Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine - 2023
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine (FOB) - 2023
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine (CIF) - 2022
- Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine (FOB) - 2023
In November 2023, the average export price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $3,050 per ton, with a decrease of -2.8% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in March 2023 an increase of 12% against the previous month. The export price peaked at $3,138 per ton in October 2023, and then reduced slightly in the following month.
Average prices varied noticeably for the major export markets. In November 2023, the country with the highest price was Azerbaijan ($3,080 per ton), while the average price for exports to Uzbekistan ($3,000 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine (CIF) - 2022
In 2022, the average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $1,319 per ton, rising by 5.3% against the previous year. Overall, the import price, however, saw a sharp downturn. The most prominent rate of growth was recorded in 2018 an increase of 78%. Over the period under review, average import prices hit record highs at $17,187 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Uzbekistan.
From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to -15.1% per year.
Exports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine
Exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat from Ukraine plummeted to 2.4K tons in 2022, with a decrease of -37.6% compared with the year before. Over the period under review, exports recorded a sharp downturn. The smallest decline of -3.9% was in 2020.
In value terms, exports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat reduced markedly to $7.2M in 2022. In general, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 8.5% against the previous year. As a result, the exports reached the peak of $14M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | 1.5 | 3.5 | 4.2 | 3.0 | 26.0% |
| Georgia | 1.0 | 4.9 | 3.9 | 2.4 | 33.9% |
| Azerbaijan | 5.4 | 2.9 | 2.2 | 1.7 | -32.0% |
| Kazakhstan | 4.7 | 2.4 | 1.5 | N/A | -43.5% |
| Others | 0.3 | 0.3 | 0.2 | 0.1 | -30.7% |
| Total | 12.9 | 13.9 | 12.2 | 7.2 | -17.7% |
Top Export Markets for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Ukraine in 2022:
- Uzbekistan (1080.0 tons)
- Georgia (760.0 tons)
- Azerbaijan (543.1 tons)
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine
After three years of growth, supplies from abroad of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat decreased by -86.4% to 61 tons in 2022. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 459%.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat shrank dramatically to $80K in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 644% against the previous year.
| Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | N/A | N/A | N/A | 50.0 | 0% |
| Russia | 16.3 | 74.4 | 58.8 | N/A | 89.9% |
| Belarus | N/A | 68.4 | 499 | N/A | 629.5% |
| Others | 12.0 | 67.7 | 2.0 | 30.2 | 36.0% |
| Total | 28.3 | 210 | 559 | 80.2 | 41.5% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Ukraine in 2022:
- Uzbekistan (20.0 tons)
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