Price for Meat of Bovine Animals; Fresh or Chilled in Denmark - 2023
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Denmark (CIF) - 2022
- Price for Meat of Bovine Animals; Fresh or Chilled in Denmark (FOB) - 2022
- Imports of Meat of Bovine Animals; Fresh or Chilled in Denmark
- Exports of Meat of Bovine Animals; Fresh or Chilled in Denmark
Price for Meat of Bovine Animals; Fresh or Chilled in Denmark (CIF) - 2022
The average import price for meat of bovine animals; fresh or chilled stood at $7,293 per ton in 2022, growing by 8.9% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 11%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($11,225 per ton), while the price for Lithuania ($4,694 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Meat of Bovine Animals; Fresh or Chilled in Denmark (FOB) - 2022
In 2022, the average export price for meat of bovine animals; fresh or chilled amounted to $6,444 per ton, with an increase of 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 18% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($12,590 per ton), while the average price for exports to Finland ($4,265 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Meat of Bovine Animals; Fresh or Chilled in Denmark
In 2022, after three years of growth, there was significant decline in supplies from abroad of meat of bovine animals; fresh or chilled, when their volume decreased by -11.7% to 68K tons. Overall, imports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 6% against the previous year. As a result, imports reached the peak of 77K tons, and then reduced in the following year.
In value terms, imports of meat of bovine animals; fresh or chilled fell slightly to $493M in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 18%. As a result, imports reached the peak of $513M, and then contracted slightly in the following year.
| Import of Meat of Bovine Animals; Fresh or Chilled in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 134 | 147 | 167 | 148 | 3.4% |
| Netherlands | 132 | 127 | 166 | 146 | 3.4% |
| Poland | 38.8 | 38.4 | 53.6 | 54.3 | 11.9% |
| Ireland | 38.7 | 26.3 | 27.4 | 31.7 | -6.4% |
| Austria | 8.5 | 10.8 | 14.5 | 15.3 | 21.6% |
| Finland | N/A | 0.2 | 9.8 | 14.8 | 760.2% |
| Italy | 7.6 | 8.2 | 9.2 | 10.5 | 11.4% |
| Lithuania | 9.4 | 6.5 | 13.6 | 10.1 | 2.4% |
| Latvia | 0.9 | 2.8 | 3.1 | 7.0 | 98.1% |
| United Kingdom | 17.1 | 26.7 | 2.2 | 5.9 | -29.9% |
| France | 7.6 | 5.1 | 5.6 | 3.9 | -19.9% |
| Others | 39.0 | 35.1 | 41.5 | 45.1 | 5.0% |
| Total | 434 | 434 | 513 | 493 | 4.3% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Denmark in 2022:
- Germany (22.7K tons)
- Netherlands (17.3K tons)
- Poland (8.6K tons)
- Ireland (3.6K tons)
- Austria (2.3K tons)
- Lithuania (2.2K tons)
- Finland (2.0K tons)
- Italy (1.3K tons)
- Latvia (1.3K tons)
- France (0.6K tons)
- United Kingdom (0.5K tons)
Exports of Meat of Bovine Animals; Fresh or Chilled in Denmark
Exports of meat of bovine animals; fresh or chilled from Denmark shrank to 54K tons in 2022, reducing by -3.2% on the year before. Over the period under review, exports continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of 4.7%.
In value terms, exports of meat of bovine animals; fresh or chilled totaled $350M in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Meat of Bovine Animals; Fresh or Chilled in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 74.0 | 72.5 | 73.7 | 80.2 | 2.7% |
| Italy | 54.3 | 46.3 | 64.2 | 70.1 | 8.9% |
| Sweden | 41.9 | 35.9 | 48.9 | 53.5 | 8.5% |
| Spain | 45.7 | 35.1 | 47.6 | 41.9 | -2.9% |
| Netherlands | 10.3 | 10.0 | 12.8 | 24.3 | 33.1% |
| Greece | 14.6 | 15.3 | 17.8 | 19.8 | 10.7% |
| Finland | 8.0 | 12.2 | 16.4 | 18.4 | 32.0% |
| Others | 39.7 | 33.2 | 40.9 | 41.5 | 1.5% |
| Total | 288 | 261 | 322 | 350 | 6.7% |
Top Export Markets for Meat of Bovine Animals; Fresh or Chilled from Denmark in 2022:
- Germany (16.7K tons)
- Italy (8.6K tons)
- Sweden (7.7K tons)
- Finland (4.3K tons)
- Spain (4.3K tons)
- Netherlands (3.8K tons)
- Greece (2.7K tons)
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