Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Algeria - 2022
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Algeria (CIF) - 2022
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Algeria
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Algeria (CIF) - 2022
The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $4,755 per ton in 2022, picking up by 4.4% against the previous year. Over the period under review, the import price, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2019 an increase of 35% against the previous year. The import price peaked at $6,430 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($51,728 per ton), while the price for Brazil ($1,991 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Algeria
For the third consecutive year, Algeria recorded decline in overseas purchases of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat, which decreased by less than 0.1% to 34 tons in 2022. Over the period under review, imports saw a relatively flat trend pattern. The smallest decline of less than 0.1% was in 2021.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat expanded to $160K in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 86.1 | 122 | 132 | 123 | 12.6% |
| India | 62.6 | 87.0 | 92.5 | 84.5 | 10.5% |
| Italy | 9.5 | 11.5 | 10.6 | 8.4 | -4.0% |
| Spain | 32.4 | N/A | N/A | N/A | 0% |
| Others | -49.6 | -73.4 | -81.8 | -55.7 | 3.9% |
| Total | 141 | 147 | 153 | 160 | 4.3% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Algeria in 2022:
- Brazil (61.7 tons)
- India (8.4 tons)
- Italy (1.2 tons)
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