Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Saudi Arabia - 2022
Contents:
- Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Saudi Arabia (CIF) - 2022
- Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Saudi Arabia
Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Saudi Arabia (CIF) - 2022
The average import price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $6,349 per ton in 2021, stabilizing at the previous year. Overall, the import price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2015 an increase of 8.6%. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Australia ($31,712 per ton), while the price for Pakistan stood at $5,229 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+20.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Saudi Arabia
In 2021, imports of fresh or chilled carcasses and half-carcasses of bovine meat into Saudi Arabia amounted to 511 tons, leveling off at 2020 figures. In general, imports continue to indicate a precipitous slump. The smallest decline of 99.9% was in 2020.
In value terms, imports of fresh or chilled carcasses and half-carcasses of bovine meat totaled $3.2M in 2021. Over the period under review, imports continue to indicate a dramatic contraction. The smallest decline of 99.9% was in 2020.
| Import of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Pakistan | 4.2 | N/A | 2.3 | -26.0% | |
| Australia | 2.2 | N/A | 0.5 | -52.3% | |
| United States | 0.7 | N/A | N/A | 0% | |
| Brazil | 3.1 | N/A | N/A | 0% | |
| Others | N/A | N/A | 0.4 | 0% | |
| Total | 10.3 | N/A | 3.2 | -44.3% | |
Top Suppliers of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat to Saudi Arabia in 2022:
- Pakistan (449.2 tons)
- Australia (17.1 tons)
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