Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Morocco - 2023
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Morocco (CIF) - 2022
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Morocco
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Morocco (CIF) - 2022
The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $15,452 per ton in 2022, picking up by 60% against the previous year. In general, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2018 an increase of 124%. The import price peaked at $22,368 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($18,003 per ton), while the price for Australia stood at $6,457 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Morocco
Imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat into Morocco soared to 7.1 tons in 2022, growing by 41% on the previous year. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 83% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat surged to $110K in 2022. Over the period under review, imports posted significant growth. 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 Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 0.1 | 0.1 | 103 | 3109.4% | |
| Australia | 0.1 | N/A | 3.9 | 524.5% | |
| Russia | N/A | 18.2 | N/A | 0% | |
| Argentina | 61.4 | 30.2 | N/A | -50.8% | |
| Others | 0.2 | N/A | 2.2 | 231.7% | |
| Total | 61.6 | 48.6 | 110 | 33.6% | |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Morocco in 2022:
- United States (5.7 tons)
- Australia (0.6 tons)
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