Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania - 2023
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania (CIF) - 2023
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania (FOB) - 2022
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania
- Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania (CIF) - 2023
In October 2023, the average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $6,353 per ton, waning by -53.3% against the previous month. In general, the import price, however, saw a measured increase. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 239% against the previous month. As a result, import price reached the peak level of $13,717 per ton. From March 2023 to October 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the Netherlands ($17,743 per ton), while the price for Germany ($1,207 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 Ireland (+13.2%), 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 Romania (FOB) - 2022
The average export price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $3,825 per ton in 2022, picking up by 814% against the previous year. In general, the export price showed a perceptible increase. Over the period under review, the average export prices attained the peak figure at $4,027 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($6,895 per ton), while the average price for exports to Slovenia ($217 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+69.7%), 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 Romania
In 2022, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat into Romania soared to 593 tons, with an increase of 32% against the previous year's figure. Over the period under review, imports, however, showed a pronounced setback.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat skyrocketed to $3.9M in 2022. Overall, imports posted strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 766 | 614 | 1,519 | 1,945 | 36.4% |
| Poland | 231 | 123 | 659 | 956 | 60.6% |
| Italy | 736 | 504 | 441 | 545 | -9.5% |
| Ireland | 14.4 | 0.2 | N/A | 73.4 | 72.1% |
| Germany | 631 | 355 | 189 | 69.7 | -52.0% |
| Spain | 4.7 | 5.0 | 30.9 | 43.8 | 110.4% |
| Cyprus | 12.9 | 8.2 | 13.7 | 18.5 | 12.8% |
| Others | 201 | 159 | 160 | 215 | 2.3% |
| Total | 2,597 | 1,769 | 3,013 | 3,867 | 14.2% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Romania in 2022:
- Poland (195.3 tons)
- Italy (149.0 tons)
- Netherlands (116.0 tons)
- Ireland (38.9 tons)
- Spain (29.3 tons)
- Germany (19.9 tons)
- Cyprus (18.7 tons)
Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania
In 2022, shipments abroad of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat decreased by -63.2% to 92 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 479% against the previous year. As a result, the exports reached the peak of 249 tons, and then dropped markedly in the following year.
In value terms, exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat skyrocketed to $350K in 2022. Overall, exports, however, enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 11.3 | 4.7 | 1.6 | 181 | 152.1% |
| Spain | 1.4 | N/A | 25.3 | 78.5 | 282.7% |
| Germany | N/A | 1.4 | 6.2 | 36.5 | 410.6% |
| Poland | 0.4 | 10.7 | 8.0 | 21.6 | 278.0% |
| France | N/A | N/A | N/A | 16.9 | 0% |
| Greece | 4.4 | 21.9 | 8.4 | 7.3 | 18.4% |
| Slovenia | N/A | N/A | 35.6 | 1.8 | -94.9% |
| Bulgaria | 4.1 | N/A | 0.9 | 0.2 | -63.5% |
| Cote d'Ivoire | N/A | N/A | 15.7 | N/A | 0% |
| Others | 17.3 | 7.7 | 2.5 | 6.4 | -28.2% |
| Total | 38.8 | 46.3 | 104 | 350 | 108.2% |
Top Export Markets for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Romania in 2022:
- Netherlands (35.7 tons)
- Spain (17.8 tons)
- Poland (11.6 tons)
- Germany (10.9 tons)
- Slovenia (8.4 tons)
- France (2.4 tons)
- Greece (2.1 tons)
- Bulgaria (0.6 tons)
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