Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Ghana - 2022
Contents:
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Ghana (CIF) - 2022
- Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Ghana
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Ghana (CIF) - 2022
The average import price for fresh or chilled boneless cuts of bovine meat stood at $4,918 per ton in 2022, with an increase of 136% against the previous year. Overall, the import price, however, continues to indicate a deep contraction. The import price peaked at $12,416 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($21,613 per ton), while the price for Belgium ($707 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+16.5%), while the prices for the other major suppliers experienced a decline.
Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Ghana
Imports of fresh or chilled boneless cuts of bovine meat into Ghana amounted to 21 tons in 2022, growing by 2.3% against 2021. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 60%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of fresh or chilled boneless cuts of bovine meat skyrocketed to $102K in 2022. Overall, imports posted significant growth. 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 Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 0.3 | 1.4 | 4.3 | 9.7 | 218.6% |
| Netherlands | 0.2 | 4.8 | 4.1 | 5.8 | 207.2% |
| United Kingdom | 5.8 | 7.9 | 16.9 | 4.7 | -6.8% |
| Belgium | 1.1 | 1.2 | 2.0 | 3.1 | 41.3% |
| Others | 10.1 | 11.8 | 15.0 | 78.7 | 98.3% |
| Total | 17.4 | 27.1 | 42.2 | 102 | 80.3% |
Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Ghana in 2022:
- Belgium (4.3 tons)
- United Kingdom (2.9 tons)
- Netherlands (1.6 tons)
- South Africa (1.2 tons)
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