Price for Meat of Bovine Animals; Fresh or Chilled in Estonia - 2023
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Estonia (FOB) - 2022
- Price for Meat of Bovine Animals; Fresh or Chilled in Estonia (CIF) - 2022
- Exports of Meat of Bovine Animals; Fresh or Chilled in Estonia
- Imports of Meat of Bovine Animals; Fresh or Chilled in Estonia
Price for Meat of Bovine Animals; Fresh or Chilled in Estonia (FOB) - 2022
In 2022, the average export price for meat of bovine animals; fresh or chilled amounted to $4,737 per ton, rising by 3.2% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 17% against the previous year. Over the period under review, the average export prices hit record highs at $6,053 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($7,068 per ton), while the average price for exports to the Netherlands ($3,791 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 Germany (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat of Bovine Animals; Fresh or Chilled in Estonia (CIF) - 2022
In 2022, the average import price for meat of bovine animals; fresh or chilled amounted to $7,355 per ton, jumping by 25% against the previous year. Over the last decade, it increased at an average annual rate of +5.1%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 42%. As a result, import price reached the peak level of $8,076 per ton. From 2015 to 2022, the average import prices remained at a somewhat 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 Netherlands ($21,788 per ton), while the price for Latvia ($5,422 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Meat of Bovine Animals; Fresh or Chilled in Estonia
For the fourth year in a row, Estonia recorded growth in overseas shipments of meat of bovine animals; fresh or chilled, which increased by 9% to 2.2K tons in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 73%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of meat of bovine animals; fresh or chilled expanded rapidly to $10M in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Meat of Bovine Animals; Fresh or Chilled in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 0.9 | 2.8 | 4.8 | 130.9% |
| Finland | 1.0 | 1.2 | 2.5 | 2.2 | 30.1% |
| Latvia | 1.6 | 1.5 | 1.7 | 1.5 | -2.1% |
| Denmark | 1.0 | 0.8 | 0.7 | 0.7 | -11.2% |
| Germany | N/A | 0.7 | 1.1 | 0.6 | -7.4% |
| Sweden | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Others | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| Total | 3.9 | 5.3 | 9.2 | 10.4 | 38.7% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Estonia in 2022:
- Netherlands (1277.3 tons)
- Finland (404.4 tons)
- Latvia (253.1 tons)
- Denmark (111.2 tons)
- Germany (82.1 tons)
- Sweden (35.6 tons)
Imports of Meat of Bovine Animals; Fresh or Chilled in Estonia
Imports of meat of bovine animals; fresh or chilled into Estonia contracted to 1.2K tons in 2022, falling by -3.5% against the year before. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. As a result, imports attained the peak of 1.3K tons, and then dropped in the following year.
In value terms, imports of meat of bovine animals; fresh or chilled surged to $8.9M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 64% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Meat of Bovine Animals; Fresh or Chilled in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 97.6 | 560 | 1,290 | 2,980 | 212.6% |
| Poland | 1,888 | 1,739 | 2,133 | 1,994 | 1.8% |
| Lithuania | 1,177 | 885 | 2,009 | 1,407 | 6.1% |
| Netherlands | 296 | 841 | 1,024 | 1,319 | 64.6% |
| Finland | 32.5 | 341 | 513 | 729 | 182.0% |
| Germany | 169 | 22.8 | 200 | 334 | 25.5% |
| Others | 2,118 | 124 | 211 | 147 | -58.9% |
| Total | 5,779 | 4,513 | 7,380 | 8,911 | 15.5% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Estonia in 2022:
- Latvia (549.6 tons)
- Poland (276.8 tons)
- Lithuania (202.2 tons)
- Netherlands (60.5 tons)
- Finland (58.8 tons)
- Germany (56.7 tons)
647
This report provides an in-depth analysis of the beef market in Estonia.
469
This report provides an in-depth analysis of the meat and poultry market in Estonia.
577
This report provides an in-depth analysis of the meat market in Estonia.
91
This report provides an in-depth analysis of the fresh beef carcase market in Estonia.
4227
This report provides an in-depth analysis of the global beef market.
2158
This report provides an in-depth analysis of the global meat and poultry market.
2746
This report provides an in-depth analysis of the global meat market.
961
Global Beef Market Report 2019. This report provides an in-depth analysis of the global beef market.
744
This report provides an in-depth analysis of the global fresh beef carcase market.
543
Global Fresh Beef Cut Market Report 2018. This report provides an in-depth analysis of the global fresh beef cut market.
468
Explore the top import markets for beef, including China, the United States, South Korea, and more. Discover key statistics and figures from the IndexBox market intelligence platform.
697
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
1795
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
1310
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
3866
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
1647
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1971
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
1035
In 2015, the countries with the highest levels of production in 2015 were the United States (X thousand tons), Brazil (X thousand tons), China (X thousand tons), together accounting for X% of total output.
1254
France dominates in the global beef trade. In 2014, France exported X thousand tons of beef totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total beef exports in value terms
152
Discover the leading countries driving global meat and poultry imports, including key statistics and market insights.
