Price for Meat of Bovine Animals; Fresh or Chilled in Belgium - 2023
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Belgium (FOB) - 2022
- Price for Meat of Bovine Animals; Fresh or Chilled in Belgium (CIF) - 2022
- Exports of Meat of Bovine Animals; Fresh or Chilled in Belgium
- Imports of Meat of Bovine Animals; Fresh or Chilled in Belgium
Price for Meat of Bovine Animals; Fresh or Chilled in Belgium (FOB) - 2022
The average export price for meat of bovine animals; fresh or chilled stood at $6,517 per ton in 2022, rising by 9.2% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 9.6%. The export price peaked at $7,063 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 Spain ($10,470 per ton), while the average price for exports to the Netherlands ($5,739 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 Spain (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat of Bovine Animals; Fresh or Chilled in Belgium (CIF) - 2022
In 2022, the average import price for meat of bovine animals; fresh or chilled amounted to $7,505 per ton, increasing by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. Over the period under review, average import prices reached the peak figure at $7,883 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 the UK ($12,183 per ton), while the price for Italy ($5,708 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 (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Meat of Bovine Animals; Fresh or Chilled in Belgium
Exports of meat of bovine animals; fresh or chilled from Belgium contracted to 106K tons in 2022, shrinking by -8% compared with the previous year. Over the period under review, exports showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 7.9% against the previous year.
In value terms, exports of meat of bovine animals; fresh or chilled reached $692M in 2022. The total export value increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Meat of Bovine Animals; Fresh or Chilled in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 186 | 192 | 207 | 196 | 1.8% |
| Netherlands | 154 | 132 | 174 | 181 | 5.5% |
| Germany | 103 | 102 | 118 | 136 | 9.7% |
| Italy | 68.5 | 67.8 | 85.9 | 70.8 | 1.1% |
| Luxembourg | 33.2 | 30.5 | 33.4 | 35.1 | 1.9% |
| Spain | 21.3 | 16.1 | 20.1 | 19.1 | -3.6% |
| Portugal | 12.5 | 11.9 | 14.2 | 13.4 | 2.3% |
| Others | 34.6 | 30.8 | 35.8 | 40.1 | 5.0% |
| Total | 613 | 583 | 689 | 692 | 4.1% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Belgium in 2022:
- Netherlands (31.5K tons)
- France (29.8K tons)
- Germany (21.2K tons)
- Italy (10.3K tons)
- Luxembourg (3.7K tons)
- Portugal (1.8K tons)
- Spain (1.8K tons)
Imports of Meat of Bovine Animals; Fresh or Chilled in Belgium
In 2022, supplies from abroad of meat of bovine animals; fresh or chilled decreased by -10% to 46K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a slight downturn. The most prominent rate of growth was recorded in 2020 with an increase of 3.6%.
In value terms, imports of meat of bovine animals; fresh or chilled reached $342M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 17%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Meat of Bovine Animals; Fresh or Chilled in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 73.9 | 74.0 | 82.7 | 110 | 14.2% |
| Ireland | 57.1 | 53.5 | 72.0 | 75.3 | 9.7% |
| France | 67.7 | 71.4 | 79.8 | 69.7 | 1.0% |
| Spain | 12.8 | 14.3 | 16.2 | 22.4 | 20.5% |
| Poland | 10.0 | 12.0 | 16.7 | 14.7 | 13.7% |
| Italy | 8.2 | 7.3 | 11.9 | 11.9 | 13.2% |
| Germany | 7.4 | 8.0 | 7.4 | 6.4 | -4.7% |
| United Kingdom | 20.2 | 15.1 | 0.9 | 0.8 | -65.9% |
| Others | 13.1 | 23.8 | 37.9 | 30.9 | 33.1% |
| Total | 270 | 279 | 325 | 342 | 8.2% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Belgium in 2022:
- Netherlands (15.1K tons)
- France (11.9K tons)
- Ireland (6.7K tons)
- Spain (3.9K tons)
- Poland (2.4K tons)
- Italy (2.1K tons)
- Germany (1.0K tons)
- United Kingdom (0.1K tons)
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