Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Sudan - 2022
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Sudan (CIF) - 2022
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Sudan
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Sudan (CIF) - 2022
In 2022, the average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $3,345 per ton, shrinking by -55.1% against the previous year. Over the period under review, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 108%. As a result, import price attained the peak level of $9,863 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($12,504 per ton), while the price for the United Arab Emirates ($3,524 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+3.7%), 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 Sudan
Imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat into Sudan soared to 15 tons in 2022, picking up by 597% compared with 2021. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 3,148% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat skyrocketed to $50K in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 2,910%. Imports peaked in 2022 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 Sudan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 95.9 | 58.9 | 27.3 | 43.2 | -23.3% |
| United Arab Emirates | 10.5 | 4.1 | 3.0 | 5.8 | -17.9% |
| Netherlands | N/A | 6.1 | 1.8 | 1.5 | -50.4% |
| Others | -104.9 | -24.1 | -16.0 | -0.1 | -90.2% |
| Total | 1.5 | 45.0 | 16.1 | 50.4 | 222.7% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Sudan in 2022:
- South Africa (4.6 tons)
- United Arab Emirates (1.7 tons)
- Netherlands (0.1 tons)
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