Price for Meat of Bovine Animals; Fresh or Chilled in Bangladesh - 2022

Contents:

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

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

In 2022, the average export price for meat of bovine animals; fresh or chilled amounted to $7,835 per ton, growing by 18% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 69%. As a result, the export price attained the peak level of $10,221 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($20,277 per ton), while the average price for exports to the United Arab Emirates ($1,803 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 Austria (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for meat of bovine animals; fresh or chilled amounted to $3,305 per ton, declining by -35.7% against the previous year. Overall, the import price, however, posted measured growth. The pace of growth appeared the most rapid in 2015 an increase of 56%. The import price peaked at $7,979 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($13,591 per ton), while the price for India ($1,567 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+296.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After two years of decline, shipments abroad of meat of bovine animals; fresh or chilled increased by 141% to 3.4 tons in 2022. Over the period under review, exports, however, faced a dramatic contraction.

In value terms, exports of meat of bovine animals; fresh or chilled skyrocketed to $27K in 2022. In general, exports, however, showed a dramatic slump.

Export of Meat of Bovine Animals; Fresh or Chilled in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives73.618.24.011.1-46.8%
Saudi Arabia22.419.33.99.7-24.3%
AustriaN/AN/A0.52.0300.0%
United Arab Emirates1.60.90.20.8-20.6%
Kuwait3.31.40.30.6-43.3%
Others3.41.80.62.8-6.3%
Total10441.79.526.9-36.3%

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

  1. Maldives (1390.0 kg)
  2. Saudi Arabia (1334.0 kg)
  3. United Arab Emirates (421.0 kg)
  4. Austria (101.0 kg)
  5. Kuwait (85.0 kg)

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

In 2022, approx. 7.7 tons of meat of bovine animals; fresh or chilled were imported into Bangladesh; with an increase of 53% compared with the previous year's figure. Overall, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 280% against the previous year.

In value terms, imports of meat of bovine animals; fresh or chilled fell modestly to $25K in 2022. Over the period under review, imports, however, faced a precipitous decline. The pace of growth was the most pronounced in 2021 when imports increased by 201% against the previous year.

Import of Meat of Bovine Animals; Fresh or Chilled in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia20.14.611.88.1-26.1%
United States8.42.510.67.7-2.9%
IndiaN/AN/AN/A7.50%
Australia51.81.22.91.9-66.8%
Others1.50.20.40.2-48.9%
Total81.98.625.725.4-32.3%

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

  1. India (4.8 tons)
  2. United States (1.5 tons)
  3. Saudi Arabia (1.2 tons)
  4. Australia (0.1 tons)

Source: IndexBox Market Intelligence Platform

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