Price for Meat of Bovine Animals; Frozen in Bangladesh - 2022
Contents:
- Price for Meat of Bovine Animals; Frozen in Bangladesh (CIF) - 2022
- Price for Meat of Bovine Animals; Frozen in Bangladesh (FOB) - 2022
- Imports of Meat of Bovine Animals; Frozen in Bangladesh
- Exports of Meat of Bovine Animals; Frozen in Bangladesh
Price for Meat of Bovine Animals; Frozen in Bangladesh (CIF) - 2022
In 2022, the average import price for meat of bovine animals; frozen amounted to $2,935 per ton, with an increase of 7.8% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2015 when the average import price increased by 72% against the previous year. Over the period under review, average import prices attained the maximum at $7,138 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Australia ($18,881 per ton), while the price for India totaled $2,818 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.8%).
Price for Meat of Bovine Animals; Frozen in Bangladesh (FOB) - 2022
In 2022, the average export price for meat of bovine animals; frozen amounted to $3,128 per ton, surging by 3% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 31% against the previous year. Over the period under review, the average export prices hit record highs at $6,097 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
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 Maldives ($5,103 per ton), while the average price for exports to Kuwait ($2,029 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 Maldives (+4.4%), while the prices for the other major destinations experienced a decline.
Imports of Meat of Bovine Animals; Frozen in Bangladesh
Meat of bovine animals; frozen imports into Bangladesh fell to 7.3K tons in 2022, declining by -7.5% on the previous year's figure. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. As a result, imports attained the peak of 7.8K tons, and then contracted in the following year.
In value terms, meat of bovine animals; frozen imports shrank slightly to $21M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 12% against the previous year.
| Import of Meat of Bovine Animals; Frozen in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 12.5 | 14.5 | 17.6 | 20.4 | 17.7% |
| Others | 6.5 | 6.7 | 3.7 | 0.9 | -48.3% |
| Total | 19.0 | 21.3 | 21.4 | 21.3 | 3.9% |
Top Suppliers of Meat of Bovine Animals; Frozen to Bangladesh in 2022:
- India (7.2K tons)
Exports of Meat of Bovine Animals; Frozen in Bangladesh
Meat of bovine animals; frozen exports from Bangladesh fell markedly to 33 tons in 2022, which is down by -41.9% against the year before. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 527%. As a result, the exports reached the peak of 58 tons, and then contracted remarkably in the following year.
In value terms, meat of bovine animals; frozen exports reduced notably to $105K in 2022. Overall, exports showed a sharp downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 407%.
| Export of Meat of Bovine Animals; Frozen in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 240 | 30.0 | 158 | 90.6 | -27.7% |
| Maldives | 48.0 | 3.7 | 10.7 | 11.0 | -38.8% |
| Kuwait | 14.9 | 0.8 | 6.2 | 3.0 | -41.4% |
| Others | 1.2 | N/A | N/A | N/A | 0% |
| Total | 304 | 34.5 | 175 | 105 | -29.8% |
Top Export Markets for Meat of Bovine Animals; Frozen from Bangladesh in 2022:
- United Arab Emirates (29.8 tons)
- Maldives (2.2 tons)
- Kuwait (1.5 tons)
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