Czech Republic: Preserved Beef Market 2024

Preserved Beef Market Size in the Czech Republic

The Czech preserved beef market declined to $X in 2022, with a decrease of X% against the previous year. In general, consumption showed a deep slump. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Preserved Beef Production in the Czech Republic

In value terms, preserved beef production declined modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

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Preserved Beef Exports

Exports from the Czech Republic

In 2022, the amount of beef and veal (salted, in brine, dried or smoked) exported from the Czech Republic skyrocketed to X tons, with an increase of X% on 2021 figures. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, preserved beef exports soared to $X in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Slovakia (X tons) was the main destination for preserved beef exports from the Czech Republic, accounting for a X% share of total exports. Moreover, preserved beef exports to Slovakia exceeded the volume sent to the second major destination, Norway (X tons), eightfold. France (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Slovakia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and France (X% per year).

In value terms, Slovakia ($X) remains the key foreign market for beef and veal (salted, in brine, dried or smoked) exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Norway, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Slovakia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Norway (X% per year).

Export Prices by Country

In 2022, the average preserved beef export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price, however, recorded a slight slump. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 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 Finland ($X per ton), while the average price for exports to Hungary ($X 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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Beef Imports

Imports into the Czech Republic

In 2022, purchases abroad of beef and veal (salted, in brine, dried or smoked) was finally on the rise to reach X tons after three years of decline. Overall, imports posted a modest increase. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, preserved beef imports skyrocketed to $X in 2022. Over the period under review, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of preserved beef to the Czech Republic, accounting for a X% share of total imports. Moreover, preserved beef imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) were the largest preserved beef suppliers to the Czech Republic, together comprising X% of total imports.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average preserved beef import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price recorded a remarkable increase. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 Germany ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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