Price for Meat of Bovine Animals; Frozen in Sweden - 2023
Contents:
- Price for Meat of Bovine Animals; Frozen in Sweden (CIF) - 2023
- Price for Meat of Bovine Animals; Frozen in Sweden (FOB) - 2023
- Imports of Meat of Bovine Animals; Frozen in Sweden
- Exports of Meat of Bovine Animals; Frozen in Sweden
Price for Meat of Bovine Animals; Frozen in Sweden (CIF) - 2023
The average import price for meat of bovine animals; frozen stood at $6,445 per ton in July 2023, with a decrease of -4.4% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 6% month-to-month. As a result, import price attained the peak level of $6,992 per ton. From June 2023 to July 2023, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Poland ($7,805 per ton) and Italy ($7,248 per ton), while the price for Germany ($5,353 per ton) and Denmark ($5,360 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Finland (+0.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Bovine Animals; Frozen in Sweden (FOB) - 2023
The average export price for meat of bovine animals; frozen stood at $6,254 per ton in July 2023, reducing by -37.2% against the previous month. In general, the export price recorded a pronounced setback. The pace of growth appeared the most rapid in May 2023 an increase of 60% m-o-m. As a result, the export price reached the peak level of $11,477 per ton. From June 2023 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($11,572 per ton), while the average price for exports to Ukraine ($1,046 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Bovine Animals; Frozen in Sweden
In 2022, imports of meat of bovine animals; frozen into Sweden totaled 28K tons, almost unchanged from the previous year. In general, imports, however, saw a slight decrease. The growth pace was the most rapid in 2021 when imports increased by 11% against the previous year.
In value terms, meat of bovine animals; frozen imports surged to $196M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +68.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Meat of Bovine Animals; Frozen in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 24.3 | 23.3 | 29.4 | 51.3 | 28.3% |
| Italy | 9.5 | 0.7 | 15.7 | 36.7 | 56.9% |
| Germany | 15.8 | 14.5 | 26.6 | 29.6 | 23.3% |
| Poland | 35.8 | 32.7 | 26.5 | 23.8 | -12.7% |
| Netherlands | 16.5 | 16.0 | 15.7 | 19.2 | 5.2% |
| Denmark | 8.7 | 6.4 | 10.9 | 13.4 | 15.5% |
| Austria | 5.8 | 8.2 | 4.9 | 3.9 | -12.4% |
| Others | 15.5 | 14.9 | 11.1 | 18.4 | 5.9% |
| Total | 132 | 117 | 141 | 196 | 14.1% |
Top Suppliers of Meat of Bovine Animals; Frozen to Sweden in 2022:
- Ireland (8.9K tons)
- Italy (5.1K tons)
- Germany (4.6K tons)
- Poland (3.0K tons)
- Netherlands (2.4K tons)
- Denmark (1.8K tons)
- Austria (0.7K tons)
Exports of Meat of Bovine Animals; Frozen in Sweden
In 2022, after three years of growth, there was significant decline in shipments abroad of meat of bovine animals; frozen, when their volume decreased by -16.7% to 525 tons. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. As a result, the exports attained the peak of 630 tons, and then shrank markedly in the following year.
In value terms, meat of bovine animals; frozen exports contracted to $4.4M in 2022. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 62%. As a result, the exports attained the peak of $4.7M, and then fell in the following year.
| Export of Meat of Bovine Animals; Frozen in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 277 | 533 | 2,141 | 1,693 | 82.8% |
| Finland | 1,188 | 1,229 | 849 | 1,134 | -1.5% |
| Spain | 30.9 | 612 | 619 | 568 | 163.9% |
| Denmark | 48.3 | 243 | 219 | 304 | 84.6% |
| Serbia | N/A | N/A | 17.6 | 192 | 990.9% |
| Poland | 0.1 | N/A | 24.4 | 133 | 999.7% |
| Norway | 326 | 197 | 209 | 94.7 | -33.8% |
| Cote d'Ivoire | 18.2 | N/A | 22.4 | 22.4 | 7.2% |
| Ukraine | N/A | N/A | 36.5 | N/A | 0% |
| Others | 114 | 73.1 | 529 | 221 | 24.7% |
| Total | 2,002 | 2,886 | 4,666 | 4,362 | 29.6% |
Top Export Markets for Meat of Bovine Animals; Frozen from Sweden in 2022:
- Germany (107.2 tons)
- Poland (92.4 tons)
- Denmark (91.6 tons)
- Serbia (72.0 tons)
- Finland (67.4 tons)
- Spain (54.5 tons)
- Norway (15.2 tons)
- Cote d'Ivoire (10.6 tons)
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