Price for Meat of Bovine Animals; Fresh or Chilled in Ecuador - 2022
Contents:
- Price for Meat of Bovine Animals; Fresh or Chilled in Ecuador (CIF) - 2022
- Imports of Meat of Bovine Animals; Fresh or Chilled in Ecuador
Price for Meat of Bovine Animals; Fresh or Chilled in Ecuador (CIF) - 2022
The average import price for meat of bovine animals; fresh or chilled stood at $14,716 per ton in 2022, surging by 20% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for meat of bovine animals; fresh or chilled increased by +118.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 78% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +1.1% per year.
Imports of Meat of Bovine Animals; Fresh or Chilled in Ecuador
In 2022, purchases abroad of meat of bovine animals; fresh or chilled decreased by -38.9% to 32 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2020 with an increase of 71% against the previous year. As a result, imports reached the peak of 62 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of meat of bovine animals; fresh or chilled declined markedly to $470K in 2022. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 203% against the previous year. As a result, imports attained the peak of $746K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Meat of Bovine Animals; Fresh or Chilled in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 125 | 632 | 560 | 470 | 55.5% |
| Paraguay | 6.7 | 12.9 | 8.9 | N/A | 15.3% |
| Colombia | 32.8 | N/A | N/A | N/A | 0% |
| United States | 43.3 | 41.0 | 5.5 | N/A | -64.4% |
| Uruguay | 38.4 | 60.5 | 65.1 | N/A | 30.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 246 | 746 | 640 | 470 | 24.1% |
Top Suppliers of Meat of Bovine Animals; Fresh or Chilled to Ecuador in 2022:
- Argentina (31.9 tons)
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