Global Preserved Cows Meat Market 2024

Preserved Cows Meat Market Size

The global preserved cows meat market totaled $X in 2022, remaining relatively unchanged against the previous year. In general, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Global consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Preserved Cows Meat Production

In value terms, preserved cows meat production stood at $X in 2022 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, global production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Preserved Cows Meat Exports

Exports

In 2022, overseas shipments of prepared or preserved meat or offal of bovine animals increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, preserved cows meat exports rose remarkably to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, Brazil (X tons), distantly followed by Ireland (X tons), Germany (X tons), Poland (X tons), the United States (X tons) and Argentina (X tons) were the main exporters of prepared or preserved meat or offal of bovine animals, together achieving X% of total exports. France (X tons), Belgium (X tons), Italy (X tons), New Zealand (X tons), Sweden (X tons), Jordan (X tons) and the Netherlands (X tons) held a relatively small share of total exports.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of prepared or preserved meat or offal of bovine animals. At the same time, Poland (X%), Sweden (X%) and France (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Italy, Germany and the United States experienced a relatively flat trend pattern. By contrast, Jordan (X%), New Zealand (X%), Argentina (X%), Belgium (X%), Ireland (X%) and the Netherlands (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest preserved cows meat supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by the United States ($X), with an X% share of global exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil stood at X%. In the other countries, the average annual rates were as follows: the United States (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average preserved cows meat export price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Argentina ($X per ton) was amongst the lowest.

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

Preserved Cows Meat Imports

Imports

Global preserved cows meat imports expanded sharply to X tons in 2022, surging by X% compared with the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of global imports remained at a somewhat lower figure.

In value terms, preserved cows meat imports expanded notably to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X tons), followed by the UK (X tons), Canada (X tons), Germany (X tons), Hong Kong SAR (X tons) and France (X tons) represented the largest importers of prepared or preserved meat or offal of bovine animals, together mixing up X% of total imports. The Netherlands (X tons), Belgium (X tons), Japan (X tons), Sweden (X tons), Australia (X tons), Denmark (X tons) and Italy (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the United States (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X) constitutes the largest market for imported prepared or preserved meat or offal of bovine animals worldwide, comprising X% of global imports. The second position in the ranking was held by the UK ($X), with an X% share of global imports. It was followed by Canada, with a X% share.

In the United States, preserved cows meat imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the UK (X% per year) and Canada (X% per year).

Import Prices by Country

The average preserved cows meat import price stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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