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

Contents:

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

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

In 2022, the average export price for frozen carcasses and half-carcasses of bovine meat amounted to $4,865 per ton, rising by 59% against the previous year. In general, the export price, however, showed a slight descent. The export price peaked at $6,233 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($5,323 per ton), while the average price for exports to Portugal ($3,247 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 Australia (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Frozen Carcasses and Half-Carcasses of Bovine Meat in Ireland (CIF) - 2022

The average import price for frozen carcasses and half-carcasses of bovine meat stood at $3,266 per ton in 2022, with an increase of 1.8% against the previous year. Overall, the import price, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2018 an increase of 72% against the previous year. Over the period under review, average import prices attained the maximum at $8,815 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +4.9% per year.

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

In 2022, overseas shipments of frozen carcasses and half-carcasses of bovine meat decreased by -61.3% to 54 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 when exports increased by 775% against the previous year. As a result, the exports reached the peak of 669 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of frozen carcasses and half-carcasses of bovine meat fell remarkably to $264K in 2022. Over the period under review, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,117%. As a result, the exports attained the peak of $2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Japan (25.0 tons)
2. France (23.6 tons)
3. Portugal (4.2 tons)
4. Italy (1.5 tons)

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

In 2022, the amount of frozen carcasses and half-carcasses of bovine meat imported into Ireland soared to 64 tons, growing by 268,558% compared with the previous year's figure. In general, imports saw a significant expansion.

In value terms, imports of frozen carcasses and half-carcasses of bovine meat surged to $211K in 2022. Over the period under review, imports posted a significant expansion.

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

1. United Kingdom (64.5 tons)

Source: IndexBox Market Intelligence Platform