Price for Meat of Bovine Animals; Fresh or Chilled in France - 2023

Contents:

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

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

The average import price for meat of bovine animals; fresh or chilled stood at $7,384 per ton in 2022, rising by 2.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 14%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($8,148 per ton) and Italy ($7,950 per ton), while the price for the UK ($6,198 per ton) and Poland ($6,891 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for meat of bovine animals; fresh or chilled stood at $6,331 per ton in 2022, picking up by 8.1% against the previous year. Over the period under review, the export price continues to indicate a modest increase. The growth pace was the most rapid in 2019 an increase of 12% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Portugal ($7,140 per ton) and Germany ($6,912 per ton), while the average price for exports to the Netherlands ($5,326 per ton) and Greece ($5,490 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of meat of bovine animals; fresh or chilled imported into France soared to 204K tons, jumping by 23% on the year before. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of meat of bovine animals; fresh or chilled skyrocketed to $1.5B in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.6% 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 +64.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Meat of Bovine Animals; Fresh or Chilled in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands38632041352310.7%
United Kingdom62.752.411923956.2%
Ireland17015219423912.0%
Belgium163156160141-4.7%
Germany156108126139-3.8%
Spain41.038.750.271.820.5%
Poland33.729.948.058.820.4%
Italy44.234.347.553.26.4%
Others58.026.934.143.5-9.1%
Total1,1159181,1921,50910.6%

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

  1. Netherlands (64.2K tons)
  2. United Kingdom (38.5K tons)
  3. Ireland (34.0K tons)
  4. Belgium (19.8K tons)
  5. Germany (17.7K tons)
  6. Spain (10.4K tons)
  7. Poland (8.5K tons)
  8. Italy (6.7K tons)

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

In 2022, the amount of meat of bovine animals; fresh or chilled exported from France declined to 180K tons, approximately reflecting the previous year. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 4.6% against the previous year.

In value terms, exports of meat of bovine animals; fresh or chilled expanded notably to $1.1B in 2022. The total export value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 16%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Meat of Bovine Animals; Fresh or Chilled in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy357330348353-0.4%
Germany2172292522464.3%
Greece187169172178-1.6%
Netherlands32.035.185.616372.1%
Belgium71.368.399.095.310.2%
Others10888.7113107-0.3%
Total9729201,0691,1415.5%

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

  1. Italy (53.5K tons)
  2. Germany (35.5K tons)
  3. Greece (32.5K tons)
  4. Netherlands (30.5K tons)
  5. Belgium (15.4K tons)

Source: IndexBox Market Intelligence Platform

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