Price for Frozen Boneless Cuts of Bovine Meat in Kazakhstan - 2022
Contents:
- Price for Frozen Boneless Cuts of Bovine Meat in Kazakhstan (CIF) - 2022
- Price for Frozen Boneless Cuts of Bovine Meat in Kazakhstan (FOB) - 2022
- Imports of Frozen Boneless Cuts of Bovine Meat in Kazakhstan
- Exports of Frozen Boneless Cuts of Bovine Meat in Kazakhstan
Price for Frozen Boneless Cuts of Bovine Meat in Kazakhstan (CIF) - 2022
In 2022, the average import price for frozen boneless cuts of bovine meat amounted to $4,847 per ton, jumping by 22% against the previous year. In general, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 44%. The import price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($12,076 per ton), while the price for Brazil ($1,726 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Boneless Cuts of Bovine Meat in Kazakhstan (FOB) - 2022
The average export price for frozen boneless cuts of bovine meat stood at $8,608 per ton in 2022, increasing by 60% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for frozen boneless cuts of bovine meat increased by +96.1% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($12,012 per ton), while the average price for exports to Uzbekistan ($8,114 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 Uzbekistan (+47.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Boneless Cuts of Bovine Meat in Kazakhstan
In 2022, imports of frozen boneless cuts of bovine meat into Kazakhstan reduced dramatically to 3.7K tons, shrinking by -34.7% against the previous year. Overall, imports faced a precipitous descent. The smallest decline of -11.7% was in 2021.
In value terms, imports of frozen boneless cuts of bovine meat dropped sharply to $18M in 2022. In general, imports continue to indicate a abrupt decline. The smallest decline of -2.1% was in 2021.
| Import of Frozen Boneless Cuts of Bovine Meat in Kazakhstan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4.5 | 4.2 | 5.2 | 9.2 | 26.9% |
| Belarus | 5.1 | 3.9 | 2.6 | 3.4 | -12.6% |
| Ukraine | 9.3 | 6.7 | 6.8 | 3.0 | -31.4% |
| India | 0.3 | 0.2 | 0.2 | 0.8 | 38.7% |
| United Arab Emirates | N/A | N/A | N/A | 0.7 | 0% |
| Brazil | N/A | 0.1 | 0.2 | 0.5 | 123.6% |
| Paraguay | 0.9 | 0.2 | 0.3 | 0.4 | -23.7% |
| Bulgaria | 1.5 | 1.3 | 1.5 | N/A | 0.0% |
| Australia | 0.8 | 0.6 | 0.5 | N/A | -20.9% |
| United States | 0.5 | 0.4 | 0.5 | N/A | 0.0% |
| Poland | 3.6 | 2.3 | 2.0 | N/A | -25.5% |
| Others | 4.7 | 3.2 | 2.9 | N/A | -21.4% |
| Total | 31.1 | 23.1 | 22.6 | 18.0 | -16.7% |
Top Suppliers of Frozen Boneless Cuts of Bovine Meat to Kazakhstan in 2022:
- Russia (1400.4 tons)
- Belarus (716.1 tons)
- Ukraine (638.5 tons)
- India (490.0 tons)
- Brazil (308.3 tons)
- Paraguay (112.0 tons)
- United Arab Emirates (58.6 tons)
Exports of Frozen Boneless Cuts of Bovine Meat in Kazakhstan
In 2022, shipments abroad of frozen boneless cuts of bovine meat decreased by -94% to 52 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 64%. As a result, the exports reached the peak of 1K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of frozen boneless cuts of bovine meat reduced sharply to $447K in 2022. Over the period under review, exports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 59%.
| Export of Frozen Boneless Cuts of Bovine Meat in Kazakhstan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | N/A | 0.2 | 0.3 | 0.4 | 41.4% |
| Russia | 0.4 | 1.8 | 3.4 | N/A | 191.5% |
| China | 2.4 | 2.3 | 0.9 | N/A | -38.8% |
| United Arab Emirates | N/A | N/A | N/A | N/A | 0% |
| Georgia | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 2.8 | 4.5 | 4.7 | 0.4 | -47.7% |
Top Export Markets for Frozen Boneless Cuts of Bovine Meat from Kazakhstan in 2022:
- Uzbekistan (46.7 tons)
- United Arab Emirates (3.5 tons)
- Georgia (1.0 tons)
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