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

Contents:

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

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

The average export price for frozen carcasses and half-carcasses of bovine meat stood at $4,090 per ton in 2022, surging by 10% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 31% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,542 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($4,741 per ton), while the average price for exports to Spain ($3,419 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for frozen carcasses and half-carcasses of bovine meat amounted to $3,464 per ton, growing by 48% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 91%. The import price peaked at $6,994 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($17,333 per ton), while the price for Spain ($2,041 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of frozen carcasses and half-carcasses of bovine meat exported from Romania contracted markedly to 142 tons, reducing by -17.7% against 2021. Over the period under review, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 1,498% against the previous year. As a result, the exports attained the peak of 173 tons, and then declined rapidly in the following year.

In value terms, exports of frozen carcasses and half-carcasses of bovine meat dropped to $582K in 2022. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,406% against the previous year. As a result, the exports attained the peak of $642K, and then dropped in the following year.

Export of Frozen Carcasses and Half-Carcasses of Bovine Meat in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A617575-6.8%
Hungary29.67.6N/AN/A-74.3%
Sweden44.40.3N/AN/A-99.3%
Poland16913.910.7N/A-74.8%
Others17.620.914.07.1-26.1%
Total26142.664258230.6%

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

  1. Netherlands (140.5 tons)

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

After three years of growth, purchases abroad of frozen carcasses and half-carcasses of bovine meat decreased by -11.7% to 37 tons in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 136%. As a result, imports attained the peak of 42 tons, and then fell in the following year.

In value terms, imports of frozen carcasses and half-carcasses of bovine meat surged to $129K in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Frozen Carcasses and Half-Carcasses of Bovine Meat in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary2.8N/AN/A65.3185.7%
BulgariaN/AN/AN/A31.20%
Spain2.329.947.830.8137.5%
Netherlands10.628.417.01.0-54.5%
BelgiumN/AN/A29.30.4-98.6%
Italy36.6N/A4.50.1-86.0%
Germany17.0N/AN/A0.1-81.9%
PolandN/A11.90.2N/A-98.3%
Others2.70.1N/AN/A-96.3%
Total72.070.398.712921.5%

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

  1. Hungary (16.8 tons)
  2. Spain (15.1 tons)
  3. Bulgaria (5.0 tons)
  4. Belgium (0.2 tons)
  5. Netherlands (0.1 tons)

Source: IndexBox Market Intelligence Platform

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