Price for Meat of Bovine Animals; Fresh or Chilled in Israel - 2024
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Israel (CIF) - 2024
- Price for Meat of Bovine Animals; Fresh or Chilled in Israel (FOB) - 2022
- Imports of Meat of Bovine Animals; Fresh or Chilled in Israel
- Exports of Meat of Bovine Animals; Fresh or Chilled in Israel
Price for Meat of Bovine Animals; Fresh or Chilled in Israel (CIF) - 2024
In January 2024, the average import price for meat of bovine animals; fresh or chilled amounted to $9,693 per ton, picking up by 6.4% against the previous month. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $9,873 per ton in October 2023; however, from November 2023 to January 2024, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the countries with the highest prices were Argentina ($9,908 per ton) and Brazil ($9,908 per ton), while the price for the United States ($8,094 per ton) and France ($8,799 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+0.5%), while the prices for the other major suppliers experienced a decline.
Price for Meat of Bovine Animals; Fresh or Chilled in Israel (FOB) - 2022
In 2022, the average export price for meat of bovine animals; fresh or chilled amounted to $8,964 per ton, leveling off at the previous year. In general, the export price continues to indicate a slight contraction. Over the period under review, the average export prices hit record highs at $9,091 per ton in 2021, and then reduced slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($9,259 per ton), while the average price for exports to Malta totaled $1,000 per ton.
From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Bovine Animals; Fresh or Chilled in Israel
For the fourth year in a row, Israel recorded growth in supplies from abroad of meat of bovine animals; fresh or chilled, which increased by 8% to 30K tons in 2022. The total import volume increased at an average annual rate of +13.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 19% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of meat of bovine animals; fresh or chilled skyrocketed to $305M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.1% 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 +86.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Meat of Bovine Animals; Fresh or Chilled in Israel (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 55.8 | 53.1 | 56.6 | 75.1 | 10.4% |
Argentina | 62.0 | 62.3 | 77.3 | 66.9 | 2.6% |
Spain | N/A | N/A | 0.7 | 50.0 | 7042.9% |
Brazil | 7.2 | 13.2 | 52.0 | 38.5 | 74.9% |
Uruguay | 1.4 | 20.2 | 5.4 | 25.5 | 163.1% |
France | 16.4 | 25.6 | 27.4 | 23.2 | 12.3% |
United States | 18.6 | 9.4 | 11.2 | 22.9 | 7.2% |
Others | 2.2 | 6.8 | N/A | 3.2 | 13.3% |
Total | 164 | 191 | 231 | 305 | 23.0% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Israel in 2022:
- Poland (7.4K tons)
- Argentina (6.2K tons)
- Spain (4.6K tons)
- Brazil (3.6K tons)
- United States (2.7K tons)
- France (2.4K tons)
- Uruguay (2.3K tons)
Exports of Meat of Bovine Animals; Fresh or Chilled in Israel
In 2022, the amount of meat of bovine animals; fresh or chilled exported from Israel declined rapidly to 56 kg, with a decrease of -49.1% on 2021. Over the period under review, exports showed a precipitous slump.
In value terms, exports of meat of bovine animals; fresh or chilled declined markedly to $502 in 2022. Overall, exports recorded a sharp shrinkage.
Export of Meat of Bovine Animals; Fresh or Chilled in Israel (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
United Kingdom | N/A | 500 | 0% | ||
Malta | N/A | 1.0 | 0% | ||
Palestine | 998 | N/A | 0% | ||
Others | 2.0 | 1.0 | -50.0% | ||
Total | 1,000 | 502 | -49.8% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Israel in 2022:
- United Kingdom (54.0 kg)
- Malta (1.0 kg)
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