Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Norway - 2024
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Norway (CIF) - 2022
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Norway (FOB) - 2022
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Norway
- Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Norway
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Norway (CIF) - 2022
The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $8,350 per ton in 2022, dropping by -48.7% against the previous year. Over the period under review, the import price, however, recorded a pronounced increase. The growth pace was the most rapid in 2013 when the average import price increased by 195%. The import price peaked at $18,733 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($25,822 per ton), while the price for Sweden ($6,654 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+131.3%), 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 Norway (FOB) - 2022
The average export price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $13,913 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2017 a decrease of -71.6% against the previous year. Over the period under review, the average export prices reached the maximum at $50,883 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to 0.0% per year.
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Norway
For the fourth year in a row, Norway recorded growth in purchases abroad of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat, which increased by 35% to 212 tons in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 296%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat declined dramatically to $1.8M in 2022. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 438% against the previous year. As a result, imports reached the peak of $2.6M, and then fell dramatically in the following year.
| Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 118 | 3.5 | 1,082 | 1,032 | 106.0% |
| United States | 39.3 | 153 | 731 | 193 | 70.0% |
| Denmark | 33.5 | 52.2 | 249 | 138 | 60.3% |
| Sweden | N/A | N/A | 18.1 | 111 | 513.3% |
| Lithuania | N/A | 36.4 | 10.9 | 99.1 | 65.0% |
| Poland | N/A | N/A | 25.2 | 69.8 | 177.0% |
| Netherlands | 15.0 | 35.3 | 240 | 42.5 | 41.5% |
| France | 33.0 | 54.6 | 66.8 | 12.4 | -27.8% |
| Others | 37.6 | 141 | 137 | 75.4 | 26.1% |
| Total | 277 | 476 | 2,560 | 1,773 | 85.7% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Norway in 2022:
- Ireland (58.0 tons)
- Sweden (16.7 tons)
- United States (7.8 tons)
- Denmark (7.6 tons)
- Lithuania (4.6 tons)
- Netherlands (4.5 tons)
- Poland (2.7 tons)
- France (0.6 tons)
Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Norway
After two years of decline, shipments abroad of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat decreased by 0% to 53 kg in 2022. Over the period under review, exports showed a sharp reduction. The smallest decline of 99.9% was in 2020.
In value terms, exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $737 in 2022. In general, exports showed a sharp reduction. The smallest decline of 99.9% was in 2020.
| Export of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Norway (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 737 | 0% |
| Singapore | 501 | N/A | N/A | N/A | 0% |
| Namibia | N/A | 19.0 | N/A | N/A | 0% |
| Others | 9,065 | -19.0 | N/A | N/A | -100.2% |
| Total | 9,566 | N/A | N/A | 737 | -57.4% |
Top Export Markets for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Norway in 2022:
- Netherlands (53.0 kg)
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