Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Nigeria - 2022
Contents:
- Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Nigeria (CIF) - 2022
- Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Nigeria
Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Nigeria (CIF) - 2022
The average import price for frozen carcasses and half-carcasses of bovine meat stood at $11,237 per ton in 2022, increasing by 135% against the previous year. In general, the import price posted pronounced growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($5,008 per ton), while the price for France totaled $4,095 per ton.
From 2019 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-1.8%).
Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Nigeria
In 2022, the amount of frozen carcasses and half-carcasses of bovine meat imported into Nigeria stood at 574 kg, remaining constant against the previous year's figure. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 1,069%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of frozen carcasses and half-carcasses of bovine meat skyrocketed to $6.5K in 2022. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 542% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Frozen Carcasses and Half-Carcasses of Bovine Meat in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 941 | N/A | 2,365 | 1,282 | 10.9% |
| France | 101 | N/A | 370 | 86.0 | -5.2% |
| Germany | 110 | N/A | N/A | N/A | 0% |
| United States | 220 | N/A | N/A | N/A | 0% |
| Others | N/A | 426 | N/A | 5,082 | 245.4% |
| Total | 1,372 | 426 | 2,735 | 6,450 | 67.5% |
Top Suppliers of Frozen Carcasses and Half-Carcasses of Bovine Meat to Nigeria in 2022:
- South Africa (256.0 kg)
- France (21.0 kg)
1753
This report provides an in-depth analysis of the beef market in Nigeria.
624
This report provides an in-depth analysis of the beef market in Nigeria.
4205
This report provides an in-depth analysis of the global beef market.
957
Global Beef Market Report 2019. This report provides an in-depth analysis of the global beef market.
344
This report provides an in-depth analysis of the frozen beef carcase market in Nigeria.
496
Global Frozen Beef Carcase Market Report 2018. This report provides an in-depth analysis of the global frozen beef carcase market.
461
Explore the top import markets for beef, including China, the United States, South Korea, and more. Discover key statistics and figures from the IndexBox market intelligence platform.
696
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
1789
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
1306
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
3859
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
1640
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1970
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
1028
In 2015, the countries with the highest levels of production in 2015 were the United States (X thousand tons), Brazil (X thousand tons), China (X thousand tons), together accounting for X% of total output.
1250
France dominates in the global beef trade. In 2014, France exported X thousand tons of beef totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total beef exports in value terms
