Price for Meat of Bovine Animals; Fresh or Chilled in Argentina - 2023

Contents:

  1. Price for Meat of Bovine Animals; Fresh or Chilled in Argentina (FOB) - 2022
  2. Price for Meat of Bovine Animals; Fresh or Chilled in Argentina (CIF) - 2022
  3. Exports of Meat of Bovine Animals; Fresh or Chilled in Argentina
  4. Imports of Meat of Bovine Animals; Fresh or Chilled in Argentina

Price for Meat of Bovine Animals; Fresh or Chilled in Argentina (FOB) - 2022

The average export price for meat of bovine animals; fresh or chilled stood at $9,123 per ton in 2022, increasing by 8% against the previous year. In general, the export price, however, showed a mild contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 15%. The export price peaked at $10,746 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($11,539 per ton), while the average price for exports to China ($6,712 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 Israel (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Meat of Bovine Animals; Fresh or Chilled in Argentina (CIF) - 2022

The average import price for meat of bovine animals; fresh or chilled stood at $12,482 per ton in 2022, leveling off at the previous year. Over the period under review, the import price recorded a resilient increase. The pace of growth appeared the most rapid in 2020 an increase of 110%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Germany ($32,757 per ton), while the price for the United States ($4,985 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Meat of Bovine Animals; Fresh or Chilled in Argentina

Exports of meat of bovine animals; fresh or chilled from Argentina expanded slightly to 92K tons in 2022, increasing by 2.8% on 2021. In general, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of meat of bovine animals; fresh or chilled expanded rapidly to $842M in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Meat of Bovine Animals; Fresh or Chilled in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2481822172510.4%
Chile1691752071710.4%
Netherlands13798.31141676.8%
Israel46.961.949.071.214.9%
United States2.018.749.851.1194.5%
Italy65.635.740.745.2-11.7%
Brazil21.414.714.018.1-5.4%
China1.98.22.914.998.7%
Others74.453.962.651.9-11.3%
Total7656487588423.2%

Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Argentina in 2022:

  1. Chile (23.0K tons)
  2. Germany (23.0K tons)
  3. Netherlands (16.8K tons)
  4. Israel (9.8K tons)
  5. United States (7.3K tons)
  6. Italy (4.0K tons)
  7. China (2.2K tons)
  8. Brazil (1.6K tons)

Imports of Meat of Bovine Animals; Fresh or Chilled in Argentina

In 2022, purchases abroad of meat of bovine animals; fresh or chilled decreased by 0% to 148 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded strong growth. The growth pace was the most rapid in 2020 when imports increased by 101%. As a result, imports attained the peak of 191 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of meat of bovine animals; fresh or chilled totaled $1.9M in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 322%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Meat of Bovine Animals; Fresh or Chilled in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay28.338.7N/A738196.5%
Germany4.920.6N/A552383.0%
United States31.337.2N/A374128.6%
Brazil40.130.9N/A18867.4%
Paraguay326107N/AN/A-67.2%
Others2.21,597N/A0.4-43.3%
Total4331,831N/A1,85262.3%

Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Argentina in 2022:

  1. United States (75.0 tons)
  2. Brazil (29.8 tons)
  3. Uruguay (26.8 tons)
  4. Germany (16.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Meat of bovine animals; fresh or chilled - Argentina