Price for Meat of Bovine Animals; Frozen in the Czech Republic - 2023
Contents:
- Price for Meat of Bovine Animals; Frozen in the Czech Republic (CIF) - 2023
- Price for Meat of Bovine Animals; Frozen in the Czech Republic (FOB) - 2023
- Imports of Meat of Bovine Animals; Frozen in the Czech Republic
- Exports of Meat of Bovine Animals; Frozen in the Czech Republic
Price for Meat of Bovine Animals; Frozen in the Czech Republic (CIF) - 2023
In July 2023, the average import price for meat of bovine animals; frozen amounted to $5,484 per ton, shrinking by -14.8% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 32% month-to-month. Over the period under review, average import prices attained the peak figure at $6,436 per ton in June 2023, and then dropped in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Poland ($8,742 per ton), while the price for Italy ($2,682 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Bovine Animals; Frozen in the Czech Republic (FOB) - 2023
In July 2023, the average export price for meat of bovine animals; frozen amounted to $6,721 per ton, growing by 1.7% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 17% m-o-m. Over the period under review, the average export prices hit record highs at $7,254 per ton in August 2022; however, from September 2022 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($18,404 per ton), while the average price for exports to Lithuania ($2,155 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+92.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Bovine Animals; Frozen in the Czech Republic
In 2022, imports of meat of bovine animals; frozen into the Czech Republic contracted modestly to 5.4K tons, almost unchanged from the previous year. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, imports attained the peak of 5.4K tons, leveling off in the following year.
In value terms, meat of bovine animals; frozen imports skyrocketed to $31M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Meat of Bovine Animals; Frozen in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 5.6 | 4.4 | 7.6 | 7.9 | 12.2% |
| Austria | 0.8 | 1.6 | 2.6 | 7.7 | 112.7% |
| Netherlands | 3.2 | 3.5 | 4.0 | 5.0 | 16.0% |
| Spain | 1.6 | 1.6 | 2.9 | 2.4 | 14.5% |
| Germany | 2.3 | 2.2 | 2.1 | 2.0 | -4.6% |
| Ireland | 1.3 | 1.5 | 1.3 | 1.9 | 13.5% |
| Belgium | 0.9 | 0.8 | 0.7 | 1.5 | 18.6% |
| Italy | 3.3 | 1.8 | 2.2 | 1.2 | -28.6% |
| Others | 2.3 | 1.0 | 1.2 | 1.1 | -21.8% |
| Total | 21.3 | 18.2 | 24.5 | 30.6 | 12.8% |
Top Suppliers of Meat of Bovine Animals; Frozen to the Czech Republic in 2022:
- Poland (1382.6 tons)
- Netherlands (1196.0 tons)
- Austria (1076.5 tons)
- Spain (396.8 tons)
- Germany (331.5 tons)
- Italy (295.9 tons)
- Belgium (280.5 tons)
- Ireland (200.3 tons)
Exports of Meat of Bovine Animals; Frozen in the Czech Republic
In 2022, shipments abroad of meat of bovine animals; frozen was finally on the rise to reach 1.1K tons after two years of decline. Over the period under review, exports, however, showed a deep slump.
In value terms, meat of bovine animals; frozen exports surged to $7.4M in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern.
| Export of Meat of Bovine Animals; Frozen in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2,384 | 1,806 | 1,718 | 3,689 | 15.7% |
| Slovakia | 1,874 | 1,461 | 1,474 | 2,439 | 9.2% |
| Hungary | 1,939 | 465 | 357 | 891 | -22.8% |
| Bulgaria | N/A | N/A | 26.2 | 217 | 728.2% |
| Germany | 686 | 125 | 97.2 | 101 | -47.2% |
| Denmark | 42.7 | 29.4 | 48.3 | 41.6 | -0.9% |
| Others | 637 | 56.9 | 143 | 26.9 | -65.2% |
| Total | 7,563 | 3,943 | 3,863 | 7,405 | -0.7% |
Top Export Markets for Meat of Bovine Animals; Frozen from the Czech Republic in 2022:
- Poland (563.9 tons)
- Slovakia (392.4 tons)
- Bulgaria (62.6 tons)
- Hungary (49.6 tons)
- Denmark (42.1 tons)
- Germany (6.9 tons)
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