Northern America: Fresh Beef Cut Market 2020

Fresh Beef Cut Market Size in Northern America

The revenue of the fresh beef cut market in Northern America amounted to $X in 2017, going up by X% against the previous year. The fresh beef cut consumption continues to indicate an outstanding growth. The most prominent rate of growth was recorded in 2008, when market value increased by X% y-o-y. Over the period under review, the fresh beef cut market attained its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Fresh Beef Cut Production in Northern America

In 2017, approx. X tons of fresh or chilled cuts of beef and veal were produced in Northern America; remaining stable against the previous year. The fresh beef cut production continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. In that year, the fresh beef cut production attained their peak volume of X tons. From 2009 to 2017, growth of the fresh beef cut production stood at a somewhat lower level.

Fresh Beef Cut Exports in Northern America

The exports amounted to X tons in 2017, therefore, remained relatively stable against the previous year. The fresh beef cut exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% year-to-year. The volume of exports peaked of X tons in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, fresh beef cut exports amounted to $X in 2017. The total exports indicated a prominent expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fresh beef cut exports decreased by -X% against 2014 indices. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Fresh Beef Cut Exports by Country in Northern America

The exports of the two major exporters of fresh or chilled cuts of beef and veal, namely the U.S. and Canada, represented more than two-thirds of total export.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the U.S. (+X% per year).

In value terms, the U.S. ($X) remains the largest fresh beef cut supplier in Northern America, making up X% of global exports. The second position in the ranking was occupied by Canada ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in the U.S. amounted to +X%.

Fresh Beef Cut Export Prices by Country in Northern America

In 2017, the fresh beef cut export price in Northern America amounted to $X per ton, picking up by X% against the previous year. The export price indicated a remarkable expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fresh beef cut export price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2011, an increase of X% y-o-y. The level of export price peaked of $X per ton in 2015; however, from 2016 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 the U.S. ($X per ton), while Canada ($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 the U.S. (+X% per year).

Fresh Beef Cut Imports in Northern America

The imports totaled X tons in 2017, jumping by X% against the previous year. The total imports indicated a perceptible increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fresh beef cut imports increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2009, when it surged by X% y-o-y. Over the period under review, the fresh beef cut imports attained its peak figure volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, fresh beef cut imports amounted to $X in 2017. The fresh beef cut imports continue to indicate a prominent growth. The level of imports peaked in 2017, and are likely to continue its growth in the immediate term.

Fresh Beef Cut Imports by Country in Northern America

In 2017, the U.S. (X tons) represented the major importer for fresh or chilled cuts of beef and veal, achieving X% of total imports. It was distantly followed by Canada (X tons), constituting X% share of total imports.

The U.S. was also the fastest growing in terms of the fresh or chilled cuts of beef and veal imports, with a CAGR of +X% from 2007 to 2017. Canada experienced a relatively flat trend pattern. From 2007 to 2017, the share of the U.S. decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported fresh or chilled cuts of beef and veal in Northern America, making up X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports.

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. stood at +X%.

Fresh Beef Cut Import Prices by Country in Northern America

The fresh beef cut import price in Northern America stood at $X per ton in 2017, picking up by X% against the previous year. The import price indicated a notable growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fresh beef cut import price decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% y-o-y. The level of import price peaked of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Canada ($X per ton) and the U.S. ($X per ton), while the U.S. ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year).

Source: IndexBox Platform