Price for Frozen Boneless Cuts of Bovine Meat in Slovakia - 2023

Contents:

1. Price for Frozen Boneless Cuts of Bovine Meat in Slovakia (CIF) - 2023
2. Price for Frozen Boneless Cuts of Bovine Meat in Slovakia (FOB) - 2022
3. Imports of Frozen Boneless Cuts of Bovine Meat in Slovakia
4. Exports of Frozen Boneless Cuts of Bovine Meat in Slovakia

Price for Frozen Boneless Cuts of Bovine Meat in Slovakia (CIF) - 2023

The average import price for frozen boneless cuts of bovine meat stood at $6,051 per ton in August 2023, falling by -13.2% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 29% m-o-m. The import price peaked at $7,417 per ton in February 2023; however, from March 2023 to August 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($13,184 per ton), while the price for Germany ($3,948 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 Belgium (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Boneless Cuts of Bovine Meat in Slovakia (FOB) - 2022

The average export price for frozen boneless cuts of bovine meat stood at $3,827 per ton in 2022, picking up by 9.2% against the previous year. Over the period under review, the export price, however, showed a noticeable setback. The growth pace was the most rapid in 2019 when the average export price increased by 50% against the previous year. The export price peaked at $5,322 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 Hungary ($5,350 per ton), while the average price for exports to Poland ($2,176 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 Hungary (+6.0%), while the prices for the other major destinations experienced a decline.

Imports of Frozen Boneless Cuts of Bovine Meat in Slovakia

For the fourth year in a row, Slovakia recorded growth in overseas purchases of frozen boneless cuts of bovine meat, which increased by 57% to 2.3K tons in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of frozen boneless cuts of bovine meat skyrocketed to $11M in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Frozen Boneless Cuts of Bovine Meat to Slovakia in 2022:

1. Poland (884.5 tons)
2. Czech Republic (410.3 tons)
3. Hungary (264.7 tons)
4. Spain (256.0 tons)
5. Germany (243.5 tons)
6. Austria (97.7 tons)
7. Italy (62.6 tons)
8. Netherlands (57.8 tons)

Exports of Frozen Boneless Cuts of Bovine Meat in Slovakia

Exports of frozen boneless cuts of bovine meat from Slovakia surged to 98 tons in 2022, jumping by 67% on 2021. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of frozen boneless cuts of bovine meat skyrocketed to $374K in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Frozen Boneless Cuts of Bovine Meat from Slovakia in 2022:

1. Czech Republic (61.6 tons)
2. Hungary (33.8 tons)
3. Poland (2.3 tons)

Source: IndexBox Market Intelligence Platform