Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in India - 2023
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in India (FOB) - 2022
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in India (CIF) - 2022
- Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in India
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in India
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in India (FOB) - 2022
In 2022, the average export price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $2,357 per ton, with a decrease of -4.8% against the previous year. Overall, the export price recorded a mild setback. The most prominent rate of growth was recorded in 2013 an increase of 38% against the previous year. Over the period under review, the average export prices reached the maximum at $4,845 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Iraq.
From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +9.2% per year.
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in India (CIF) - 2022
The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $5,290 per ton in 2022, declining by -69.6% against the previous year. Over the period under review, the import price, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2021 an increase of 311%. As a result, import price attained the peak level of $17,419 per ton, and then dropped dramatically in the following year.
As there is only one major supplying country, the average price level is determined by prices for Kuwait.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +15.5% per year.
Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in India
Exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat from India surged to 84 tons in 2022, rising by 50% against the previous year's figure. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 139,850%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat surged to $198K in 2022. In general, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 121,485%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | N/A | N/A | N/A | 0.2 | 0% |
| Malaysia | 1.2 | 1.2 | 2.1 | N/A | 32.3% |
| Cambodia | 0.4 | 2.4 | 1.2 | N/A | 73.2% |
| Lao People's Democratic Republic | 3.3 | 3.7 | 0.9 | N/A | -47.8% |
| Saudi Arabia | 17.6 | 20.1 | 23.1 | N/A | 14.6% |
| Others | -22.5 | -27.4 | -27.1 | N/A | 9.7% |
| Total | N/A | N/A | 0.1 | 0.2 | 100.0% |
Top Export Markets for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from India in 2022:
- Iraq (84.0 tons)
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in India
In 2022, supplies from abroad of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat decreased by -71.5% to 5.8 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a dramatic setback. The growth pace was the most rapid in 2020 when imports increased by 938% against the previous year. As a result, imports reached the peak of 120 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat fell remarkably to $31K in 2022. In general, imports showed a slight decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 1,488% against the previous year. As a result, imports reached the peak of $507K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | N/A | N/A | N/A | 432 | 0% |
| Senegal | 113 | N/A | N/A | N/A | 0% |
| United States | 511 | 94.7 | 356 | N/A | -16.5% |
| Oman | N/A | 28.1 | N/A | N/A | 0% |
| United Arab Emirates | 179 | N/A | N/A | N/A | 0% |
| Saudi Arabia | N/A | 381 | N/A | N/A | 0% |
| Brazil | 68.7 | 3.1 | 0.8 | N/A | -89.2% |
| Others | -839.6 | 0.2 | 0.3 | -401.1 | -21.8% |
| Total | 31.9 | 507 | 357 | 30.9 | -1.1% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to India in 2022:
- Kuwait (98.0 tons)
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