Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Kazakhstan - 2022

Contents:

  1. Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Kazakhstan (FOB) - 2022
  2. Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Kazakhstan (CIF) - 2022
  3. Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Kazakhstan
  4. Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Kazakhstan

Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Kazakhstan (FOB) - 2022

The average export price for fresh or chilled boneless cuts of bovine meat stood at $13,311 per ton in 2022, increasing by 262% against the previous year. Over the period under review, the export price recorded prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to +185.9% per year.

Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Kazakhstan (CIF) - 2022

The average import price for fresh or chilled boneless cuts of bovine meat stood at $6,127 per ton in 2022, jumping by 15% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 41%. As a result, import price attained the peak level of $9,336 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,339 per ton), while the price for the United Arab Emirates ($2,667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.1%), while the prices for the other major suppliers experienced a decline.

Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Kazakhstan

After three years of growth, overseas shipments of fresh or chilled boneless cuts of bovine meat decreased by -94.1% to 55 tons in 2022. In general, exports saw a significant decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 118% against the previous year.

In value terms, exports of fresh or chilled boneless cuts of bovine meat reduced remarkably to $730K in 2022. Overall, exports saw a deep downturn. The growth pace was the most rapid in 2020 with an increase of 100%.

Export of Fresh or Chilled Boneless Cuts of Bovine Meat in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates9.344.8124726327.4%
Russia5411,2703,195N/A143.0%
UzbekistanN/A87186.7N/A-90.0%
Iran585N/AN/AN/A0%
OthersN/A85.42.53.8-78.9%
Total1,1352,2713,408730-13.7%

Top Export Markets for Fresh or Chilled Boneless Cuts of Bovine Meat from Kazakhstan in 2022:

  1. United Arab Emirates (54.6 tons)

Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Kazakhstan

In 2022, the amount of fresh or chilled boneless cuts of bovine meat imported into Kazakhstan contracted remarkably to 49 tons, which is down by -61.5% against the year before. Over the period under review, imports showed a dramatic contraction. The smallest decline of -26.9% was in 2020.

In value terms, imports of fresh or chilled boneless cuts of bovine meat contracted sharply to $299K in 2022. Overall, imports recorded a dramatic slump. The smallest decline of -35.7% was in 2021.

Import of Fresh or Chilled Boneless Cuts of Bovine Meat in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States666190220209-32.0%
Russia39412852.539.8-53.4%
United Arab Emirates30.930.918.927.5-3.8%
Belarus55.344.121.523.0-25.4%
Germany567535307N/A-26.4%
Poland17811242.9N/A-50.9%
Others10.87.49.5N/A-6.2%
Total1,9031,047673299-46.0%

Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Kazakhstan in 2022:

  1. United States (28.4 tons)
  2. United Arab Emirates (10.3 tons)
  3. Russia (5.5 tons)
  4. Belarus (4.5 tons)

Source: IndexBox Market Intelligence Platform

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