Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Croatia - 2023
Contents:
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Croatia (CIF) - 2023
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Croatia (FOB) - 2023
- Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Croatia
- Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Croatia
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Croatia (CIF) - 2023
The average import price for fresh or chilled boneless cuts of bovine meat stood at $9,400 per ton in August 2023, with a decrease of -4.6% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 11% against the previous month. The import price peaked at $9,851 per ton in July 2023, and then shrank modestly in the following month.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the highest price was recorded for prices from the Netherlands ($11,097 per ton) and Germany ($10,012 per ton), while the price for Lithuania ($7,460 per ton) and Poland ($7,833 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Croatia (FOB) - 2023
The average export price for fresh or chilled boneless cuts of bovine meat stood at $5,564 per ton in October 2023, with a decrease of -13.5% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 7.8% against the previous month. The export price peaked at $7,092 per ton in June 2023; however, from July 2023 to October 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.
From October 2022 to October 2023, the rate of growth in terms of prices for Italy amounted to +1.6% per month.
Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Croatia
Imports of fresh or chilled boneless cuts of bovine meat into Croatia surged to 3.6K tons in 2022, with an increase of 17% on the year before. The total import volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 21%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of fresh or chilled boneless cuts of bovine meat skyrocketed to $31M in 2022. Overall, imports enjoyed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Boneless Cuts of Bovine Meat in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.7 | 3.7 | 5.2 | 7.0 | 7.1% |
| Italy | 4.8 | 3.8 | 5.3 | 6.8 | 12.3% |
| Slovenia | 3.4 | 2.6 | 3.4 | 4.9 | 13.0% |
| Germany | 1.7 | 0.6 | 1.7 | 3.5 | 27.2% |
| Poland | 0.6 | 1.1 | 1.4 | 3.3 | 76.5% |
| Lithuania | 1.6 | 1.9 | 2.6 | 3.3 | 27.3% |
| Austria | 1.0 | 0.8 | 0.3 | 1.0 | 0.0% |
| Others | 0.5 | 0.6 | 0.9 | 0.9 | 21.6% |
| Total | 19.3 | 15.1 | 20.9 | 30.7 | 16.7% |
Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Croatia in 2022:
- Italy (858.3 tons)
- Slovenia (671.5 tons)
- Netherlands (665.6 tons)
- Lithuania (498.3 tons)
- Germany (370.4 tons)
- Poland (352.7 tons)
- Austria (120.9 tons)
Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Croatia
In 2022, approx. 784 tons of fresh or chilled boneless cuts of bovine meat were exported from Croatia; waning by -22.9% compared with 2021. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 5.5%.
In value terms, exports of fresh or chilled boneless cuts of bovine meat dropped to $4.8M in 2022. Over the period under review, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 8.5%.
| Export of Fresh or Chilled Boneless Cuts of Bovine Meat in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 3.6 | 3.1 | 3.1 | 2.9 | -7.0% |
| Italy | 1.9 | 1.4 | 1.4 | 0.9 | -22.0% |
| Bosnia and Herzegovina | 0.1 | 0.1 | 1.0 | 0.8 | 100.0% |
| Hungary | 0.9 | 0.3 | N/A | N/A | -66.7% |
| Serbia | 0.2 | 0.2 | N/A | N/A | 0.0% |
| Others | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 6.8 | 5.2 | 5.6 | 4.8 | -11.0% |
Top Export Markets for Fresh or Chilled Boneless Cuts of Bovine Meat from Croatia in 2022:
- Slovenia (514.9 tons)
- Italy (127.8 tons)
- Bosnia and Herzegovina (124.7 tons)
- Hungary (0.8 tons)
- Serbia (0.6 tons)
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