Price for Meat of Bovine Animals; Fresh or Chilled in Iraq - 2022

Contents:

  1. Price for Meat of Bovine Animals; Fresh or Chilled in Iraq (CIF) - 2022
  2. Imports of Meat of Bovine Animals; Fresh or Chilled in Iraq

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

The average import price for meat of bovine animals; fresh or chilled stood at $8,534 per ton in 2022, surging by 22% against the previous year. Over the period under review, the import price enjoyed resilient growth. The pace of growth was the most pronounced in 2016 an increase of 75% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($14,145 per ton), while the price for Turkey ($2,793 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 (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of meat of bovine animals; fresh or chilled into Iraq surged to 64 tons, growing by 126% against the previous year. In general, imports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2020 when imports increased by 212% against the previous year. As a result, imports reached the peak of 235 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of meat of bovine animals; fresh or chilled skyrocketed to $547K in 2022. Overall, imports, however, saw a mild descent.

Import of Meat of Bovine Animals; Fresh or Chilled in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States248N/AN/A2763.6%
Turkey16914.530.678.0-22.7%
Netherlands79.468.640.364.0-6.9%
CanadaN/AN/AN/A53.10%
GermanyN/A34.750.046.415.6%
United Arab Emirates21.051.18.227.89.8%
KuwaitN/A1,187N/AN/A0%
Saudi Arabia51.7N/AN/AN/A0%
OthersN/A11.669.01.5-64.0%
Total5691,368198547-1.3%

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

  1. Turkey (27.9 tons)
  2. United States (21.0 tons)
  3. Netherlands (4.5 tons)
  4. Canada (4.3 tons)
  5. Germany (4.1 tons)
  6. United Arab Emirates (2.2 tons)

Source: IndexBox Market Intelligence Platform

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