Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Switzerland - 2023
Contents:
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Switzerland (CIF) - 2023
- Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Switzerland (FOB) - 2022
- Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Switzerland
- Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Switzerland
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Switzerland (CIF) - 2023
The average import price for fresh or chilled boneless cuts of bovine meat stood at $18,774 per ton in December 2023, increasing by 7.6% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average import price increased by 18% m-o-m. Over the period under review, average import prices reached the maximum at $19,092 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($54,010 per ton), while the price for Poland ($10,569 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Uruguay (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Boneless Cuts of Bovine Meat in Switzerland (FOB) - 2022
The average export price for fresh or chilled boneless cuts of bovine meat stood at $15,353 per ton in 2022, dropping by -8.5% against the previous year. In general, the export price showed a perceptible reduction. The most prominent rate of growth was recorded in 2020 an increase of 35% against the previous year. The export price peaked at $22,724 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($23,667 per ton), while the average price for exports to Germany stood at $15,324 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+1.9%).
Imports of Fresh or Chilled Boneless Cuts of Bovine Meat in Switzerland
In 2022, overseas purchases of fresh or chilled boneless cuts of bovine meat decreased by -11.9% to 9.2K tons, falling for the second consecutive year after two years of growth. In general, imports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 7.4%. As a result, imports reached the peak of 11K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of fresh or chilled boneless cuts of bovine meat declined modestly to $162M in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, imports reached the peak of $162M, leveling off in the following year.
| Import of Fresh or Chilled Boneless Cuts of Bovine Meat in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 44.9 | 55.0 | 54.0 | 45.4 | 0.4% |
| Uruguay | 17.4 | 17.6 | 23.9 | 24.1 | 11.5% |
| Australia | 21.1 | 15.4 | 21.0 | 23.7 | 3.9% |
| Paraguay | 13.1 | 10.1 | 12.0 | 14.0 | 2.2% |
| Argentina | 9.1 | 8.6 | 11.4 | 13.9 | 15.2% |
| United States | 12.9 | 11.8 | 12.4 | 13.6 | 1.8% |
| Poland | 3.7 | 4.6 | 6.2 | 5.4 | 13.4% |
| Germany | 1.4 | 4.8 | 6.2 | 4.7 | 49.7% |
| Brazil | 3.0 | 3.2 | 1.7 | 2.1 | -11.2% |
| Others | 15.6 | 15.3 | 13.4 | 14.9 | -1.5% |
| Total | 142 | 146 | 162 | 162 | 4.5% |
Top Suppliers of Fresh or Chilled Boneless Cuts of Bovine Meat to Switzerland in 2022:
- Ireland (2725.0 tons)
- Uruguay (1650.1 tons)
- Paraguay (1164.4 tons)
- Argentina (745.1 tons)
- Australia (644.3 tons)
- Poland (524.9 tons)
- Germany (445.1 tons)
- United States (298.4 tons)
- Brazil (135.9 tons)
Exports of Fresh or Chilled Boneless Cuts of Bovine Meat in Switzerland
For the fourth year in a row, Switzerland recorded growth in shipments abroad of fresh or chilled boneless cuts of bovine meat, which increased by 545% to 186 tons in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled boneless cuts of bovine meat surged to $2.9M in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fresh or Chilled Boneless Cuts of Bovine Meat in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 31.9 | 158 | 461 | 2,850 | 347.0% |
| Denmark | 18.0 | 0.6 | N/A | N/A | -96.7% |
| Others | 13.8 | 16.5 | 23.2 | 7.6 | -18.0% |
| Total | 63.6 | 175 | 484 | 2,857 | 255.5% |
Top Export Markets for Fresh or Chilled Boneless Cuts of Bovine Meat from Switzerland in 2022:
- Germany (186.0 tons)
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