BEEF & VEAL MARKET SITUATION
Beef CMO 23 September 2021 L I V E S T O C K EU E V O L U T I O N
JUNE SURVEY T O T A L B O V I N E
May/Jun %Var %Var %Var %Var TOT LIVESTOCK BOVINE < 1 Year BOVINE 1-2 Year BOVINE > 2 Year 2021 2021 2021 2021 1000 Hd 2018 2019 2020 2021 2020 2018 2019 2020 2021 2020 2018 2019 2020 2021 2020 2018 2019 2020 2021 2020 BE 2 450 2 406 2 388 710 706 716 492 475 471 1 247 1 226 1 201 BG CZ DK 1 560 1 512 1 517 1 503 -0.9% 538 510 517 517 idem 294 292 291 287 -1.4% 729 710 709 699 -1.4% DE 12 093 11 763 11 423 11 176 -2.2% 3 618 3 502 3 410 3 398 -0.4% 2 848 2 788 2 683 2 591 -3.4% 5 627 5 473 5 330 5 188 -2.7% EE IE 7 349 7 209 7 314 2 078 2 008 2 117 1 919 1 861 1 807 3 351 3 340 3 390 EL ES 6 725 6 722 6 715 6 911 +2.9% 2 504 2 507 2 488 2 626 +5.6% 990 978 930 975 +4.9% 3 230 3 237 3 297 3 310 +0.4% FR 18 737 18 470 18 200 17 863 -1.9% 5 125 5 227 5 144 5 134 -0.2% 3 417 3 229 3 249 3 158 -2.8% 10 195 10 014 9 808 9 571 -2.4% HR IT 6 170 6 016 6 116 6 174 +0.9% 1 757 1 746 1 746 1 762 +0.9% 1 466 1 409 1 458 1 476 +1.2% 2 948 2 861 2 912 2 936 +0.8% CY LV LT LU HU MT NL 3 897 3 750 3 766 3 733 -0.9% 1 560 1 536 1 558 1 523 -2.2% 520 460 446 480 +7.6% 1 817 1 754 1 762 1 730 -1.8% AT 1 907 1 873 1 844 1 846 +0.1% 606 596 588 596 +1.4% 433 425 416 413 -0.7% 869 853 841 838 -0.4% PL 6 201 6 358 6 344 1 686 1 771 1 729 1 734 1 768 1 796 2 781 2 820 2 819 PT 1 722 1 712 1 751 529 524 557 274 267 264 919 921 929 RO 2 002 1 963 1 915 444 428 418 236 230 217 1 322 1 305 1 280 SI SK FI SE 1 507 1 466 1 454 475 451 462 381 380 362 651 636 630 EU 72 320 71 220 70 748 49 206 -0.8% 21 631 21 512 21 451 15 556 +0.7% 15 003 14 559 14 389 9 379 -1.0% 35 687 35 149 34 908 24 271 -1.6% UK 9 891 9 739 9 615 2 908 2 857 2 878 2 479 2 448 2 412 4 504 4 434 4 324 Source : EStat Newcronos EU %Var is calculated considering only countries available in 2020 AND 2021
23 September 2021 L I V E S T O C K EU E V O L U T I O N
JUNE SURVEY T O T A L B O V I N E
May/Jun %Var %Var %Var TOTAL COWS DAIRY COWS OTHER COWS 2021 2021 2021 1000 Hd 2018 2019 2020 2021 2020 2018 2019 2020 2021 2020 2018 2019 2020 2021 2020 BE 968 960 954 532 536 544 435 425 409 BG CZ DK 667 654 653 647 -0.9% 575 567 567 565 -0.4% 91 87 86 82 -4.7% DE 4 830 4 720 4 609 4 517 -2.0% 4 167 4 067 3 969 3 892 -2.0% 663 653 640 626 -2.3% EE IE 2 529 2 505 2 551 1 481 1 505 1 568 1 048 1 000 983 EL ES 2 865 2 854 2 927 2 954 +0.9% 825 815 810 819 +1.1% 2 040 2 039 2 117 2 135 +0.9% FR 7 652 7 546 7 442 7 315 -1.7% 3 512 3 471 3 403 3 331 -2.1% 4 141 4 075 4 039 3 984 -1.4% HR IT 2 192 2 110 2 130 2 161 +1.4% 1 904 1 840 1 844 1 852 +0.4% 288 270 286 309 +8.0% CY LV LT LU HU MT NL 1 685 1 641 1 651 1 628 -1.4% 1 622 1 578 1 593 1 572 -1.3% 63 63 58 56 -4.5% AT 740 726 716 715 -0.2% 538 525 523 531 +1.6% 202 201 193 184 -5.0% PL 2 429 2 461 2 468 2 233 2 221 2 218 196 240 250 PT 745 742 757 244 238 239 501 504 517 RO 1 197 1 179 1 160 1 184 1 162 1 145 12 17 15 SI SK FI SE 534 516 511 319 306 302 214 210 209 EU 29 034 28 612 28 529 19 936 -1.0% 19 137 18 831 18 725 12 562 -1.2% 9 896 9 782 9 804 7 375 -0.6% UK 3 441 3 398 3 359 1 883 1 871 1 850 1 558 1 527 1 509 Source : EStat Newcronos EU %Var is calculated considering only countries available in 2020 AND 2021
23 September 2021 P R O D U C T I O N % E V O L U T I O N H E A D S
Jan-Jun 21/20 + 20 % + 20 % HEADS
EU EU : + 0.1% +16.3% +13.5% Bull +0.9%
+ 10 % + 10 % +6.2%
Bullock -4.2% +6.1%
+6.0%
+2.7%
