Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Argentina - 2023
Contents:
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Argentina (FOB) - 2022
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Argentina (CIF) - 2022
- Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Argentina
- Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Argentina
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Argentina (FOB) - 2022
In 2022, the average export price for fresh or chilled boneless cuts of bovine meat amounted to $9,123 per ton, rising by 8% against the previous year. Overall, the export price, however, saw a slight descent. The pace of growth was the most pronounced in 2021 an increase of 15% against the previous year. The export price peaked at $10,747 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($11,539 per ton), while the average price for exports to China ($6,712 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 Israel (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Argentina (CIF) - 2022
In 2022, the average import price for fresh or chilled boneless cuts of bovine meat amounted to $13,075 per ton, almost unchanged from the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 109% against the previous year. The import price peaked at $13,181 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($19,532 per ton), while the price for Brazil ($6,419 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+5.3%), while the prices for the other major suppliers experienced a decline.
Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Argentina
In 2022, approx. 92K tons of fresh or chilled boneless cuts of bovine meat were exported from Argentina; surging by 2.7% compared with the previous year. In general, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled boneless cuts of bovine meat expanded remarkably to $842M in 2022. The total export value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 17%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Fresh or Chilled Boneless Cuts of Bovine Meat in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 152 | 117 | 218 | 251 | 18.2% |
| Chile | 104 | 112 | 208 | 171 | 18.0% |
| Netherlands | 84.0 | 63.1 | 115 | 167 | 25.7% |
| Israel | 28.8 | 39.8 | 49.2 | 71.2 | 35.2% |
| United States | 1.2 | 12.0 | 50.0 | 51.1 | 249.2% |
| Italy | 40.3 | 22.9 | 40.9 | 45.2 | 3.9% |
| Brazil | 13.1 | 9.4 | 14.1 | 18.1 | 11.4% |
| China | N/A | N/A | N/A | 14.9 | 0% |
| Others | 342 | 272 | 62.9 | 51.8 | -46.7% |
| Total | 765 | 648 | 758 | 842 | 3.2% |
Top Export Markets for Fresh or Chilled Boneless Cuts of Bovine Meat from Argentina in 2022:
- Chile (23.0K tons)
- Germany (23.0K tons)
- Netherlands (16.8K tons)
- Israel (9.8K tons)
- United States (7.3K tons)
- Italy (4.0K tons)
- China (2.2K tons)
- Brazil (1.6K tons)
Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Argentina
In 2022, supplies from abroad of fresh or chilled boneless cuts of bovine meat decreased by 0% to 70 tons, falling for the second year in a row after two years of growth. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 102% against the previous year. As a result, imports attained the peak of 191 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of fresh or chilled boneless cuts of bovine meat amounted to $915K in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 322% against the previous year. As a result, imports attained the peak of $1.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Fresh or Chilled Boneless Cuts of Bovine Meat in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.5 | 20.8 | N/A | 512 | 384.6% |
| United States | N/A | N/A | N/A | 262 | 0% |
| Brazil | 39.4 | 32.2 | N/A | 142 | 53.3% |
| Paraguay | 382 | 111 | N/A | N/A | -70.9% |
| Others | 7.8 | 1,666 | N/A | 0.4 | -62.8% |
| Total | 433 | 1,831 | N/A | 915 | 28.3% |
Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Argentina in 2022:
- Germany (26.2 tons)
- Brazil (22.1 tons)
- United States (21.7 tons)
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