Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina - 2022
Contents:
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina (FOB) - 2022
- Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina (FOB) - 2022
The average export price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $9,253 per ton in 2022, which is down by -24.3% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 56% against the previous year. The export price peaked at $21,106 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +4.6% per year.
Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina
Exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat from Argentina dropped sharply to 10 tons in 2022, declining by -90% against 2021. Over the period under review, exports showed a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 125% against the previous year. As a result, the exports attained the peak of 102 tons, and then declined rapidly in the following year.
In value terms, exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat declined rapidly to $94K in 2022. Overall, exports saw a sharp reduction. The pace of growth was the most pronounced in 2021 when exports increased by 251% against the previous year. As a result, the exports attained the peak of $1.2M, and then declined remarkably in the following year.
Export of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 9.7 | 52.7 | 157 | 94.4 | 113.5% |
Hong Kong SAR | 90.2 | 45.0 | 59.1 | N/A | -19.1% |
Switzerland | 18.3 | 6.7 | 48.5 | N/A | 62.8% |
Germany | 12.2 | 33.7 | 13.0 | N/A | 3.2% |
United Kingdom | N/A | N/A | 131 | N/A | 0% |
Luxembourg | 26.9 | 17.4 | 43.3 | N/A | 26.9% |
Mali | 32.7 | N/A | N/A | N/A | 0% |
Poland | 54.4 | 50.5 | 69.2 | N/A | 12.8% |
United Arab Emirates | 49.9 | 20.7 | 8.5 | N/A | -58.7% |
United States | 41.1 | 87.8 | 345 | N/A | 189.7% |
Brazil | 58.9 | 2.7 | 9.1 | N/A | -60.7% |
Others | 50.3 | 38.4 | 365 | N/A | 169.4% |
Total | 445 | 356 | 1,249 | 94.4 | -40.4% |
Top Export Markets for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Argentina in 2022:
- Singapore (10.2 tons)
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