Price for Meat of Bovine Animals; Frozen in Slovenia - 2023
Contents:
- Price for Meat of Bovine Animals; Frozen in Slovenia (CIF) - 2023
- Price for Meat of Bovine Animals; Frozen in Slovenia (FOB) - 2022
- Imports of Meat of Bovine Animals; Frozen in Slovenia
- Exports of Meat of Bovine Animals; Frozen in Slovenia
Price for Meat of Bovine Animals; Frozen in Slovenia (CIF) - 2023
The average import price for meat of bovine animals; frozen stood at $8,160 per ton in September 2023, shrinking by -12.3% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 53% against the previous month. Over the period under review, average import prices hit record highs at $10,516 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($33,526 per ton), while the price for Lithuania ($5,917 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Bovine Animals; Frozen in Slovenia (FOB) - 2022
In 2022, the average export price for meat of bovine animals; frozen amounted to $6,283 per ton, increasing by 38% against the previous year. Over the period under review, the export price enjoyed a moderate expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 82%. The export price peaked at $9,046 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($12,700 per ton), while the average price for exports to the Philippines ($2,489 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 Serbia (+65.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Bovine Animals; Frozen in Slovenia
In 2022, the amount of meat of bovine animals; frozen imported into Slovenia reduced modestly to 2.5K tons, flattening at 2021 figures. In general, total imports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 73%. As a result, imports reached the peak of 2.5K tons, leveling off in the following year.
In value terms, meat of bovine animals; frozen imports surged to $20M in 2022. Over the period under review, imports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 57% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Meat of Bovine Animals; Frozen in Slovenia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 0.4 | 3.2 | 4.6 | 6.7 | 155.9% |
| Italy | 1.2 | 2.6 | 4.9 | 5.0 | 60.9% |
| Poland | 1.6 | 1.0 | 1.2 | 2.5 | 16.0% |
| Netherlands | 0.6 | 0.9 | 1.1 | 1.8 | 44.2% |
| Germany | 1.3 | 0.8 | 1.7 | 1.6 | 7.2% |
| Spain | 0.3 | 0.4 | 0.5 | 0.6 | 26.0% |
| Austria | 4.2 | 0.5 | 0.7 | 0.3 | -58.5% |
| Hungary | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| Brazil | 1.4 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.3 | 0.5 | 0.9 | -3.5% |
| Total | 12.0 | 9.7 | 15.3 | 19.6 | 17.8% |
Top Suppliers of Meat of Bovine Animals; Frozen to Slovenia in 2022:
- Croatia (839.5 tons)
- Italy (622.6 tons)
- Poland (281.2 tons)
- Germany (274.4 tons)
- Netherlands (140.5 tons)
- Spain (75.3 tons)
- Hungary (68.3 tons)
- Austria (41.5 tons)
Exports of Meat of Bovine Animals; Frozen in Slovenia
Meat of bovine animals; frozen exports from Slovenia rose modestly to 703 tons in 2022, growing by 3.6% against the previous year. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 152% against the previous year. As a result, the exports reached the peak of 772 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, meat of bovine animals; frozen exports skyrocketed to $4.4M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 63%. As a result, the exports attained the peak of $4.5M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Meat of Bovine Animals; Frozen in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 2,218 | 2,178 | 458 | 1,595 | -10.4% |
| Bosnia and Herzegovina | 257 | 887 | 1,384 | 1,146 | 64.6% |
| North Macedonia | 81.6 | 237 | 251 | 476 | 80.0% |
| Philippines | N/A | 612 | 605 | 355 | -23.8% |
| Serbia | N/A | 95.7 | 61.5 | 247 | 60.7% |
| Austria | 38.0 | 43.2 | 85.8 | 158 | 60.8% |
| South Korea | N/A | N/A | N/A | 67.9 | 0% |
| Others | 181 | 471 | 252 | 376 | 27.6% |
| Total | 2,775 | 4,524 | 3,098 | 4,420 | 16.8% |
Top Export Markets for Meat of Bovine Animals; Frozen from Slovenia in 2022:
- Bosnia and Herzegovina (188.6 tons)
- North Macedonia (154.9 tons)
- Philippines (142.6 tons)
- Croatia (133.1 tons)
- Serbia (23.1 tons)
- South Korea (21.9 tons)
- Austria (15.5 tons)
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