Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Greece - 2023

Contents:

1. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Greece (CIF) - 2023
2. Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Greece (FOB) - 2022
3. Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Greece
4. Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Greece

Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Greece (CIF) - 2023

In October 2023, the average import price for frozen carcasses and half-carcasses of bovine meat amounted to $4,724 per ton, waning by -23.5% against the previous month. Overall, the import price saw a pronounced reduction. The most prominent rate of growth was recorded in April 2023 an increase of 22% m-o-m. As a result, import price attained the peak level of $6,877 per ton. From May 2023 to October 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Italy ($6,689 per ton), while the price for Germany ($4,036 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Greece (FOB) - 2022

The average export price for frozen carcasses and half-carcasses of bovine meat stood at $5,872 per ton in 2022, surging by 74% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 76%. The export price peaked at $6,637 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($11,039 per ton), while the average price for exports to the Netherlands ($4,927 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 Belgium (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Greece

Imports of frozen carcasses and half-carcasses of bovine meat into Greece dropped to 558 tons in 2022, shrinking by -8% against the previous year's figure. In general, imports faced a dramatic decrease.

In value terms, imports of frozen carcasses and half-carcasses of bovine meat rose notably to $3M in 2022. Over the period under review, imports showed a noticeable reduction.

Top Suppliers of Frozen Carcasses and Half-Carcasses of Bovine Meat to Greece in 2022:

1. France (128.8 tons)
2. Italy (112.3 tons)
3. Spain (75.2 tons)
4. Poland (71.7 tons)
5. Germany (68.8 tons)
6. Netherlands (43.2 tons)
7. Cyprus (31.2 tons)
8. Austria (7.0 tons)

Exports of Frozen Carcasses and Half-Carcasses of Bovine Meat in Greece

In 2022, exports of frozen carcasses and half-carcasses of bovine meat from Greece soared to 185 tons, increasing by 713% compared with the previous year's figure. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,063%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of frozen carcasses and half-carcasses of bovine meat soared to $1.1M in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Frozen Carcasses and Half-Carcasses of Bovine Meat from Greece in 2022:

1. Germany (127.6 tons)
2. Sweden (20.0 tons)
3. Belgium (17.2 tons)
4. Cyprus (10.0 tons)
5. Netherlands (7.6 tons)

Source: IndexBox Market Intelligence Platform