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

Contents:

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

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

In 2022, the average import price for meat of bovine animals; fresh or chilled amounted to $6,032 per ton, surging by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($8,043 per ton), while the price for Spain ($5,357 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for meat of bovine animals; fresh or chilled amounted to $7,372 per ton, jumping by 15% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for meat of bovine animals; fresh or chilled increased by +140.0% against 2017 indices. The growth pace was the most rapid in 2018 when the average export price increased by 60%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($10,140 per ton), while the average price for exports to Bulgaria ($4,091 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 Albania (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 97K tons of meat of bovine animals; fresh or chilled were imported into Greece; with a decrease of -4.7% against the previous year. Overall, imports recorded a perceptible curtailment. The smallest decline of -0.9% was in 2021.

In value terms, imports of meat of bovine animals; fresh or chilled totaled $588M in 2022. The total import value increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 10% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Meat of Bovine Animals; Fresh or Chilled in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France186173173174-2.2%
Spain48.873.393.711131.5%
Netherlands87.184.295.91066.8%
Italy52.446.362.468.09.1%
Poland38.342.839.744.85.4%
Germany31.231.130.735.94.8%
Denmark15.916.616.818.75.6%
Others17.017.523.329.820.6%
Total4774855355887.2%

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

  1. France (31.4K tons)
  2. Spain (20.8K tons)
  3. Netherlands (13.1K tons)
  4. Italy (12.5K tons)
  5. Poland (7.2K tons)
  6. Germany (5.3K tons)
  7. Denmark (2.6K tons)

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

For the fourth year in a row, Greece recorded growth in shipments abroad of meat of bovine animals; fresh or chilled, which increased by 29% to 688 tons in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 37%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of meat of bovine animals; fresh or chilled soared to $5.1M in 2022. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Meat of Bovine Animals; Fresh or Chilled in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus6801,0721,6272,37651.7%
Albania35221549181932.5%
France45.9187179761155.0%
Bulgaria12153.428428533.1%
Italy46.631.856.215749.9%
Germany49.915620015545.9%
North Macedonia579416415151-36.1%
Netherlands60.63332.313831.6%
Others17037616622810.3%
Total2,1052,8413,4215,06934.0%

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

  1. Cyprus (296.3 tons)
  2. Albania (132.0 tons)
  3. France (102.4 tons)
  4. Bulgaria (69.6 tons)
  5. Netherlands (19.9 tons)
  6. Italy (18.9 tons)
  7. Germany (15.3 tons)
  8. North Macedonia (13.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Meat of bovine animals; fresh or chilled - Greece