Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Slovenia - 2023

Contents:

1. Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Slovenia (FOB) - 2023
2. Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Slovenia (CIF) - 2023
3. Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Slovenia
4. Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Slovenia

Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Slovenia (FOB) - 2023

In October 2023, the average export price for fresh or chilled carcasses and half-carcasses of bovine meat amounted to $5,640 per ton, flattening at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 11% month-to-month. As a result, the export price reached the peak level of $5,775 per ton. From May 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In October 2023, the country with the highest price was Montenegro ($6,276 per ton), while the average price for exports to Bosnia and Herzegovina ($5,507 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 the Netherlands (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Slovenia (CIF) - 2023

In August 2023, the average import price for fresh or chilled carcasses and half-carcasses of bovine meat amounted to $7,396 per ton, picking up by 14% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.7%. The growth pace was the most rapid in November 2022 when the average import price increased by 14% month-to-month. Over the period under review, average import prices attained the maximum at $7,520 per ton in May 2023; however, from June 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 Croatia ($9,253 per ton), while the price for Poland ($6,056 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 (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Slovenia

In 2022, overseas shipments of fresh or chilled carcasses and half-carcasses of bovine meat decreased by -9.9% to 4.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 47%. As a result, the exports attained the peak of 4.5K tons, and then shrank in the following year.

In value terms, exports of fresh or chilled carcasses and half-carcasses of bovine meat expanded rapidly to $19M in 2022. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 75%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat from Slovenia in 2022:

1. Bosnia and Herzegovina (1923.2 tons)
2. Netherlands (1126.7 tons)
3. North Macedonia (539.4 tons)
4. Hungary (127.9 tons)
5. Germany (107.6 tons)
6. Croatia (103.8 tons)
7. Italy (100.1 tons)

Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Slovenia

After two years of decline, overseas purchases of fresh or chilled carcasses and half-carcasses of bovine meat increased by 0.5% to 808 tons in 2022. In general, imports, however, saw a abrupt decrease.

In value terms, imports of fresh or chilled carcasses and half-carcasses of bovine meat skyrocketed to $4.5M in 2022. Overall, imports, however, recorded a drastic downturn.

Top Suppliers of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat to Slovenia in 2022:

1. Italy (658.8 tons)
2. Croatia (69.9 tons)
3. Poland (38.0 tons)
4. Austria (25.4 tons)
5. Lithuania (11.8 tons)

Source: IndexBox Market Intelligence Platform