Price for Meat of Bovine Animals; Frozen in Austria - 2023
Contents:
- Price for Meat of Bovine Animals; Frozen in Austria (FOB) - 2023
- Price for Meat of Bovine Animals; Frozen in Austria (CIF) - 2023
- Exports of Meat of Bovine Animals; Frozen in Austria
- Imports of Meat of Bovine Animals; Frozen in Austria
Price for Meat of Bovine Animals; Frozen in Austria (FOB) - 2023
The average export price for meat of bovine animals; frozen stood at $6,737 per ton in July 2023, therefore, remained relatively stable against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 4.7% month-to-month. The export price peaked at $6,752 per ton in June 2023, and then reduced modestly in the following month.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was the Czech Republic ($15,712 per ton), while the average price for exports to Italy ($5,008 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Meat of Bovine Animals; Frozen in Austria (CIF) - 2023
The average import price for meat of bovine animals; frozen stood at $7,216 per ton in June 2023, falling by -5.6% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 8.8% against the previous month. Over the period under review, average import prices attained the maximum at $7,902 per ton in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($13,047 per ton), while the price for the Czech Republic ($4,102 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.1%), while the prices for the other major suppliers experienced a decline.
Exports of Meat of Bovine Animals; Frozen in Austria
For the third consecutive year, Austria recorded decline in overseas shipments of meat of bovine animals; frozen, which decreased by -21.9% to 18K tons in 2022. Over the period under review, exports faced a abrupt slump. The smallest decline of -10.7% was in 2021.
In value terms, meat of bovine animals; frozen exports reached $124M in 2022. Overall, exports showed a noticeable curtailment.
| Export of Meat of Bovine Animals; Frozen in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 60.8 | 44.0 | 53.2 | 69.7 | 4.7% |
| Netherlands | 11.1 | 9.3 | 9.5 | 14.9 | 10.3% |
| Czech Republic | N/A | 0.4 | 2.9 | 9.4 | 384.8% |
| Poland | 0.5 | 0.7 | 4.7 | 7.3 | 144.4% |
| Finland | N/A | N/A | N/A | 5.2 | 0% |
| Bosnia and Herzegovina | 5.5 | 3.6 | 3.4 | 2.4 | -24.2% |
| Croatia | 12.8 | 11.1 | 6.1 | 1.8 | -48.0% |
| Italy | 1.2 | 0.8 | 1.3 | 1.4 | 5.3% |
| Switzerland | 5.0 | 7.2 | 8.3 | 0.8 | -45.7% |
| Hungary | 21.2 | 17.9 | 5.0 | 0.5 | -71.3% |
| France | 7.0 | 5.0 | 2.4 | 0.2 | -69.4% |
| Others | 8.7 | 18.6 | 18.6 | 10.0 | 4.8% |
| Total | 134 | 119 | 116 | 124 | -2.6% |
Top Export Markets for Meat of Bovine Animals; Frozen from Austria in 2022:
- France (undefinedK tons)
- Germany (9.7K tons)
- Netherlands (2.2K tons)
- Poland (1.3K tons)
- Czech Republic (1.2K tons)
- Finland (0.8K tons)
- Bosnia and Herzegovina (0.4K tons)
- Italy (0.3K tons)
- Croatia (0.2K tons)
- Hungary (0.1K tons)
- Switzerland (0.1K tons)
Imports of Meat of Bovine Animals; Frozen in Austria
In 2022, the amount of meat of bovine animals; frozen imported into Austria surged to 13K tons, with an increase of 44% against 2021 figures. Over the period under review, total imports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, meat of bovine animals; frozen imports soared to $103M in 2022. Overall, imports saw a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Meat of Bovine Animals; Frozen in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 26.2 | 24.1 | 31.4 | 79.3 | 44.7% |
| Poland | 9.9 | 3.7 | 4.5 | 10.8 | 2.9% |
| Netherlands | 9.1 | 7.6 | 9.1 | 9.6 | 1.8% |
| Italy | 1.1 | 0.6 | 0.4 | 1.4 | 8.4% |
| Hungary | 1.8 | 1.7 | 0.7 | 0.9 | -20.6% |
| Ireland | 1.6 | 0.6 | 1.4 | 0.6 | -27.9% |
| Others | 10.5 | 1.4 | 1.6 | 0.4 | -66.4% |
| Total | 60.1 | 39.6 | 49.0 | 103 | 19.7% |
Top Suppliers of Meat of Bovine Animals; Frozen to Austria in 2022:
- Germany (9.7K tons)
- Poland (2.0K tons)
- Netherlands (0.9K tons)
- Italy (0.2K tons)
- Ireland (0.1K tons)
- Hungary (0.1K tons)
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