Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Croatia - 2023

Contents:

  1. Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Croatia (CIF) - 2023
  2. Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Croatia (FOB) - 2022
  3. Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Croatia
  4. Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Croatia

Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Croatia (CIF) - 2023

The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $7,412 per ton in October 2023, dropping by -4.7% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 48% against the previous month. Over the period under review, average import prices attained the maximum at $15,181 per ton in July 2023; however, from August 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Slovenia ($15,617 per ton), while the price for Austria ($1,135 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Croatia (FOB) - 2022

The average export price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $4,095 per ton in 2022, shrinking by -14.5% against the previous year. Overall, the export price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2018 an increase of 159%. Over the period under review, the average export prices hit record highs at $4,792 per ton in 2021, and then fell 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 Slovenia ($27,727 per ton), while the average price for exports to Germany ($4,936 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Croatia

In 2022, the amount of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat imported into Croatia dropped rapidly to 99 tons, which is down by -43.3% on the previous year's figure. Over the period under review, imports saw a slight downturn. The pace of growth was the most pronounced in 2021 when imports increased by 149% against the previous year. As a result, imports reached the peak of 174 tons, and then contracted rapidly in the following year.

In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat rose significantly to $1.3M in 2022. In general, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 197%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3941693125209.7%
Italy89.082.052123638.4%
Austria23.96.611.8214107.7%
Slovenia79.945.096.112215.2%
Spain39.675.186.329.3-9.6%
Hungary0.6N/AN/A25.3248.1%
Others21.921.516210568.6%
Total6494001,1881,25124.5%

Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Croatia in 2022:

  1. Austria (49.9 tons)
  2. Netherlands (49.6 tons)
  3. Italy (44.9 tons)
  4. Slovenia (16.4 tons)
  5. Spain (5.5 tons)
  6. Hungary (3.2 tons)

Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Croatia

In 2022, shipments abroad of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat decreased by -64.8% to 61 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 243% against the previous year.

In value terms, exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat reduced markedly to $249K in 2022. Over the period under review, exports, however, recorded strong growth. The pace of growth was the most pronounced in 2020 when exports increased by 185%.

Export of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
North MacedoniaN/A21.8157112126.7%
Montenegro3.513.932.186.0190.7%
Slovenia23.54.254.929.57.9%
GermanyN/AN/AN/A12.80%
Italy4.1N/AN/A8.125.5%
Bosnia and HerzegovinaN/A223224N/A0.4%
PhilippinesN/A95.9242N/A152.3%
Czech Republic12196.3N/AN/A-20.4%
Others16.527.21190.8-63.5%
Total16948282924913.8%

Top Export Markets for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Croatia in 2022:

  1. North Macedonia (6.0 tons)
  2. Montenegro (4.3 tons)
  3. Germany (2.6 tons)
  4. Slovenia (1.1 tons)
  5. Italy (0.7 tons)

Source: IndexBox Market Intelligence Platform

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