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

Contents:

  1. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Ghana (CIF) - 2022
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland31.52.84.83.2-53.3%
United Kingdom4.10.10.41.0-37.5%
Spain4.90.50.90.7-47.7%
Italy6.20.61.00.6-54.1%
Others30.154.837.920.8-11.6%
Total76.858.845.026.3-30.0%

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

  1. Ireland (2.9 tons)
  2. United Kingdom (0.5 tons)
  3. Italy (0.5 tons)
  4. Spain (0.5 tons)

Source: IndexBox Market Intelligence Platform

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