EU: Fresh Beef Cut Market 2020

Fresh Beef Cut Market Size in the EU

The revenue of the fresh beef cut market in the European Union amounted to $X in 2017, surging by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. Over the period under review, the fresh beef cut market attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Fresh Beef Cut Production in the EU

The fresh beef cut production stood at X tons in 2017, surging by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014, with an increase of X% y-o-y. The volume of fresh beef cut production peaked in 2017, and is expected to retain its growth in the immediate term.

Fresh Beef Cut Exports in the EU

In 2017, the amount of fresh or chilled cuts of beef and veal exported in the European Union amounted to X tons, approximately equating the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2008, with an increase of X% year-to-year. The volume of exports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, fresh beef cut exports amounted to $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. In that year, the fresh beef cut exports attained their peak level of $X. From 2012 to 2017, growth of the fresh beef cut exports stood at a somewhat lower level.

Fresh Beef Cut Exports by Country in the EU

The exports of the five major exporters of fresh or chilled cuts of beef and veal, namely the Netherlands, Ireland, Poland, Germany and France, represented more than two-thirds of total export. Belgium (X tons) ranks second in terms of the global exports with a X% share, followed by the UK (X%).

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the UK (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Ireland ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2017, with a combined X% share of total exports. Poland, France, Belgium and the UK lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries , the UK (+X% per year) recorded the highest growth rate of exports, over the last decade, while the other leaders experienced more modest paces of growth.

Fresh Beef Cut Export Prices by Country in the EU

In 2017, the fresh beef cut export price in the European Union amounted to $X per ton, surging by X% against the previous year. The fresh beef cut export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, an increase of X% year-to-year. Over the period under review, the export prices for fresh or chilled cuts of beef and veal attained its peak figure level of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Ireland ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Poland (+X% per year), while the other leaders experienced more modest paces of growth.

Fresh Beef Cut Imports in the EU

The imports stood at X tons in 2017, dropping by -X% against the previous year. The fresh beef cut imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014, when it surged by X% against the previous year. The volume of imports peaked of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, fresh beef cut imports amounted to $X in 2017. The fresh beef cut imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Fresh Beef Cut Imports by Country in the EU

Italy (X tons), Germany (X tons), the Netherlands (X tons), the UK (X tons) and France (X tons) represented roughly X% of total imports of fresh or chilled cuts of beef and veal in 2017. Denmark (X tons) occupied the second position in the ranking, followed by Greece (X tons) and Spain (X tons). All these countries together occupied approx. X% share of total imports. Portugal (X tons) took the minor share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Germany (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

In terms of the main importing countries , Germany (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Fresh Beef Cut Import Prices by Country in the EU

The fresh beef cut import price in the European Union stood at $X per ton in 2017, growing by X% against the previous year. The fresh beef cut import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, an increase of X% against the previous year. In that year, the import prices for fresh or chilled cuts of beef and veal reached their peak level of $X per ton. From 2012 to 2017, growth of the import prices for fresh or chilled cuts of beef and veal failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Spain ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform