Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine - 2023

Contents:

  1. Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine (CIF) - 2022
  2. Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine (FOB) - 2022
  3. Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine
  4. Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine

Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine (CIF) - 2022

The average import price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $8,758 per ton in 2022, increasing by 45% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 52% against the previous year. Over the period under review, average import prices attained the peak figure at $9,660 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($21,386 per ton), while the price for Denmark ($3,726 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+25.8%), 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 Ukraine (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 $4,911 per ton, with an increase of 69% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($5,083 per ton), while the average price for exports to Moldova stood at $4,828 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+3.1%), while the prices for the other major destinations experienced a decline.

Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine

In 2022, after three years of growth, there was significant decline in supplies from abroad of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat, when their volume decreased by -62.9% to 212 tons. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 792%.

In value terms, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat dropped notably to $1.9M in 2022. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 512% against the previous year.

Import of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1.33411,1921,002816.9%
DenmarkN/A9921,187447-32.9%
Netherlands95.144540921831.9%
United States84.335855812413.7%
Belarus78.7N/AN/AN/A0%
Others10697.110863.4-15.7%
Total3652,2333,4541,85371.9%

Top Suppliers of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Ukraine in 2022:

  1. Denmark (119.9 tons)
  2. Poland (61.4 tons)
  3. Netherlands (22.0 tons)
  4. United States (5.8 tons)

Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine

In 2022, approx. 27 tons of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat were exported from Ukraine; with a decrease of -92.8% on the year before. In general, exports faced a dramatic shrinkage. The smallest decline of -80.6% was in 2021.

In value terms, exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat plummeted to $130K in 2022. Overall, exports showed a sharp decline. The smallest decline of -79.6% was in 2021.

Export of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
MoldovaN/AN/AN/A0.10%
Belarus29.45.11.0N/A-81.6%
United Arab EmiratesN/AN/AN/AN/A0%
Others0.40.2N/AN/A-50.0%
Total29.85.31.10.1-85.0%

Top Export Markets for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Ukraine in 2022:

  1. Moldova (19.6 tons)
  2. United Arab Emirates (6.0 tons)

Source: IndexBox Market Intelligence Platform

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