Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Sweden - 2023

Contents:

  1. Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Sweden (CIF) - 2022
  2. Price for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Sweden (FOB) - 2022
  3. Imports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Sweden
  4. Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Sweden

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

The average import price for fresh or chilled carcasses and half-carcasses of bovine meat stood at $6,285 per ton in 2022, with an increase of 7.5% 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 2016 when the average import price increased by 19%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,520 per ton), while the price for Lithuania ($5,643 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average export price for fresh or chilled carcasses and half-carcasses of bovine meat amounted to $19,909 per ton, picking up by 47% against the previous year. Overall, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 244% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2012 to 2021, the rate of growth in terms of prices for Norway amounted to +19.5% per year.

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

In 2022, the amount of fresh or chilled carcasses and half-carcasses of bovine meat imported into Sweden soared to 1.6K tons, rising by 112% on 2021. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fresh or chilled carcasses and half-carcasses of bovine meat skyrocketed to $10M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.12.22.63.851.2%
Denmark1.00.70.72.942.6%
Ireland1.20.80.61.712.3%
LithuaniaN/A0.1N/A0.8182.8%
SpainN/AN/AN/A0.50%
Germany0.90.70.60.4-23.7%
Others0.1N/A0.10.226.0%
Total4.24.44.510.234.4%

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

  1. Netherlands (597.3 tons)
  2. Denmark (489.5 tons)
  3. Ireland (261.5 tons)
  4. Lithuania (134.2 tons)
  5. Spain (82.5 tons)
  6. Germany (41.2 tons)

Exports of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Sweden

In 2021, after two years of growth, there was significant decline in overseas shipments of fresh or chilled carcasses and half-carcasses of bovine meat, when their volume decreased by -71.2% to 1.8 tons. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 559% against the previous year. As a result, the exports reached the peak of 6.4 tons, and then reduced dramatically in the following year.

In value terms, exports of fresh or chilled carcasses and half-carcasses of bovine meat dropped remarkably to $36K in 2021. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 2,169%. As a result, the exports reached the peak of $86K, and then shrank significantly in the following year.

Export of Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat in Sweden (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
NorwayN/A86.436.3-58.0%
Finland3.8N/AN/A0%
OthersN/AN/A0.20%
Total3.886.436.5209.9%

Top Export Markets for Fresh or Chilled Carcasses and Half-Carcasses of Bovine Meat from Sweden in 2022:

  1. Norway (1830.0 kg)

Source: IndexBox Market Intelligence Platform

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