Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Nigeria - 2023
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Nigeria (CIF) - 2022
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Nigeria
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Nigeria (CIF) - 2022
The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $6,636 per ton in 2022, leveling off at the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 50%. Over the period under review, average import prices hit record highs at $9,783 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,000 per ton), while the price for the Netherlands ($1,000 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+14.0%), while the prices for the other major suppliers experienced a decline.
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Nigeria
Imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat into Nigeria rose remarkably to 55 tons in 2022, surging by 9.6% against the previous year. In general, imports, however, faced a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 109%.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat reached $364K in 2022. Over the period under review, imports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 96%.
| Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 127 | 0.4 | N/A | 0.2 | -88.4% |
| Italy | 40.1 | N/A | N/A | N/A | 0% |
| United States | 129 | N/A | N/A | N/A | 0% |
| Others | 224 | 171 | 336 | 364 | 17.6% |
| Total | 521 | 171 | 336 | 364 | -11.3% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Nigeria in 2022:
- South Africa (0.1 tons)
1761
This report provides an in-depth analysis of the beef market in Nigeria.
626
This report provides an in-depth analysis of the beef market in Nigeria.
4219
This report provides an in-depth analysis of the global beef market.
961
Global Beef Market Report 2019. This report provides an in-depth analysis of the global beef market.
344
This report provides an in-depth analysis of the frozen beef carcase market in Nigeria.
497
Global Frozen Beef Carcase Market Report 2018. This report provides an in-depth analysis of the global frozen beef carcase market.
466
Explore the top import markets for beef, including China, the United States, South Korea, and more. Discover key statistics and figures from the IndexBox market intelligence platform.
697
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
1791
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
1310
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
3863
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
1646
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1971
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
1032
In 2015, the countries with the highest levels of production in 2015 were the United States (X thousand tons), Brazil (X thousand tons), China (X thousand tons), together accounting for X% of total output.
1252
France dominates in the global beef trade. In 2014, France exported X thousand tons of beef totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total beef exports in value terms
