Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in New Zealand - 2023
Contents:
- Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in New Zealand (FOB) - 2022
- Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in New Zealand
Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in New Zealand (FOB) - 2022
In 2022, the average export price for fresh or chilled carcasses and half-carcasses of bovine meat amounted to $8,430 per ton, with an increase of 26% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 an increase of 54% against the previous year. As a result, the export price attained the peak level of $8,540 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Cambodia amounted to +48.4% per year.
Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in New Zealand
In 2022, overseas shipments of fresh or chilled carcasses and half-carcasses of bovine meat decreased by -42.5% to 16 tons, falling for the second year in a row after two years of growth. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 259%. As a result, the exports reached the peak of 29 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of fresh or chilled carcasses and half-carcasses of bovine meat contracted markedly to $138K in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 330%. As a result, the exports reached the peak of $240K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 138 | 0% |
| Kuwait | 17.1 | 62.2 | 69.7 | N/A | 101.9% |
| China | N/A | N/A | 22.2 | N/A | 0% |
| Austria | 7.1 | 23.7 | 2.0 | N/A | -46.9% |
| French Polynesia | 4.2 | 12.4 | 4.0 | N/A | -2.4% |
| Oman | 3.2 | 9.6 | 6.7 | N/A | 44.7% |
| United Arab Emirates | 4.9 | 65.9 | 42.1 | N/A | 193.1% |
| Qatar | 10.8 | 39.9 | 25.5 | N/A | 53.7% |
| Bahrain | 5.4 | 17.7 | 13.5 | N/A | 58.1% |
| Others | 3.1 | 8.3 | 5.2 | N/A | 29.5% |
| Total | 55.8 | 240 | 191 | 138 | 35.2% |
Top Export Markets for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat from New Zealand in 2022:
- Japan (16.4 tons)
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