Eastern Europe: Fresh Beef Carcase Market 2024

Fresh Beef Carcase Market Size in Eastern Europe

The East European fresh beef carcase market amounted to $X in 2022, surging by X% against the previous year. The total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Fresh Beef Carcase Production in Eastern Europe

In value terms, fresh beef carcase production reached $X in 2022 estimated in export price. The total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. The level of production peaked in 2022 and is likely to continue growth in years to come.

Fresh Beef Carcase Exports

Exports in Eastern Europe

In 2022, exports of fresh or chilled carcases of beef and veal in Eastern Europe fell notably to X tons, dropping by X% on the year before. Over the period under review, exports showed a noticeable descent. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, fresh beef carcase exports dropped to $X in 2022. Overall, exports showed a perceptible setback. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Poland prevails in exports structure, finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Lithuania (X tons), generating an X% share of total exports. Latvia (X tons), the Czech Republic (X tons) and Hungary (X tons) took a relatively small share of total exports.

Exports from Poland decreased at an average annual rate of X% from 2012 to 2022. At the same time, Lithuania (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Latvia (X%) and Hungary (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Lithuania and the Czech Republic increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest fresh beef carcase supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Poland amounted to X%. In the other countries, the average annual rates were as follows: Lithuania (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Poland ($X per ton) and Lithuania ($X per ton), while Latvia ($X per ton) and Hungary ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Fresh Beef Carcase Imports

Imports in Eastern Europe

Fresh beef carcase imports declined dramatically to X tons in 2022, waning by X% against the year before. Over the period under review, imports saw a drastic downturn. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, fresh beef carcase imports shrank to $X in 2022. Overall, imports saw a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Czech Republic (X tons), Poland (X tons) and Lithuania (X tons) represented roughly X% of total imports in 2022. Romania (X tons) took the next position in the ranking, followed by Slovakia (X tons) and Hungary (X tons). All these countries together held approx. X% share of total imports. Bulgaria (X tons) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and Lithuania ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Lithuania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, jumping by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Hungary ($X per ton) and Slovakia ($X per ton), while Lithuania ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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