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

Contents:

  1. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Morocco (CIF) - 2022
  2. Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Morocco

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

In 2022, the average import price for frozen carcasses and half-carcasses of bovine meat amounted to $3,943 per ton, falling by -6.5% against the previous year. In general, the import price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2016 an increase of 7.7%. Over the period under review, average import prices attained the peak figure at $5,318 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -1.2% per year.

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

In 2022, purchases abroad of frozen carcasses and half-carcasses of bovine meat decreased by -55.9% to 822 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a dramatic contraction.

In value terms, imports of frozen carcasses and half-carcasses of bovine meat contracted dramatically to $3.2M in 2022. Overall, imports recorded a dramatic slump.

Import of Frozen Carcasses and Half-Carcasses of Bovine Meat in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/A7.93.2-59.5%
Argentina21.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total21.6N/A7.93.2-47.1%

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

  1. Russia (821.7 tons)

Source: IndexBox Market Intelligence Platform

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