Price for Frozen Boneless Cuts of Bovine Meat in Switzerland - 2023
Contents:
- Price for Frozen Boneless Cuts of Bovine Meat in Switzerland (FOB) - 2022
- Price for Frozen Boneless Cuts of Bovine Meat in Switzerland (CIF) - 2022
- Exports of Frozen Boneless Cuts of Bovine Meat in Switzerland
- Imports of Frozen Boneless Cuts of Bovine Meat in Switzerland
Price for Frozen Boneless Cuts of Bovine Meat in Switzerland (FOB) - 2022
The average export price for frozen boneless cuts of bovine meat stood at $15,560 per ton in 2022, surging by 20% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% 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 +123.4% against 2016 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 41%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($16,293 per ton), while the average price for exports to Germany totaled $15,491 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.2%).
Price for Frozen Boneless Cuts of Bovine Meat in Switzerland (CIF) - 2022
The average import price for frozen boneless cuts of bovine meat stood at $9,674 per ton in 2022, picking up by 61% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for frozen boneless cuts of bovine meat increased by +71.5% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($26,541 per ton), while the price for Austria ($6,539 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Frozen Boneless Cuts of Bovine Meat in Switzerland
In 2022, approx. 469 tons of frozen boneless cuts of bovine meat were exported from Switzerland; picking up by 673% against the previous year. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of frozen boneless cuts of bovine meat surged to $7.3M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Boneless Cuts of Bovine Meat in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.6 | 0.5 | 0.7 | 6.7 | 123.5% |
| Italy | N/A | 0.1 | N/A | 0.5 | 123.6% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 0.7 | 0.7 | 0.8 | 7.3 | 118.5% |
Top Export Markets for Frozen Boneless Cuts of Bovine Meat from Switzerland in 2022:
- Germany (434.6 tons)
- Italy (33.3 tons)
Imports of Frozen Boneless Cuts of Bovine Meat in Switzerland
In 2022, supplies from abroad of frozen boneless cuts of bovine meat decreased by -72.6% to 717 tons, falling for the second consecutive year after two years of growth. In general, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 65%. As a result, imports reached the peak of 2.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of frozen boneless cuts of bovine meat declined significantly to $6.9M in 2022. Over the period under review, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 63% against the previous year.
| Import of Frozen Boneless Cuts of Bovine Meat in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.2 | 4.3 | 4.2 | 3.6 | 17.8% |
| Austria | 4.6 | 7.5 | 9.3 | 0.7 | -46.6% |
| France | 0.1 | 0.5 | 0.4 | 0.4 | 58.7% |
| Paraguay | 0.4 | 0.1 | 0.5 | 0.4 | 0.0% |
| United States | 0.2 | 0.3 | 0.2 | 0.3 | 14.5% |
| Ireland | 0.2 | 0.8 | 0.1 | 0.3 | 14.5% |
| Lithuania | N/A | 0.4 | 0.3 | 0.2 | -29.3% |
| Others | 1.4 | 1.1 | 0.6 | 1.0 | -10.6% |
| Total | 9.1 | 14.9 | 15.7 | 6.9 | -8.8% |
Top Suppliers of Frozen Boneless Cuts of Bovine Meat to Switzerland in 2022:
- Germany (392.3 tons)
- Austria (106.3 tons)
- Paraguay (45.1 tons)
- Ireland (34.2 tons)
- France (32.8 tons)
- Lithuania (27.1 tons)
- United States (12.7 tons)
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