Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Ghana - 2022
Contents:
- Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Ghana (CIF) - 2022
- Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Ghana
Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Ghana (CIF) - 2022
The average import price for frozen carcasses and half-carcasses of bovine meat stood at $1,068 per ton in 2022, with an increase of 14% against the previous year. Over the period under review, the import price, however, recorded a pronounced decline. The import price peaked at $1,700 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 UK ($1,899 per ton), while the price for Ireland ($1,108 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Ghana
In 2022, the amount of frozen carcasses and half-carcasses of bovine meat imported into Ghana fell rapidly to 25 tons, with a decrease of -48.6% compared with 2021 figures. In general, imports showed a precipitous curtailment. The smallest decline of -28.3% was in 2020.
In value terms, imports of frozen carcasses and half-carcasses of bovine meat dropped remarkably to $26K in 2022. Overall, imports continue to indicate a precipitous decline. The smallest decline of -23.5% was in 2020.
Import of Frozen Carcasses and Half-Carcasses of Bovine Meat in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 31.5 | 2.8 | 4.8 | 3.2 | -53.3% |
United Kingdom | 4.1 | 0.1 | 0.4 | 1.0 | -37.5% |
Spain | 4.9 | 0.5 | 0.9 | 0.7 | -47.7% |
Italy | 6.2 | 0.6 | 1.0 | 0.6 | -54.1% |
Others | 30.1 | 54.8 | 37.9 | 20.8 | -11.6% |
Total | 76.8 | 58.8 | 45.0 | 26.3 | -30.0% |
Top Suppliers of Frozen Carcasses and Half-Carcasses of Bovine Meat to Ghana in 2022:
- Ireland (2.9 tons)
- United Kingdom (0.5 tons)
- Italy (0.5 tons)
- Spain (0.5 tons)
This report provides an in-depth analysis of the beef market in Ghana.
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