Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Austria - 2023

Contents:

1. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Austria (CIF) - 2023
2. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Austria (FOB) - 2022
3. Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Austria
4. Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Austria

Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Austria (CIF) - 2023

In August 2023, the average import price for frozen carcasses and half-carcasses of bovine meat amounted to $16,522 per ton, falling by -45.1% against the previous month. Overall, the import price showed a perceptible curtailment. The growth pace was the most rapid in March 2023 an increase of 44% against the previous month. The import price peaked at $33,642 per ton in May 2023; however, from June 2023 to August 2023, 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 the Netherlands.

From August 2022 to August 2023, the rate of growth in terms of prices for Germany amounted to +8.2% per month.

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

In 2021, the average export price for frozen carcasses and half-carcasses of bovine meat amounted to $5,459 per ton, declining by -46.6% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 43% against the previous year. Over the period under review, the average export prices hit record highs at $10,643 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($18,241 per ton), while the average price for exports to Italy amounted to $4,667 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+14.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of frozen carcasses and half-carcasses of bovine meat imported into Austria soared to 26 tons, jumping by 63% on the previous year's figure. Over the period under review, imports, however, recorded a precipitous decline.

In value terms, imports of frozen carcasses and half-carcasses of bovine meat skyrocketed to $647K in 2022. Overall, imports, however, continue to indicate a sharp shrinkage.

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

1. Netherlands (17.2 tons)
2. Germany (9.2 tons)

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

In 2021, the amount of frozen carcasses and half-carcasses of bovine meat exported from Austria surged to 11 tons, jumping by 1,729% compared with 2020. In general, exports posted significant growth. As a result, the exports attained 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 skyrocketed to $61K in 2021. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Italy (10.6 tons)
2. Germany (0.4 tons)
3. Hungary (0.1 tons)

Source: IndexBox Market Intelligence Platform