Price for Meat of Bovine Animals; Frozen in Croatia - 2023
Contents:
- Price for Meat of Bovine Animals; Frozen in Croatia (CIF) - 2023
- Price for Meat of Bovine Animals; Frozen in Croatia (FOB) - 2023
- Imports of Meat of Bovine Animals; Frozen in Croatia
- Exports of Meat of Bovine Animals; Frozen in Croatia
Price for Meat of Bovine Animals; Frozen in Croatia (CIF) - 2023
In June 2023, the average import price for meat of bovine animals; frozen amounted to $8,434 per ton, with a decrease of -2.5% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 an increase of 10% m-o-m. Over the period under review, average import prices attained the maximum at $9,141 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($14,734 per ton), while the price for Germany ($5,074 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Bovine Animals; Frozen in Croatia (FOB) - 2023
In July 2023, the average export price for meat of bovine animals; frozen amounted to $6,278 per ton, which is down by -14.3% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average export price increased by 33% month-to-month. The export price peaked at $7,978 per ton in August 2022; however, from September 2022 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Slovenia ($8,222 per ton), while the average price for exports to North Macedonia ($2,386 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 Bosnia and Herzegovina (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Meat of Bovine Animals; Frozen in Croatia
Meat of bovine animals; frozen imports into Croatia soared to 6.8K tons in 2022, jumping by 20% on 2021 figures. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.1% 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 +67.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, meat of bovine animals; frozen imports surged to $58M in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Meat of Bovine Animals; Frozen in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.4 | 0.1 | 9.2 | 19.9 | 267.8% |
| Netherlands | 9.5 | 3.9 | 9.4 | 14.1 | 14.1% |
| Spain | 1.9 | 2.8 | 3.3 | 4.4 | 32.3% |
| Austria | 13.0 | 11.2 | 6.1 | 3.6 | -34.8% |
| Germany | 1.3 | 1.3 | 0.5 | 3.4 | 37.8% |
| Denmark | 0.7 | 0.2 | 1.8 | 2.8 | 58.7% |
| Italy | 1.1 | 0.7 | 1.5 | 2.2 | 26.0% |
| Hungary | 0.7 | 0.5 | 0.4 | 0.7 | 0.0% |
| Others | 1.3 | 0.7 | 2.8 | 6.3 | 69.2% |
| Total | 29.8 | 21.4 | 34.9 | 57.5 | 24.5% |
Top Suppliers of Meat of Bovine Animals; Frozen to Croatia in 2022:
- Poland (2797.7 tons)
- Netherlands (972.3 tons)
- Spain (632.3 tons)
- Austria (493.2 tons)
- Germany (460.5 tons)
- Italy (356.1 tons)
- Denmark (333.9 tons)
- Hungary (121.1 tons)
Exports of Meat of Bovine Animals; Frozen in Croatia
After three years of growth, shipments abroad of meat of bovine animals; frozen decreased by -4.6% to 1.7K tons in 2022. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 28%. As a result, the exports reached the peak of 1.7K tons, and then dropped in the following year.
In value terms, meat of bovine animals; frozen exports soared to $11M in 2022. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 63%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Meat of Bovine Animals; Frozen in Croatia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 4.0 | 3.3 | 4.3 | 6.0 | 14.5% |
| Bosnia and Herzegovina | 0.9 | 1.3 | 2.2 | 4.0 | 64.4% |
| North Macedonia | N/A | 0.3 | 1.3 | 0.4 | 15.5% |
| China | N/A | 0.3 | 0.1 | N/A | -66.7% |
| Philippines | N/A | 0.3 | 0.2 | N/A | -33.3% |
| Czech Republic | 0.3 | 0.2 | N/A | N/A | -33.3% |
| Others | 0.5 | 0.2 | 1.3 | 1.0 | 26.0% |
| Total | 5.9 | 5.9 | 9.5 | 11.4 | 24.6% |
Top Export Markets for Meat of Bovine Animals; Frozen from Croatia in 2022:
- Bosnia and Herzegovina (768.0 tons)
- Slovenia (752.4 tons)
- North Macedonia (74.0 tons)
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