Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania - 2023
Contents:
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania (CIF) - 2023
- Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania (FOB) - 2022
- Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania
- Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania (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 $6,116 per ton, picking up by 18% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.2%. Over the period under review, average import prices reached the maximum at $6,241 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 Ireland ($19,931 per ton), while the price for Hungary ($3,840 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 Italy (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania (FOB) - 2022
The average export price for fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $2,706 per ton in 2022, with a decrease of -15.2% against the previous year. Over the period under review, the export price showed a noticeable slump. The most prominent rate of growth was recorded in 2019 an increase of 78%. The export price peaked at $4,653 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($3,464 per ton), while the average price for exports to Italy ($1,930 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 Poland (+19.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania
In 2022, overseas purchases of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat increased by 3.3% to 1.4K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt curtailment.
In value terms, imports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat skyrocketed to $7.7M in 2022. The total import value increased at an average annual rate of +10.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded 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 Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 1,868 | 2,017 | 2,300 | 3,107 | 18.5% |
Netherlands | 1,149 | 768 | 1,201 | 1,480 | 8.8% |
Hungary | 1,397 | 1,754 | 1,174 | 987 | -10.9% |
Italy | 1,108 | 423 | 559 | 786 | -10.8% |
Austria | 0.1 | 25.6 | 46.9 | 443 | 1542.4% |
Germany | 155 | 170 | 335 | 214 | 11.4% |
Spain | 0.1 | 35.1 | 221 | 166 | 1084.0% |
Others | 86.0 | 332 | 222 | 497 | 79.5% |
Total | 5,763 | 5,525 | 6,058 | 7,680 | 10.0% |
Top Suppliers of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Romania in 2022:
- Poland (797.1 tons)
- Hungary (257.3 tons)
- Netherlands (120.3 tons)
- Italy (101.1 tons)
- Austria (64.8 tons)
- Spain (46.5 tons)
- Germany (14.8 tons)
Exports of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania
In 2022, shipments abroad of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat was finally on the rise to reach 221 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a precipitous decline.
In value terms, exports of fresh or chilled bone-in cuts (excluding carcasses and half-carcasses) of bovine meat skyrocketed to $598K in 2022. Overall, exports, however, continue to indicate a precipitous contraction.
Export of Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 301 | 615 | 212 | 214 | -10.7% |
Hungary | 1,781 | 91.3 | 79.3 | 102 | -61.5% |
Sweden | 0.8 | N/A | 6.0 | 82.3 | 368.6% |
Greece | 0.5 | 11.6 | 0.1 | 67.2 | 412.2% |
Poland | 15.2 | 16.5 | 21.4 | 28.5 | 23.3% |
Italy | 387 | 224 | 82.1 | 26.3 | -59.2% |
Netherlands | N/A | 0.2 | 2.6 | 23.2 | 977.0% |
Spain | 125 | 10.0 | 6.5 | 12.8 | -53.2% |
Denmark | 68.3 | 0.2 | N/A | N/A | -99.7% |
Others | 32.4 | 95.5 | 35.6 | 42.2 | 9.2% |
Total | 2,711 | 1,064 | 445 | 598 | -39.6% |
Top Export Markets for Fresh or Chilled Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat from Romania in 2022:
- Germany (86.7 tons)
- Hungary (34.8 tons)
- Greece (24.9 tons)
- Sweden (23.7 tons)
- Italy (13.6 tons)
- Netherlands (10.7 tons)
- Poland (9.9 tons)
- Spain (3.8 tons)
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