Price for Meat of Bovine Animals; Fresh or Chilled in Azerbaijan - 2023
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Azerbaijan (CIF) - 2023
- Price for Meat of Bovine Animals; Fresh or Chilled in Azerbaijan (FOB) - 2022
- Imports of Meat of Bovine Animals; Fresh or Chilled in Azerbaijan
- Exports of Meat of Bovine Animals; Fresh or Chilled in Azerbaijan
Price for Meat of Bovine Animals; Fresh or Chilled in Azerbaijan (CIF) - 2023
The average import price for meat of bovine animals; fresh or chilled stood at $4,209 per ton in December 2023, growing by 14% against the previous month. In general, the import price, however, continues to indicate a slight decline. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 15% m-o-m. Over the period under review, average import prices hit record highs at $5,040 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Russia ($27,385 per ton), while the price for Belarus totaled $3,711 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belarus (-1.4%).
Price for Meat of Bovine Animals; Fresh or Chilled in Azerbaijan (FOB) - 2022
The average export price for meat of bovine animals; fresh or chilled stood at $10,018 per ton in 2022, growing by 21% against the previous year. Overall, the export price recorded resilient growth. The pace of growth was the most pronounced in 2014 when the average export price increased by 146%. The export price peaked in 2022 and is likely to see steady growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Qatar.
From 2013 to 2022, the rate of growth in terms of prices for Austria amounted to +436.4% per year.
Imports of Meat of Bovine Animals; Fresh or Chilled in Azerbaijan
In 2022, imports of meat of bovine animals; fresh or chilled into Azerbaijan reduced to 925 tons, shrinking by -5.2% compared with 2021. Overall, imports faced a deep reduction.
In value terms, imports of meat of bovine animals; fresh or chilled expanded rapidly to $4M in 2022. Over the period under review, imports recorded a perceptible curtailment.
| Import of Meat of Bovine Animals; Fresh or Chilled in Azerbaijan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 1.5 | 3.4 | 3.1 | 3.7 | 35.1% |
| Pakistan | 2.5 | N/A | N/A | N/A | 0% |
| Ukraine | N/A | 0.2 | 0.1 | N/A | -50.0% |
| Others | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Total | 4.3 | 3.9 | 3.5 | 4.0 | -2.4% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Azerbaijan in 2022:
- Belarus (911.9 tons)
Exports of Meat of Bovine Animals; Fresh or Chilled in Azerbaijan
In 2022, the amount of meat of bovine animals; fresh or chilled exported from Azerbaijan dropped dramatically to 800 kg, shrinking by -70.7% compared with 2021. Over the period under review, exports showed a sharp setback. The smallest decline of -45.9% was in 2021.
In value terms, exports of meat of bovine animals; fresh or chilled dropped remarkably to $8K in 2022. Overall, exports showed a significant decrease. The smallest decline of -40.5% was in 2021.
| Export of Meat of Bovine Animals; Fresh or Chilled in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Qatar | N/A | N/A | 8.0 | 0% | |
| United Arab Emirates | 26.4 | N/A | N/A | 0% | |
| United States | 11.7 | 22.6 | N/A | 93.2% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 38.0 | 22.6 | 8.0 | -54.1% | |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Azerbaijan in 2022:
- Qatar (800.0 kg)
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