Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Austria - 2023
Contents:
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Austria (FOB) - 2023
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Austria (CIF) - 2023
- Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Austria
- Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Austria
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Austria (FOB) - 2023
The average export price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $4,823 per ton in October 2023, shrinking by -13.9% against the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 11% against the previous month. Over the period under review, the average export prices hit record highs at $6,578 per ton in May 2023; however, from June 2023 to October 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In October 2023, the country with the highest price was Montenegro ($6,476 per ton), while the average price for exports to Bosnia and Herzegovina ($4,481 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Austria (CIF) - 2023
In August 2023, the average import price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat amounted to $5,020 per ton, leveling off at the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 11% against the previous month. Over the period under review, average import prices reached the peak figure at $5,417 per ton in December 2022; however, from January 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($7,847 per ton), while the price for the Czech Republic ($4,384 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Hungary (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Austria
In 2022, after two years of decline, there was growth in overseas shipments of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat, when their volume increased by 2.3% to 22K tons. In general, exports, however, faced a deep contraction.
In value terms, exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat expanded significantly to $128M in 2022. Over the period under review, exports, however, recorded a perceptible curtailment.
| Export of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 35.2 | 31.5 | 26.1 | 25.1 | -10.7% |
| Germany | 16.6 | 17.2 | 16.9 | 25.0 | 14.6% |
| Netherlands | 23.1 | 13.0 | 15.3 | 17.0 | -9.7% |
| Spain | 15.0 | 11.1 | 14.9 | 14.9 | -0.2% |
| Denmark | 5.5 | 6.0 | 8.1 | 9.1 | 18.3% |
| North Macedonia | 13.8 | 11.3 | 10.5 | 8.7 | -14.3% |
| Czech Republic | 4.7 | 5.8 | 5.9 | 8.5 | 21.8% |
| Others | 23.3 | 14.7 | 14.6 | 19.4 | -5.9% |
| Total | 137 | 111 | 112 | 128 | -2.2% |
Top Export Markets for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Austria in 2022:
- Germany (4.8K tons)
- Italy (4.0K tons)
- Netherlands (3.1K tons)
- Spain (2.0K tons)
- North Macedonia (1.9K tons)
- Czech Republic (1.7K tons)
- Denmark (1.5K tons)
Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Austria
In 2022, supplies from abroad of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat decreased by -9% to 12K tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 11% against the previous year. As a result, imports reached the peak of 18K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat expanded significantly to $62M in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 29.9 | 35.9 | 33.2 | 36.8 | 7.2% |
| Poland | 9.0 | 6.7 | 7.7 | 8.2 | -3.1% |
| Czech Republic | 3.1 | 3.4 | 3.3 | 5.9 | 23.9% |
| Netherlands | 4.5 | 3.8 | 3.6 | 5.1 | 4.3% |
| Hungary | 4.2 | 3.8 | 3.9 | 3.8 | -3.3% |
| France | 0.3 | 0.4 | 0.9 | 1.0 | 49.4% |
| Italy | 1.2 | 3.1 | 0.7 | 0.6 | -20.6% |
| Denmark | 3.7 | 1.5 | 0.2 | 0.1 | -70.0% |
| Others | 1.0 | 0.7 | 1.0 | 0.8 | -7.2% |
| Total | 56.7 | 59.4 | 54.6 | 62.3 | 3.2% |
Top Suppliers of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Austria in 2022:
- Germany (7.5K tons)
- Czech Republic (1.5K tons)
- Poland (1.5K tons)
- Hungary (0.9K tons)
- Netherlands (0.6K tons)
- Italy (0.2K tons)
- France (0.2K tons)
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