Price for Meat of Bovine Animals; Fresh or Chilled in Luxembourg - 2023
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Luxembourg (CIF) - 2022
- Price for Meat of Bovine Animals; Fresh or Chilled in Luxembourg (FOB) - 2022
- Imports of Meat of Bovine Animals; Fresh or Chilled in Luxembourg
- Exports of Meat of Bovine Animals; Fresh or Chilled in Luxembourg
Price for Meat of Bovine Animals; Fresh or Chilled in Luxembourg (CIF) - 2022
In 2022, the average import price for meat of bovine animals; fresh or chilled amounted to $11,411 per ton, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth was the most pronounced in 2021 an increase of 14% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Ireland ($14,032 per ton) and Germany ($13,440 per ton), while the price for the Netherlands ($9,723 per ton) and Belgium ($10,664 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Bovine Animals; Fresh or Chilled in Luxembourg (FOB) - 2022
The average export price for meat of bovine animals; fresh or chilled stood at $10,116 per ton in 2022, with an increase of 28% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 +54.9% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($14,741 per ton), while the average price for exports to the Netherlands ($1,259 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 France (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Meat of Bovine Animals; Fresh or Chilled in Luxembourg
In 2022, approx. 6.2K tons of meat of bovine animals; fresh or chilled were imported into Luxembourg; surging by 7.4% compared with the year before. Overall, imports, however, showed a relatively flat trend pattern.
In value terms, imports of meat of bovine animals; fresh or chilled rose notably to $70M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Meat of Bovine Animals; Fresh or Chilled in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 27.9 | 27.9 | 31.8 | 33.0 | 5.8% |
| France | 12.3 | 10.9 | 12.4 | 13.7 | 3.7% |
| Netherlands | 4.1 | 5.6 | 7.6 | 8.2 | 26.0% |
| Ireland | 2.5 | 4.1 | 5.4 | 7.3 | 42.9% |
| Germany | 3.7 | 4.3 | 5.1 | 5.6 | 14.8% |
| Others | 10.5 | 2.3 | 2.9 | 2.4 | -38.9% |
| Total | 61.1 | 55.2 | 65.2 | 70.3 | 4.8% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Luxembourg in 2022:
- Belgium (3.1K tons)
- France (1.1K tons)
- Netherlands (0.8K tons)
- Ireland (0.5K tons)
- Germany (0.4K tons)
Exports of Meat of Bovine Animals; Fresh or Chilled in Luxembourg
For the third consecutive year, Luxembourg recorded decline in overseas shipments of meat of bovine animals; fresh or chilled, which decreased by -11% to 1.9K tons in 2022. In general, exports continue to indicate a abrupt slump. The smallest decline of -6.1% was in 2021.
In value terms, exports of meat of bovine animals; fresh or chilled expanded remarkably to $19M in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Meat of Bovine Animals; Fresh or Chilled in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.6 | 5.1 | 6.2 | 7.2 | 2.9% |
| Belgium | 3.8 | 4.1 | 4.8 | 6.4 | 19.0% |
| Germany | 5.6 | 5.1 | 5.4 | 5.1 | -3.1% |
| Netherlands | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Total | 16.4 | 14.6 | 16.6 | 18.9 | 4.8% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Luxembourg in 2022:
- Germany (643.0 tons)
- Belgium (630.7 tons)
- France (487.4 tons)
- Netherlands (103.7 tons)
667
This report provides an in-depth analysis of the beef market in Luxembourg.
626
This report provides an in-depth analysis of the meat and poultry market in Luxembourg.
899
This report provides an in-depth analysis of the meat market in Luxembourg.
326
This report provides an in-depth analysis of the fresh beef carcase market in Luxembourg.
4251
This report provides an in-depth analysis of the global beef market.
2171
This report provides an in-depth analysis of the global meat and poultry market.
2766
This report provides an in-depth analysis of the global meat market.
971
Global Beef Market Report 2019. This report provides an in-depth analysis of the global beef market.
756
This report provides an in-depth analysis of the global fresh beef carcase market.
554
Global Fresh Beef Cut Market Report 2018. This report provides an in-depth analysis of the global fresh beef cut market.
510
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.
725
The global beef market stood at $379.4B in 2021, approximately mirroring the previous year. This figure reflects the...
1818
The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% against the previous year. This figure...
1327
Global beef market remained relatively stable, rising from X tons in 2007, to X tons in 2016.
3901
Global beef consumption amounted to X thousand tons in 2015, standing approx. at the previous year level.
1681
Global beef exports amounted to X thousand tons in 2015, going up by +X% against the previous year level.
1987
Global beef imports amounted to X thousand tons in 2015, standing approx. at the previous year level.
1055
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.
1263
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
173
Discover the leading countries driving global meat and poultry imports, including key statistics and market insights.
