Northern America: Frozen Beef Carcase Market 2020

Frozen Beef Carcase Market Size in Northern America

The revenue of the frozen beef carcase market in Northern America amounted to $X in 2017, lowering by -X% against the previous year. The frozen beef carcase consumption continues to indicate an abrupt setback. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. The level of frozen beef carcase consumption peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Frozen Beef Carcase Production in Northern America

In 2017, approx. X tons of frozen carcases of beef and veal were produced in Northern America; coming up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008, with an increase of X% y-o-y. In that year, the frozen beef carcase production reached their peak volume of X tons. From 2009 to 2017, growth of the frozen beef carcase production stood at a somewhat lower level.

Frozen Beef Carcase Exports in Northern America

In 2017, frozen beef carcase exports in Northern America stood at X tons, coming up by X% against the previous year. The frozen beef carcase exports continue to indicate a remarkable growth. The pace of growth appeared the most rapid in 2008, when exports increased by X% year-to-year. Over the period under review, the frozen beef carcase exports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, frozen beef carcase exports totaled $X in 2017. The frozen beef carcase exports continue to indicate a strong expansion. Over the period under review, the frozen beef carcase exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Frozen Beef Carcase Exports by Country in Northern America

The U.S. represented the largest exporter of frozen carcases of beef and veal in Northern America, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2017. It was distantly followed by Canada (X tons), mixed up X% share of total exports.

The U.S. was also the fastest growing in terms of the frozen carcases of beef and veal exports, with a CAGR of +X% from 2007 to 2017. At the same time, Canada (+X%) displayed positive paces of growth. From 2007 to 2017, the share of Canada and the U.S. decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In the U.S., frozen beef carcase exports increased at an average annual rate of +X% over the period from 2007-2017.

Frozen Beef Carcase Export Prices by Country in Northern America

The frozen beef carcase export price in Northern America stood at $X per ton in 2017, remaining stable against the previous year. The export price indicated a conspicuous 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 frozen beef carcase export price decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2014, when the export prices increased by X% year-to-year. In that year, the export prices for frozen carcases of beef and veal attained their peak level of $X per ton. From 2015 to 2017, growth of the export prices for frozen carcases of beef and veal stood at a somewhat lower level.

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

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

Frozen Beef Carcase Imports in Northern America

In 2017, the amount of frozen carcases of beef and veal imported in Northern America totaled X tons, waning by -X% against the previous year. The frozen beef carcase imports continue to indicate a mild setback. The pace of growth appeared the most rapid in 2014, with an increase of X% year-to-year. The volume of imports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, frozen beef carcase imports stood at $X in 2017. The frozen beef carcase imports continue to indicate a temperate expansion. The level of imports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Frozen Beef Carcase Imports by Country in Northern America

The U.S. represented the main importer of frozen carcases of beef and veal in Northern America, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2017. It was distantly followed by Canada (X tons), comprising X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to frozen beef carcase imports into the U.S. stood at -X%. Canada experienced a relatively flat trend pattern. While the share of the U.S. (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported frozen carcases of beef and veal in Northern America, making up X% of global imports. The second position in the ranking was occupied by Canada ($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. amounted to +X%.

Frozen Beef Carcase Import Prices by Country in Northern America

The frozen beef carcase import price in Northern America stood at $X per ton in 2017, growing by X% against the previous year. The import price indicated a prominent 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 frozen beef carcase import price decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2011, an increase of X% year-to-year. Over the period under review, the import prices for frozen carcases of beef and veal attained its peak figure level of $X per ton in 2015; however, from 2016 to 2017, it failed to regain its momentum.

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