Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Austria - 2023
Contents:
- Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Austria (FOB) - 2023
- Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Austria (CIF) - 2023
- Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Austria
- Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Austria
Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Austria (FOB) - 2023
The average export price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $5,628 per ton in October 2023, increasing by 8.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was North Macedonia ($5,924 per ton), while the average price for exports to Bosnia and Herzegovina ($3,577 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 Hungary (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Austria (CIF) - 2023
The average import price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $5,571 per ton in August 2023, picking up by 7.7% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 30% m-o-m. As a result, import price attained the peak level of $6,889 per ton. From January 2023 to August 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Poland ($6,291 per ton) and the Netherlands ($5,923 per ton), while the price for Hungary ($4,266 per ton) and the Czech Republic ($4,707 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Austria
In 2022, approx. 18K tons of fresh or chilled carcasses and half-carcasses of bovine meat were exported from Austria; increasing by 3% compared with 2021. The total export volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of fresh or chilled carcasses and half-carcasses of bovine meat skyrocketed to $92M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 24.9 | 19.3 | 28.4 | 30.6 | 7.1% |
| Switzerland | 13.8 | 16.7 | 25.3 | 27.7 | 26.1% |
| Italy | 9.8 | 11.3 | 13.7 | 17.7 | 21.8% |
| Germany | 3.7 | 3.5 | 5.8 | 10.1 | 39.8% |
| Croatia | 0.4 | N/A | 0.2 | 1.8 | 65.1% |
| Hungary | 1.8 | 1.8 | 2.0 | 1.6 | -3.9% |
| Spain | 0.5 | 0.7 | 1.1 | 1.6 | 47.4% |
| Others | 1.4 | 1.4 | 0.8 | 1.1 | -7.7% |
| Total | 56.3 | 54.9 | 77.4 | 92.2 | 17.9% |
Top Export Markets for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat from Austria in 2022:
- Netherlands (6.7K tons)
- Switzerland (5.0K tons)
- Italy (3.4K tons)
- Germany (1.7K tons)
- Croatia (0.4K tons)
- Hungary (0.3K tons)
- Spain (0.3K tons)
Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Austria
Imports of fresh or chilled carcasses and half-carcasses of bovine meat into Austria shrank sharply to 7.5K tons in 2022, falling by -22.9% against 2021. Overall, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 5.7%. As a result, imports attained the peak of 9.7K tons, and then reduced rapidly in the following year.
In value terms, imports of fresh or chilled carcasses and half-carcasses of bovine meat reduced to $40M in 2022. In general, imports saw a perceptible slump. The growth pace was the most rapid in 2021 when imports increased by 15% against the previous year.
| Import of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 20.4 | 14.7 | 14.6 | 19.4 | -1.7% |
| Germany | 16.5 | 16.7 | 21.8 | 15.8 | -1.4% |
| Poland | 2.5 | 2.3 | 2.9 | 2.0 | -7.2% |
| France | 0.1 | 0.5 | 0.9 | 1.4 | 141.0% |
| Czech Republic | N/A | 0.9 | 2.1 | 0.5 | -25.5% |
| Others | 4.0 | 2.3 | 0.8 | 0.6 | -46.9% |
| Total | 43.6 | 37.3 | 43.0 | 39.7 | -3.1% |
Top Suppliers of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat to Austria in 2022:
- Netherlands (3.3K tons)
- Germany (3.1K tons)
- Poland (0.4K tons)
- France (0.4K tons)
- Czech Republic (0.1K tons)
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