Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Israel - 2023
Contents:
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Israel (CIF) - 2022
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Israel (FOB) - 2022
- Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Israel
- Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Israel
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Israel (CIF) - 2022
The average import price for fresh or chilled boneless cuts of bovine meat stood at $10,833 per ton in 2022, surging by 24% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Argentina ($10,833 per ton) and Poland ($10,833 per ton), while the price for France ($10,833 per ton) and Uruguay ($10,833 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.3%), 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 Israel (FOB) - 2022
In 2022, the average export price for fresh or chilled boneless cuts of bovine meat amounted to $8,807 per ton, shrinking by -4% against the previous year. Overall, the export price saw a perceptible contraction. The export price peaked at $9,174 per ton in 2021, and then declined in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($9,185 per ton), while the average price for exports to Malta ($1,000 per ton) was amongst the lowest.
From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Israel
In 2022, the amount of fresh or chilled boneless cuts of bovine meat imported into Israel expanded markedly to 26K tons, with an increase of 5.3% compared with 2021 figures. The total import volume increased at an average annual rate of +13.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 21% against the previous year. Over the period under review, imports of reached the maximum 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 soared to $285M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.8% against 2019 indices. 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 Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 53.1 | 51.5 | 52.6 | 67.3 | 8.2% |
| Argentina | 62.0 | 62.3 | 77.3 | 66.9 | 2.6% |
| Spain | N/A | N/A | 0.7 | 50.0 | 7042.9% |
| Brazil | 7.2 | 13.1 | 52.0 | 38.5 | 74.9% |
| Uruguay | 1.4 | 20.2 | 5.4 | 25.5 | 163.1% |
| France | 14.0 | 22.1 | 23.1 | 19.7 | 12.1% |
| United States | 12.5 | 5.2 | 7.0 | 13.7 | 3.1% |
| Others | 2.2 | 6.4 | N/A | 3.2 | 13.3% |
| Total | 152 | 181 | 218 | 285 | 23.3% |
Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Israel in 2022:
- Poland (6.2K tons)
- Argentina (6.2K tons)
- Spain (4.6K tons)
- Brazil (3.6K tons)
- Uruguay (2.3K tons)
- France (1.8K tons)
- United States (1.3K tons)
Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Israel
In 2022, exports of fresh or chilled boneless cuts of bovine meat from Israel contracted notably to 57 kg, waning by -47.7% on the year before. In general, exports recorded a sharp reduction.
In value terms, exports of fresh or chilled boneless cuts of bovine meat dropped remarkably to $502 in 2022. Overall, exports showed a sharp slump.
| Export of Fresh or Chilled Boneless Cuts of Bovine Meat in Israel (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United Kingdom | N/A | 496 | 0% | ||
| Palestine | N/A | 4.0 | 0% | ||
| Malta | N/A | 1.0 | 0% | ||
| Andorra | 1,000 | N/A | 0% | ||
| Others | N/A | 1.0 | 0% | ||
| Total | 1,000 | 502 | -49.8% | ||
Top Export Markets for Fresh or Chilled Boneless Cuts of Bovine Meat from Israel in 2022:
- United Kingdom (54.0 kg)
- Palestine (1.0 kg)
- Malta (1.0 kg)
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