Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina - 2023
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina (FOB) - 2023
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina (CIF) - 2022
- Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina (FOB) - 2023
The average export price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $1,551 per ton in June 2023, which is down by -3.2% against the previous month. Over the period under review, the export price recorded a pronounced setback. The pace of growth was the most pronounced in March 2023 an increase of 12% m-o-m. The export price peaked at $2,099 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to -2.5% per month.
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina (CIF) - 2022
The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $16,838 per ton in 2022, rising by 139% against the previous year. Over the period under review, the import price showed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($33,111 per ton), while the price for the United States amounted to $4,076 per ton.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-33.7%).
Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina
After three years of growth, overseas shipments of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat decreased by -6.5% to 101K tons in 2022. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 229%.
In value terms, exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat reduced to $189M in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 91% against the previous year.
| Export of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 65.9 | 129 | 220 | 188 | 41.8% |
| Others | 2.2 | 0.7 | 0.2 | 0.9 | -25.8% |
| Total | 68.1 | 130 | 221 | 189 | 40.5% |
Top Export Markets for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Argentina in 2022:
- China (100.7K tons)
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina
In 2022, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat into Argentina declined significantly to 15 tons, shrinking by -42.7% on the previous year's figure. In general, imports, however, recorded a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by 175%. As a result, imports reached the peak of 26 tons, and then declined remarkably in the following year.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat soared to $247K in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 298% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 0.8 | N/A | 1.2 | 22.5% | |
| Germany | N/A | N/A | 0.6 | 0% | |
| Brazil | 2.9 | N/A | N/A | 0% | |
| Others | 41.6 | 180 | 245 | 142.7% | |
| Total | 45.3 | 180 | 247 | 133.5% | |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Argentina in 2022:
- United States (0.3 tons)
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