Price for Frozen Boneless Cuts of Bovine Meat in Poland - 2023
Contents:
- Price for Frozen Boneless Cuts of Bovine Meat in Poland (FOB) - 2023
- Price for Frozen Boneless Cuts of Bovine Meat in Poland (CIF) - 2023
- Exports of Frozen Boneless Cuts of Bovine Meat in Poland
- Imports of Frozen Boneless Cuts of Bovine Meat in Poland
Price for Frozen Boneless Cuts of Bovine Meat in Poland (FOB) - 2023
The average export price for frozen boneless cuts of bovine meat stood at $6,042 per ton in October 2023, surging by 2.8% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 5.8% against the previous month. The export price peaked at $6,298 per ton in June 2023; however, from July 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Israel ($9,434 per ton), while the average price for exports to Ghana ($1,476 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Boneless Cuts of Bovine Meat in Poland (CIF) - 2023
In September 2023, the average import price for frozen boneless cuts of bovine meat amounted to $5,611 per ton, rising by 12% against the previous month. Overall, the import price continues to indicate modest growth. The growth pace was the most rapid in June 2023 when the average import price increased by 15% against the previous month. The import price peaked at $5,982 per ton in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Ireland ($8,520 per ton), while the price for Denmark ($1,321 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Frozen Boneless Cuts of Bovine Meat in Poland
After three years of growth, overseas shipments of frozen boneless cuts of bovine meat decreased by -2.4% to 89K tons in 2022. The total export volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 8.9%. As a result, the exports reached the peak of 92K tons, and then fell modestly in the following year.
In value terms, exports of frozen boneless cuts of bovine meat skyrocketed to $529M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
| Export of Frozen Boneless Cuts of Bovine Meat in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 51.7 | 55.3 | 75.0 | 126 | 34.6% |
| Germany | 35.3 | 45.3 | 48.2 | 58.7 | 18.5% |
| Sweden | 27.1 | 30.6 | 37.6 | 46.7 | 19.9% |
| Japan | 10.4 | 13.4 | 42.5 | 40.7 | 57.6% |
| Israel | 39.6 | 35.2 | 36.5 | 37.9 | -1.5% |
| Spain | 17.8 | 14.4 | 20.1 | 32.8 | 22.6% |
| Netherlands | 21.1 | 20.1 | 21.4 | 32.3 | 15.2% |
| United Kingdom | 13.6 | 23.1 | 20.7 | 23.5 | 20.0% |
| Italy | 6.5 | 6.0 | 8.8 | 14.0 | 29.1% |
| Greece | 10.3 | 5.8 | 8.1 | 13.6 | 9.7% |
| Bulgaria | 9.4 | 8.9 | 11.8 | 10.8 | 4.7% |
| Austria | 1.3 | 4.9 | 4.1 | 7.2 | 76.9% |
| Ireland | 5.5 | 1.7 | 8.1 | 5.1 | -2.5% |
| Others | 67.1 | 69.7 | 88.2 | 79.2 | 5.7% |
| Total | 317 | 334 | 431 | 529 | 18.6% |
Top Export Markets for Frozen Boneless Cuts of Bovine Meat from Poland in 2022:
- France (20.7K tons)
- Germany (10.5K tons)
- Sweden (7.1K tons)
- Japan (7.1K tons)
- Netherlands (5.6K tons)
- Spain (5.5K tons)
- Israel (4.4K tons)
- United Kingdom (4.3K tons)
- Greece (2.2K tons)
- Italy (2.1K tons)
- Bulgaria (2.1K tons)
- Ireland (1.5K tons)
- Austria (1.4K tons)
Imports of Frozen Boneless Cuts of Bovine Meat in Poland
For the fourth year in a row, Poland recorded growth in supplies from abroad of frozen boneless cuts of bovine meat, which increased by 46% to 10K tons in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen boneless cuts of bovine meat soared to $46M in 2022. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 47%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Frozen Boneless Cuts of Bovine Meat in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 0.4 | 0.4 | 4.3 | 8.9 | 181.3% |
| Czech Republic | 4.4 | 4.0 | 5.3 | 8.2 | 23.1% |
| Netherlands | 6.8 | 6.6 | 7.0 | 7.8 | 4.7% |
| Germany | 4.1 | 4.3 | 5.1 | 6.7 | 17.8% |
| Spain | 1.5 | 2.3 | 2.9 | 3.5 | 32.6% |
| Italy | 0.3 | 0.1 | 0.2 | 2.3 | 97.2% |
| Romania | N/A | N/A | 0.1 | 1.8 | 1700.0% |
| Lithuania | N/A | 1.0 | 0.2 | 1.6 | 26.5% |
| Denmark | 1.4 | 0.2 | 3.7 | 1.5 | 2.3% |
| Ireland | 1.7 | 1.7 | 2.5 | 0.9 | -19.1% |
| United Kingdom | 0.5 | 1.3 | 0.1 | 0.2 | -26.3% |
| Others | 1.5 | 0.5 | 1.6 | 2.7 | 21.6% |
| Total | 22.7 | 22.5 | 33.1 | 46.0 | 26.5% |
Top Suppliers of Frozen Boneless Cuts of Bovine Meat to Poland in 2022:
- Germany (1863.0 tons)
- Austria (1573.9 tons)
- Czech Republic (1506.7 tons)
- Netherlands (1407.1 tons)
- Spain (600.4 tons)
- Lithuania (577.0 tons)
- Romania (533.2 tons)
- Denmark (532.9 tons)
- Italy (492.6 tons)
- Ireland (154.4 tons)
- United Kingdom (148.2 tons)
853
This report provides an in-depth analysis of the beef market in Poland.
496
This report provides an in-depth analysis of the beef market in Poland.
4190
This report provides an in-depth analysis of the global beef market.
953
Global Beef Market Report 2019. This report provides an in-depth analysis of the global beef market.
324
This report provides an in-depth analysis of the frozen beef carcase market in Poland.
495
Global Frozen Beef Carcase Market Report 2018. This report provides an in-depth analysis of the global frozen beef carcase market.
188
The export of beef experienced consistent growth with a monthly average rate of +1.0% from September 2022 to September 2023, showing only slight fluctuations. In terms of value, beef exports reached $225M in September 2023.
451
Explore the top import markets for beef, including China, the United States, South Korea, and more. Discover key statistics and figures from the IndexBox market intelligence platform.
684
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
1765
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
1299
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
3851
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
1627
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1966
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
1019
In 2015, the countries with the highest levels of production in 2015 were the United States (X thousand tons), Brazil (X thousand tons), China (X thousand tons), together accounting for X% of total output.
1246
France dominates in the global beef trade. In 2014, France exported X thousand tons of beef totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total beef exports in value terms