+2.4%
+1.8%
+1.7%
+1.5% +1.0%
Cow +1.5% +1.0%
+0.6%
+0.3% +0.2%
0% 0%
0.3%
0.5%
- 0.7%
Heifer +0.2% -
-
1.6%
1.7%
-
-
2.6%
-
3.4%
3.7%
-
-
4.5% - Calve -2.2%
- 10 % 7.5% - 10 %
-
8.9% - Young cattle +0.3%
Meat of bovine +0.1% - 20 % - 20 % animals BE BG CZ DK DE EE IE EL ES FR HR IT CY LV LT LU HU MT NL AT PL PT RO SI SK FI SE Estimates for last month of period : Source : EStat - Newcronos
23 September 2021 P R O D U C T I O N % E V O L U T I O N T O N N E S
Jan-Jun 21/20 + 40 % + 40 % TONNES EU EU : - 0.5%
Bull -0.7% + 30 % + 30 %
+22.0% +21.7% Bullock -4.5% + 20 % + 20 %
Cow +0.1%
+ 10 % +9.5% + 10 %
+7.1%
+6.3% +6.0%
Heifer -0.2% +5.2%
+2.8%
+2.6%
+2.3%
+1.1%
+0.6% +0.6% 0% 0%
Calve -0.2%
0.0%
0.1%
0.4%
-
-
-
1.4%
1.5%
1.9%
-
-
2.4%
-
2.5%
-
-
3.3%
-
4.1%
- 5.2%
Young cattle -0.8% - 10 % - - 10 %
7.2%
-
8.5%
8.8%
- - Meat of bovine -0.5% - 20 % - 20 % animals BE BG CZ DK DE EE IE EL ES FR HR IT CY LV LT LU HU MT NL AT PL PT RO SI SK FI SE Estimates for last month of period : Source : EStat - Newcronos
23 September 2021 P R O D U C T I O N H I S T O R I C T O N N E S
Beef & Veal Production (EU Slaughtering) - Tonnes 700 2 0 1 9 2 0 2 0 2 0 2 1 600
500 s e n n 400 o T 0 0 300 .0 1 200
100
0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Source : EStat-Newcronos
23 September 2021 P R I C E S Dashboard C A R C A S S E S
Evolution Evolution since Evolution since since EU Prices week 36 last week last year last month
Average A/C/Z -R3 391.7 + 0.7% + 1.3% + 11.3%
Young Bovines (Z) 382.6 + 0.6% + 1.5% + 0.6%
Young Bulls (A) 389.2 + 0.8% + 2.0% + 11.2%
Steers (C) 414.1 + 0.3% - 1.5% + 13.3%
€/100 kg Carcasse Cows (D) 330.8 - 0.0% + 1.1% + 17.9%
Heifers (E) 404.6 + 0.3% + 0.5% + 10.2%
Male Calves Dairy Type 97.92 - 2.7% - 2.8% + 30.1%
Male Calves Beef Type 224.0 €/head + 2.1% - 0.1% + 12.1%
Young Store Cattle 2.65 + 1.0% + 1.6% + 10.2%
Yearling Male Store Cattle 2.51 + 6.2% + 7.3% + 10.9% €/kg
Yearling Female Store Cattle 2.53 + 1.2% + 1.8% + 6.9% LiveAnimals
Calves slaughtered <8M 526.3 €/100 + 3.4% + 7.6% + 22.6%
Sources : MSs notifications (Regulation (EU) 1182/2017 and 1184/2017
23 September 2021 P R I C E S EU E V O L U T I O N C A R C A S E S A / C / Z . R3
EU ACZ R3 Price Comparison between average monthly price September 2020 - August 2021 compared to September 2019 - August 2020 ACZ - R 3 > Wk.36-2021 % of Reference Price €/100 kg cwe 190%
HU-8.89% 180% 400.4 SK -2.97% IT -2.27% SI -1.77% 170% 378.1 FI -1.60% PT -1.46% 160% 355.9 SP -0.50% DK -0.42%
FR -0.33% 150% 333.6 HR +0.89%
BE +1.39% Source : Member States ACZ - R 3 > Wk.36-2021 140% 311.4 CZ +1.42% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec GR +1.71% 2018-2020 Avg 2020 2021 EE +1.96% EU +2.45% Price in week 36 : 391.72 Average price in August 2021 : 386.81 % change y/y : + 11.31% % change y/y : + 9.55% RO +2.46% % Ref. Price in wk 36 : 176.1% LT +3.60% AT +4.05% NL +5.05% LU +5.80% DE +6.78% LV +7.56% IE +9.81% PL +10.78% SE +11.19%
-0.1 -0.05 0 0.05 0.1 0.15 23 September 2021 P R I C E S EU E V O L U T I O N C A R C A S E S A / C / Z . R3
€ / 100 kg EU Beef prices ACZ - R3
500.00 470.55
450.00 429.10
Aug-20 Aug-21
407.86
401.75
391.24 391.09
400.00 386.81
384.46
382.62
375.15
372.02
370.04
367.42
363.21
361.94
361.01 356.09
350.00 339.54
328.90
319.54
318.13
310.95 303.15
300.00 291.83
250.00
200.00 196.52 Reference price 222.4 150.00
100.00
50.00
0.00 SE IE LU DE GR IT EU FR AT DK SP FI PL HR BE PT NL CZ SI RO EE LT SK LV HU
