Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Argentina - 2022

Contents:

1. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Argentina (FOB) - 2022
2. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Argentina (CIF) - 2022
3. Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Argentina
4. Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Argentina

Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Argentina (FOB) - 2022

In 2022, the average export price for frozen carcasses and half-carcasses of bovine meat amounted to $3,625 per ton, approximately mirroring the previous year. Overall, the export price, however, continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 2.9%. Over the period under review, the average export prices attained the maximum at $5,408 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Morocco.

From 2012 to 2022, the rate of growth in terms of prices for Morocco amounted to -3.7% per year.

Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Argentina (CIF) - 2022

The average import price for frozen carcasses and half-carcasses of bovine meat stood at $7,005 per ton in 2022, with an increase of 7% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2016 an increase of 178%. The import price peaked at $11,919 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($8,070 per ton), while the price for the United Arab Emirates amounted to $8,067 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+20.5%).

Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Argentina

In 2022, exports of frozen carcasses and half-carcasses of bovine meat from Argentina rose sharply to 7.7K tons, picking up by 8.8% on 2021 figures. The total export volume increased at an average annual rate of +8.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of frozen carcasses and half-carcasses of bovine meat rose notably to $28M in 2022. The total export value increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 8.9%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Frozen Carcasses and Half-Carcasses of Bovine Meat from Argentina in 2022:

1. Morocco (4.0K tons)

Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Argentina

Imports of frozen carcasses and half-carcasses of bovine meat into Argentina surged to 11 tons in 2022, increasing by 545% compared with 2021 figures. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of frozen carcasses and half-carcasses of bovine meat skyrocketed to $80K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Frozen Carcasses and Half-Carcasses of Bovine Meat to Argentina in 2022:

1. United Arab Emirates (1.1 tons)
2. United States (0.2 tons)

Source: IndexBox Market Intelligence Platform