Price for Meat of Bovine Animals; Fresh or Chilled in Egypt - 2023
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Egypt (CIF) - 2022
- Price for Meat of Bovine Animals; Fresh or Chilled in Egypt (FOB) - 2022
- Imports of Meat of Bovine Animals; Fresh or Chilled in Egypt
- Exports of Meat of Bovine Animals; Fresh or Chilled in Egypt
Price for Meat of Bovine Animals; Fresh or Chilled in Egypt (CIF) - 2022
The average import price for meat of bovine animals; fresh or chilled stood at $6,668 per ton in 2022, with an increase of 13% against the previous year. Overall, the import price continues to indicate a perceptible expansion. The pace of growth appeared the most rapid in 2019 an increase of 35%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($9,958 per ton), while the price for Sudan ($6,214 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+61.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Bovine Animals; Fresh or Chilled in Egypt (FOB) - 2022
In 2022, the average export price for meat of bovine animals; fresh or chilled amounted to $6,547 per ton, jumping by 44% against the previous year. Overall, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 94% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Palestine ($9,818 per ton), while the average price for exports to Qatar ($2,699 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 Qatar (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Bovine Animals; Fresh or Chilled in Egypt
In 2022, overseas purchases of meat of bovine animals; fresh or chilled were finally on the rise to reach 3.2K tons after two years of decline. In general, imports, however, continue to indicate a dramatic downturn.
In value terms, imports of meat of bovine animals; fresh or chilled soared to $21M in 2022. Over the period under review, imports, however, showed a abrupt contraction.
| Import of Meat of Bovine Animals; Fresh or Chilled in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sudan | 25.5 | 14.0 | 12.2 | 17.3 | -12.1% |
| Australia | 1.2 | 1.2 | 1.9 | 2.2 | 22.4% |
| South Africa | 0.8 | 1.8 | 2.3 | 1.3 | 17.6% |
| Others | 0.1 | 0.2 | 1.7 | 0.5 | 71.0% |
| Total | 27.6 | 17.3 | 18.1 | 21.3 | -8.3% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Egypt in 2022:
- Sudan (2782.8 tons)
- Australia (223.0 tons)
- South Africa (134.4 tons)
Exports of Meat of Bovine Animals; Fresh or Chilled in Egypt
In 2022, shipments abroad of meat of bovine animals; fresh or chilled decreased by -7% to 82 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a dramatic descent. The growth pace was the most rapid in 2020 with an increase of 1.8% against the previous year. As a result, the exports reached the peak of 288 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of meat of bovine animals; fresh or chilled soared to $539K in 2022. Over the period under review, exports showed a abrupt contraction.
| Export of Meat of Bovine Animals; Fresh or Chilled in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palestine | N/A | N/A | N/A | 261 | 0% |
| Kuwait | 436 | 350 | 102 | 225 | -19.8% |
| Bahrain | 304 | 423 | 131 | 35.7 | -51.0% |
| Qatar | N/A | N/A | N/A | 11.8 | 0% |
| Oman | 120 | 45.7 | 124 | 4.7 | -66.0% |
| United Arab Emirates | 20.8 | 124 | 3.0 | N/A | -62.0% |
| Others | 10.4 | 14.9 | 43.6 | 0.4 | -66.2% |
| Total | 891 | 957 | 404 | 539 | -15.4% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Egypt in 2022:
- Kuwait (43.5 tons)
- Palestine (26.6 tons)
- Bahrain (6.9 tons)
- Qatar (4.4 tons)
- Oman (0.9 tons)
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