EU: Preserved Cows Meat Market 2024

Preserved Cows Meat Market Size in the EU

The EU preserved cows meat market reduced to $X in 2023, waning by X% against the previous year. The total consumption indicated a measured increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2015 indices. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Preserved Cows Meat Production in the EU

In value terms, preserved cows meat production contracted to $X in 2023 estimated in export price. The total production indicated a notable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then dropped in the following year.

Preserved Cows Meat Exports

Exports in the EU

In 2023, the amount of prepared or preserved meat or offal of bovine animals exported in the European Union dropped to X tons, falling by X% against the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, preserved cows meat exports rose modestly to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2022 when exports increased by X%. The level of export peaked in 2023 and is likely to see steady growth in the immediate term.

Exports by Country

In 2023, Ireland (X tons), Poland (X tons) and Germany (X tons) was the main exporter of prepared or preserved meat or offal of bovine animals in the European Union, constituting X% of total export. It was distantly followed by Italy (X tons), Belgium (X tons), France (X tons), Sweden (X tons) and the Netherlands (X tons), together making up a X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest preserved cows meat supplying countries in the European Union were Ireland ($X), Poland ($X) and Germany ($X), with a combined X% share of total exports.

Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Preserved Cows Meat Imports

Imports in the EU

In 2023, imports of prepared or preserved meat or offal of bovine animals in the European Union fell to X tons, with a decrease of X% compared with the previous year's figure. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, preserved cows meat imports amounted to $X in 2023. Total imports indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2022 when imports increased by X%. The level of import peaked in 2023 and is likely to see steady growth in years to come.

Imports by Country

France (X tons), Germany (X tons), the Netherlands (X tons), Belgium (X tons), Sweden (X tons), Denmark (X tons), the Czech Republic (X tons), Italy (X tons), Spain (X tons), Austria (X tons), Slovakia (X tons) and Romania (X tons) represented roughly X% of total imports in 2023.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports. Belgium, Denmark, Italy, Sweden, the Czech Republic, Austria, Spain, Slovakia and Romania lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Romania, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform