Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Canada - 2023
Contents:
- Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Canada (FOB) - 2022
- Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Canada
Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Canada (FOB) - 2022
In 2022, the average export price for frozen carcasses and half-carcasses of bovine meat amounted to $3,193 per ton, picking up by 55% against the previous year. In general, the export price, however, saw a pronounced reduction. Over the period under review, the average export prices attained the peak figure at $5,270 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jamaica ($3,963 per ton), while the average price for exports to the Philippines ($2,058 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 Russia (+64.5%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Canada
Exports of frozen carcasses and half-carcasses of bovine meat from Canada surged to 1.2K tons in 2022, growing by 1,250% compared with 2021 figures. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of frozen carcasses and half-carcasses of bovine meat soared to $3.8M in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Carcasses and Half-Carcasses of Bovine Meat in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 3,198 | 0% |
| Philippines | N/A | N/A | N/A | 167 | 0% |
| Barbados | N/A | N/A | N/A | 148 | 0% |
| Cuba | N/A | N/A | N/A | 146 | 0% |
| Jamaica | N/A | N/A | N/A | 93.9 | 0% |
| Cote d'Ivoire | N/A | N/A | 20.9 | N/A | 0% |
| China | 443 | 54.1 | 123 | N/A | -47.3% |
| Vietnam | N/A | 70.6 | N/A | N/A | 0% |
| Indonesia | 45.2 | N/A | N/A | N/A | 0% |
| Saudi Arabia | 142 | N/A | N/A | N/A | 0% |
| Others | 106 | 23.8 | 36.1 | 10.7 | -53.4% |
| Total | 737 | 148 | 180 | 3,765 | 72.2% |
Top Export Markets for Frozen Carcasses and Half-Carcasses of Bovine Meat from Canada in 2022:
- Japan (965.4 tons)
- Philippines (81.4 tons)
- Cuba (54.4 tons)
- Barbados (50.1 tons)
- Jamaica (23.7 tons)
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