Price for Meat of Bovine Animals; Frozen in Israel - 2023
Contents:
- Price for Meat of Bovine Animals; Frozen in Israel (CIF) - 2022
- Price for Meat of Bovine Animals; Frozen in Israel (FOB) - 2022
- Imports of Meat of Bovine Animals; Frozen in Israel
- Exports of Meat of Bovine Animals; Frozen in Israel
Price for Meat of Bovine Animals; Frozen in Israel (CIF) - 2022
In 2022, the average import price for meat of bovine animals; frozen amounted to $5,641 per ton, with an increase of 6.3% against the previous year. Over the period under review, the import price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 19%. Over the period under review, average import prices attained the peak figure at $6,497 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($6,323 per ton) and Paraguay ($6,182 per ton), while the price for Poland ($4,818 per ton) and Panama ($5,031 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Meat of Bovine Animals; Frozen in Israel (FOB) - 2022
The average export price for meat of bovine animals; frozen stood at $4,761 per ton in 2022, reducing by -3.1% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 8% against the previous year. Over the period under review, the average export prices attained the peak figure at $4,915 per ton in 2021, and then declined in the following year.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($5,791 per ton), while the average price for exports to Hong Kong SAR ($4,328 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 Paraguay (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Bovine Animals; Frozen in Israel
Meat of bovine animals; frozen imports into Israel surged to 129K tons in 2022, with an increase of 18% against the year before. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, meat of bovine animals; frozen imports skyrocketed to $729M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Meat of Bovine Animals; Frozen in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 106 | 70.0 | 155 | 177 | 18.6% |
| Brazil | 83.1 | 70.2 | 87.8 | 173 | 27.7% |
| Uruguay | 30.1 | 69.3 | 82.9 | 94.9 | 46.6% |
| Paraguay | 107 | 69.5 | 99.6 | 92.2 | -4.8% |
| Panama | 36.2 | 38.7 | 43.2 | 54.1 | 14.3% |
| Poland | 41.6 | 41.6 | 40.3 | 46.9 | 4.1% |
| China | 20.5 | 23.9 | 29.1 | 39.8 | 24.8% |
| Others | 32.0 | 27.2 | 42.2 | 50.2 | 16.2% |
| Total | 456 | 410 | 580 | 729 | 16.9% |
Top Suppliers of Meat of Bovine Animals; Frozen to Israel in 2022:
- Argentina (34.6K tons)
- Brazil (29.1K tons)
- Uruguay (18.5K tons)
- Paraguay (14.9K tons)
- Panama (10.7K tons)
- Poland (9.7K tons)
- China (6.3K tons)
Exports of Meat of Bovine Animals; Frozen in Israel
In 2022, shipments abroad of meat of bovine animals; frozen decreased by -0.8% to 1.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 1.4% against the previous year. As a result, the exports reached the peak of 1.2K tons, leveling off in the following year.
In value terms, meat of bovine animals; frozen exports declined to $5.6M in 2022. The total export value increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 9.3% against the previous year.
| Export of Meat of Bovine Animals; Frozen in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palestine | 4.7 | 5.1 | 5.7 | 5.2 | 3.4% |
| Hong Kong SAR | 0.2 | 0.2 | N/A | 0.2 | 0.0% |
| Paraguay | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 4.9 | 5.4 | 5.8 | 5.6 | 4.6% |
Top Export Markets for Meat of Bovine Animals; Frozen from Israel in 2022:
- Palestine (1097.7 tons)
- Hong Kong SAR (49.2 tons)
- Paraguay (24.6 tons)
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