Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Peru - 2022
Contents:
- Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Peru (CIF) - 2022
- Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Peru
Price for Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Peru (CIF) - 2022
The average import price for frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat stood at $11,766 per ton in 2022, with an increase of 115% against the previous year. Overall, the import price enjoyed a perceptible increase. The import price peaked at $12,946 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +7.4% per year.
Imports of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Peru
After three years of growth, overseas purchases of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat decreased by -57.5% to 182 tons in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 156% against the previous year. As a result, imports reached the peak of 427 tons, and then contracted significantly in the following year.
In value terms, imports of frozen bone-in cuts (excluding carcasses and half-carcasses) of bovine meat dropped to $2.1M in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 162%. As a result, imports attained the peak of $2.3M, and then shrank in the following year.
| Import of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,401 | 946 | 2,152 | 2,249 | 17.1% |
| Colombia | 32.1 | 33.0 | 36.6 | N/A | 6.8% |
| Panama | N/A | N/A | 30.9 | N/A | 0% |
| Brazil | N/A | 14.5 | N/A | N/A | 0% |
| Others | -324.1 | -105.1 | 110 | -113.1 | -29.6% |
| Total | 1,109 | 889 | 2,330 | 2,136 | 24.4% |
Top Suppliers of Frozen Bone-in Cuts (Excluding Carcasses and Half-Carcasses) of Bovine Meat to Peru in 2022:
- United States (134.7 tons)
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