Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Poland - 2023
Contents:
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Poland (FOB) - 2023
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Poland (CIF) - 2023
- Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Poland
- Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Poland
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Poland (FOB) - 2023
In October 2023, the average export price for fresh or chilled boneless cuts of bovine meat amounted to $8,300 per ton, increasing by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In October 2023, the country with the highest price was the UK ($8,612 per ton), while the average price for exports to Turkey ($7,602 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 Portugal (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Poland (CIF) - 2023
In October 2023, the average import price for fresh or chilled boneless cuts of bovine meat amounted to $88,445 per ton, with an increase of 1,230% against the previous month. Over the period under review, the import price enjoyed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From October 2022 to October 2023, the rate of growth in terms of prices for the Netherlands amounted to +2.7% per month.
Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Poland
In 2022, exports of fresh or chilled boneless cuts of bovine meat from Poland totaled 101K tons, therefore, remained relatively stable against 2021. The total export volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 18% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of fresh or chilled boneless cuts of bovine meat soared to $740M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Fresh or Chilled Boneless Cuts of Bovine Meat in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 93.6 | 129 | 163 | 189 | 26.4% |
| Italy | 60.6 | 61.5 | 68.8 | 75.2 | 7.5% |
| United Kingdom | 39.9 | 57.9 | 77.4 | 66.1 | 18.3% |
| Israel | 44.6 | 43.4 | 45.7 | 58.8 | 9.7% |
| France | 27.1 | 36.5 | 43.9 | 57.2 | 28.3% |
| Czech Republic | 24.9 | 30.8 | 41.5 | 44.7 | 21.5% |
| Spain | 26.8 | 23.8 | 33.4 | 42.9 | 17.0% |
| Austria | 8.6 | 15.6 | 21.5 | 36.0 | 61.2% |
| Portugal | 26.1 | 25.4 | 32.4 | 35.8 | 11.1% |
| Netherlands | 23.9 | 20.4 | 27.9 | 35.4 | 14.0% |
| Greece | 16.0 | 16.3 | 19.2 | 24.7 | 15.6% |
| Sweden | 11.6 | 7.8 | 13.3 | 15.7 | 10.6% |
| Slovakia | 9.5 | 9.9 | 12.2 | 12.3 | 9.0% |
| Others | 27.8 | 34.2 | 36.5 | 45.7 | 18.0% |
| Total | 441 | 513 | 637 | 740 | 18.8% |
Top Export Markets for Fresh or Chilled Boneless Cuts of Bovine Meat from Poland in 2022:
- Germany (28.8K tons)
- Italy (8.6K tons)
- United Kingdom (8.3K tons)
- France (8.0K tons)
- Czech Republic (6.5K tons)
- Israel (6.4K tons)
- Austria (6.4K tons)
- Spain (5.1K tons)
- Netherlands (4.5K tons)
- Portugal (4.0K tons)
- Greece (4.0K tons)
- Sweden (2.2K tons)
- Slovakia (1.7K tons)
Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Poland
In 2022, supplies from abroad of fresh or chilled boneless cuts of bovine meat decreased by -7.9% to 6.5K tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 1.1%. As a result, imports reached the peak of 7.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fresh or chilled boneless cuts of bovine meat soared to $44M in 2022. The total import value increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. 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 Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.6 | 10.6 | 13.8 | 12.4 | 17.7% |
| Czech Republic | 7.2 | 5.9 | 6.4 | 11.1 | 15.5% |
| Ireland | 5.8 | 6.5 | 7.0 | 7.3 | 8.0% |
| Netherlands | 4.1 | 4.1 | 4.7 | 6.0 | 13.5% |
| Denmark | 1.6 | 1.4 | 0.9 | 2.3 | 12.9% |
| Spain | 0.2 | 1.0 | 1.2 | 1.4 | 91.3% |
| Lithuania | 0.4 | 0.7 | N/A | 0.8 | 26.0% |
| United Kingdom | 6.6 | 5.6 | N/A | N/A | -15.2% |
| Others | 2.7 | 1.7 | 3.9 | 2.2 | -6.6% |
| Total | 36.2 | 37.6 | 37.8 | 43.5 | 6.3% |
Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Poland in 2022:
- Germany (2149.9 tons)
- Czech Republic (1771.7 tons)
- Ireland (1049.9 tons)
- Netherlands (445.1 tons)
- Lithuania (390.6 tons)
- Denmark (300.1 tons)
- Spain (184.0 tons)
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