Price for Meat of Bovine Animals; Frozen in Uzbekistan - 2023
Contents:
- Price for Meat of Bovine Animals; Frozen in Uzbekistan (CIF) - 2023
- Imports of Meat of Bovine Animals; Frozen in Uzbekistan
Price for Meat of Bovine Animals; Frozen in Uzbekistan (CIF) - 2023
In May 2023, the average import price for meat of bovine animals; frozen amounted to $3,722 per ton, which is down by -4.5% against the previous month. Over the period under review, the import price recorded a slight descent. The growth pace was the most rapid in April 2023 when the average import price increased by 11% month-to-month. Over the period under review, average import prices hit record highs at $4,673 per ton in August 2022; however, from September 2022 to May 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Kazakhstan ($7,252 per ton), while the price for Ukraine ($3,300 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Pakistan (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Meat of Bovine Animals; Frozen in Uzbekistan
Meat of bovine animals; frozen imports into Uzbekistan skyrocketed to 14K tons in 2022, with an increase of 96% compared with the previous year's figure. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 562% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, meat of bovine animals; frozen imports surged to $63M in 2022. In general, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 649%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
Import of Meat of Bovine Animals; Frozen in Uzbekistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 0.9 | 17.6 | 15.0 | 26.6 | 209.2% |
India | 0.8 | 0.9 | 1.9 | 9.6 | 128.9% |
Russia | N/A | 1.9 | 7.5 | 8.9 | 116.4% |
Brazil | N/A | N/A | N/A | 7.0 | 0% |
Ukraine | 1.5 | 6.6 | 9.4 | 5.7 | 56.0% |
Pakistan | N/A | 0.1 | N/A | 3.4 | 483.1% |
Others | 0.6 | 1.2 | 2.4 | 1.5 | 35.7% |
Total | 3.8 | 28.3 | 36.3 | 62.7 | 154.6% |
Top Suppliers of Meat of Bovine Animals; Frozen to Uzbekistan in 2022:
- Belarus (6.0K tons)
- India (2.8K tons)
- Ukraine (1.5K tons)
- Russia (1.4K tons)
- Brazil (1.4K tons)
- Pakistan (0.9K tons)
This report provides an in-depth analysis of the beef market in Uzbekistan.
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