Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ghana - 2022

Contents:

  1. Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ghana (CIF) - 2022
  2. Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ghana

Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ghana (CIF) - 2022

In 2022, the average import price for fresh or chilled carcasses and half-carcasses of bovine meat amounted to $9,069 per ton, growing by 140% against the previous year. Overall, the import price showed a buoyant expansion. 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 origin: amid the top importers, the country with the highest price was the UK ($6,778 per ton), while the price for Cote d'Ivoire ($732 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.8%), while the prices for the other major suppliers experienced a decline.

Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ghana

In 2022, overseas purchases of fresh or chilled carcasses and half-carcasses of bovine meat decreased by -17% to 2 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 389%.

In value terms, imports of fresh or chilled carcasses and half-carcasses of bovine meat skyrocketed to $18K in 2022. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 392% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

Import of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.43.78.46.6154.6%
Cote d'Ivoire0.21.20.60.535.7%
Netherlands0.4N/AN/AN/A0%
OthersN/A0.10.111.0948.8%
Total1.05.09.118.1162.6%

Top Suppliers of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat to Ghana in 2022:

  1. United Kingdom (968.0 kg)
  2. Cote d'Ivoire (622.0 kg)

Source: IndexBox Market Intelligence Platform

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