Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Ecuador - 2022
Contents:
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Ecuador (CIF) - 2022
- Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Ecuador
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Ecuador (CIF) - 2022
The average import price for fresh or chilled boneless cuts of bovine meat stood at $14,716 per ton in 2022, jumping by 26% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 77%. As a result, import price reached the peak level of $16,583 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -0.6% per year.
Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Ecuador
In 2022, approx. 32 tons of fresh or chilled boneless cuts of bovine meat were imported into Ecuador; jumping by 373% against 2021 figures. Over the period under review, imports recorded 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 boneless cuts of bovine meat skyrocketed to $470K in 2022. Overall, imports saw a significant increase. 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 Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 89.1 | 28.2 | 58.2 | 470 | 74.1% |
| Uruguay | 27.5 | 2.7 | 6.8 | N/A | -50.3% |
| United States | 28.8 | 11.0 | 12.7 | N/A | -33.6% |
| Others | 4.8 | 0.6 | 0.9 | N/A | -56.7% |
| Total | 150 | 42.5 | 78.6 | 470 | 46.3% |
Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Ecuador in 2022:
- Argentina (31.9 tons)
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