Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bangladesh - 2022
Contents:
- Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bangladesh (FOB) - 2022
- Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bangladesh
Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bangladesh (FOB) - 2022
In 2022, the average export price for fresh or chilled carcasses and half-carcasses of bovine meat amounted to $7,844 per ton, waning by -54.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 35%. As a result, the export price reached the peak level of $17,401 per ton, and then contracted dramatically 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 Luxembourg ($71,917 per ton), while the average price for exports to the United Arab Emirates ($4,265 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+48.3%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bangladesh
In 2022, overseas shipments of fresh or chilled carcasses and half-carcasses of bovine meat increased by 534% to 3.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled carcasses and half-carcasses of bovine meat skyrocketed to $27K in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.0 | 4.1 | 2.2 | 3.0 | -9.1% |
| United Arab Emirates | 2.6 | 2.7 | 1.3 | 2.1 | -6.9% |
| Kuwait | 6.4 | 5.0 | 1.8 | 1.6 | -37.0% |
| Czech Republic | N/A | N/A | 0.4 | 1.5 | 275.0% |
| Slovakia | N/A | N/A | N/A | 1.4 | 0% |
| Luxembourg | N/A | N/A | 0.5 | 0.9 | 80.0% |
| Austria | N/A | N/A | 3.2 | N/A | 0% |
| Others | N/A | N/A | N/A | 16.4 | 0% |
| Total | 13.1 | 11.7 | 9.4 | 26.9 | 27.1% |
Top Export Markets for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat from Bangladesh in 2022:
- United Arab Emirates (502.0 kg)
- Kuwait (102.0 kg)
- Germany (59.0 kg)
- Czech Republic (26.0 kg)
- Slovakia (23.0 kg)
- Luxembourg (12.0 kg)
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