Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Greece - 2023
Contents:
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Greece (CIF) - 2023
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Greece (FOB) - 2023
- Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Greece
- Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Greece
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Greece (CIF) - 2023
In October 2023, the average import price for fresh or chilled boneless cuts of bovine meat amounted to $8,059 per ton, picking up by 2.7% against the previous month. Over the period under review, the import price saw a slight expansion. The pace of growth was the most pronounced in April 2023 when the average import price increased by 16% month-to-month. As a result, import price attained the peak level of $8,984 per ton. From May 2023 to October 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Italy ($11,125 per ton), while the price for Belgium ($6,541 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 Poland (+2.4%), 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 Greece (FOB) - 2023
The average export price for fresh or chilled boneless cuts of bovine meat stood at $11,897 per ton in October 2023, surging by 1.6% 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 an increase of 37% m-o-m. The export price peaked at $13,665 per ton in June 2023; however, from July 2023 to October 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($17,092 per ton), while the average price for exports to Albania ($6,889 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 Albania (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Greece
In 2022, overseas purchases of fresh or chilled boneless cuts of bovine meat decreased by -1.4% to 22K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 7.8% against the previous year.
In value terms, imports of fresh or chilled boneless cuts of bovine meat totaled $174M in 2022. The total import value increased at an average annual rate of +13.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Fresh or Chilled Boneless Cuts of Bovine Meat in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 29.7 | 42.0 | 51.1 | 57.0 | 24.3% |
| Poland | 17.2 | 17.3 | 20.5 | 27.4 | 16.8% |
| Germany | 17.8 | 18.1 | 18.8 | 19.5 | 3.1% |
| Denmark | 12.3 | 15.5 | 15.5 | 16.9 | 11.2% |
| Italy | 13.7 | 11.3 | 17.7 | 16.6 | 6.6% |
| France | 17.6 | 16.7 | 16.5 | 16.1 | -2.9% |
| Spain | 4.6 | 5.3 | 7.4 | 6.6 | 12.8% |
| Others | 7.1 | 6.5 | 10.1 | 14.5 | 26.9% |
| Total | 120 | 133 | 158 | 174 | 13.2% |
Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Greece in 2022:
- Netherlands (6.8K tons)
- Poland (4.3K tons)
- Denmark (2.3K tons)
- France (2.3K tons)
- Italy (2.2K tons)
- Germany (2.1K tons)
- Spain (1.1K tons)
Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Greece
In 2022, the amount of fresh or chilled boneless cuts of bovine meat exported from Greece was estimated at 261 tons, with an increase of 4.8% on the previous year's figure. The total export volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 14%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of fresh or chilled boneless cuts of bovine meat surged to $2.8M in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Boneless Cuts of Bovine Meat in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 392 | 658 | 1,101 | 1,509 | 56.7% |
| France | 11.8 | 3.4 | 99.2 | 729 | 295.3% |
| North Macedonia | 503 | 401 | 415 | 151 | -33.0% |
| Italy | 32.5 | 11.6 | 42.5 | 128 | 57.9% |
| Albania | 153 | 91.6 | 120 | 126 | -6.3% |
| Germany | 35.4 | 54.8 | 52.2 | 36.7 | 1.2% |
| Others | 191 | 134 | 118 | 138 | -10.3% |
| Total | 1,318 | 1,355 | 1,947 | 2,817 | 28.8% |
Top Export Markets for Fresh or Chilled Boneless Cuts of Bovine Meat from Greece in 2022:
- Cyprus (159.3 tons)
- France (34.4 tons)
- Albania (23.6 tons)
- Italy (14.5 tons)
- North Macedonia (13.2 tons)
- Germany (4.5 tons)
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