0K tons)
- Bosnia and Herzegovina (6.3K tons)
- Belgium (4.8K tons)
- Croatia (4.7K tons)
- Spain (4.1K tons)
- Denmark (2.5K tons)
- Greece (2.3K tons)
- Montenegro (1.6K tons)
Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands
In 2022, the amount of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat imported into the Netherlands shrank modestly to 91K tons, dropping by -3.2% compared with the year before. Over the period under review, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 6.1% against the previous year.
In value terms, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat expanded sharply to $441M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 137 | 113 | 157 | 179 | 9.3% |
Belgium | 42.7 | 30.3 | 49.3 | 46.4 | 2.8% |
Poland | 38.3 | 35.8 | 37.5 | 45.3 | 5.8% |
Italy | 20.5 | 24.6 | 31.7 | 35.7 | 20.3% |
Spain | 19.6 | 23.1 | 30.0 | 33.0 | 19.0% |
Czech Republic | 4.9 | 3.5 | 6.9 | 13.0 | 38.4% |
France | 8.2 | 7.7 | 10.3 | 11.6 | 12.3% |
Latvia | 3.6 | 3.7 | 6.0 | 10.4 | 42.4% |
Austria | 26.7 | 16.6 | 12.0 | 9.2 | -29.9% |
Portugal | 7.0 | 4.7 | 4.7 | 8.6 | 7.1% |
Hungary | 4.9 | 4.3 | 7.3 | 8.2 | 18.7% |
Lithuania | 5.6 | 5.1 | 5.6 | 7.7 | 11.2% |
United Kingdom | 22.0 | 16.4 | 4.9 | 6.3 | -34.1% |
Others | 11.5 | 13.3 | 20.4 | 25.8 | 30.9% |
Total | 352 | 302 | 384 | 441 | 7.8% |
Top Suppliers of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to the Netherlands in 2022:
- Germany (37.2K tons)
- Belgium (11.5K tons)
- Poland (9.2K tons)
- Italy (8.4K tons)
- Spain (7.3K tons)
- Czech Republic (2.6K tons)
- Latvia (2.5K tons)
- France (2.2K tons)
- Portugal (1.8K tons)
- Hungary (1.8K tons)
- Austria (1.7K tons)
- Lithuania (1.6K tons)
- United Kingdom (1.1K tons)
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