23 September 2021 P R I C E S EU E V O L U T I O N C A R C A S E S Y O U N G B U L L – A.R3
Young Bovines A - R 3 > Wk.36-2021
440 440
420 420
400 400
380 380
360 360
340 340
Young Bovines A - R 3 > Wk.36-2021 Source : Member States 320 320 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2018-2020 Avg 2020 2021
Price in week 36 : 398.19 Average price in August 2021 : 390.88 % change y/y : + 13.3% % change y/y : + 10.7% 23 September 2021 P R I C E S E.U. E V O L U T I O N C A R C A S S E S Y O U N G BOVINE 8-12M– Z.R3
In € / 100 kg Young Bovines 8-12m Z - R 3 > Wk.36-2021
440
420
400
380
360
Source : Member States 340 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC 2020 2021 2018-2020 Avg
Price in week 36 : 392.29 12/08/2021 Average price in August 2021 : 383.95 % change y/y : + 10.4% % change y/y : + 7.5%
23 September 2021 P R I C E S E.U. E V O L U T I O N C A R C A S E S S T E E R – C.R3
Bullocks C - R 3 > Wk.36-2021
500 500
475 475
450 450
425 425
400 400
375 375
350 350
325 325
Source : Member States Bullocks C - R 3 > Wk.36-2021 300 300 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2018-2020 Avg 2020 2021
Price in week 36 : 415.75 Average price in August 2021 : 418.01 % change y/y : + 12.2% % change y/y : + 11.2%
23 September 2021 P R I C E S E.U. E V O L U T I O N C A R C A S S E S C O W – D.O3
Cows D - O 3 > Wk.36-2021
340 340
320 320
300 300
280 280
260 260
240 240
Source : Member States Cows D - O 3 > Wk.36- 220 220 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2018-2020 Avg 2020 2021
Price in week 36 : 330.89 Average price in August 2021 : 327.78 % change y/y : + 17.9% % change y/y : + 16.5%
23 September 2021 P R I C E S EU E V O L U T I O N C A R C A S E S H E I F E R – E.R3
Heifers E - R 3 > Wk.36-2021
430 430
410 410
390 390
370 370
350 350
330 330
Heifers E - R 3 > Wk.36-2021 Source : Member States 310 310 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2018-2020 Avg 2020 2021
Price in week 36 : 404.62 Average price in August 2021 : 402.27 % change y/y : + 10.2% % change y/y : + 9.3%
23 September 2021 P R I C E S EU E V O L U T I O N C A R C A S E S All CAT GLOBAL VIEW
450.00
400.00
350.00
300.00
250.00 A/C/Z-R3 Z-R3 A-R3 C-R3 D-O3 E-R3 200.00
23 September 2021 P R I C E S EU E V O L U T I O N L I V E B O V I N E S STORE CATTLE
Store cattle (€/100 kg live weight) Young Store Cattle Prices 2.70
2.60
2.50
2.40
2.30
2.20
2.10
2.00
1.90
Young Store Cattle Yearling Male Store Cattle Yearling Female Store Cattle
Young Store Cattle Price in Week 36 2.65 Yearling Male Store Cattle Price 2.51 Change y/y ####### Change y/y +10.85% Yearling Female Store Cattle Price 2.53 Change y/y +6.92% 23 September 2021 P R I C E S EU E V O L U T I O N L I V E B O V I N E S Male Calves – 8D4W
Male calves aged between 8 days and 4 weeks (€/head)
Male Rearing Calves Prices 300.00
250.00
200.00
150.00
100.00
50.00 Male Calves Dairy Type Male Calves Beef Type
0.00
Male Rearing Calves Beef type Male Rearing Calves Dairy type Price in Week 36 224.07 Price in Week 36 97.92 Change y/y +12.06% Change y/y +30.13% 23 September 2021 P R I C E S EU E V O L U T I O N L I V E B O V I N E S Butcher Calves
Calves slaughtered before the age of less than 8 months (€/100 kg cw)
Calves Slaughtered before the Age of 8 Months 600
500
400
300
200
100
0
Price in Week 36 526.37 € / 100 kg of carcasse weight 23 September Change y/y +22.58% 2021 REMAINDERS
Remainder for dairy calves fattening 400
350
300
250
200 € / 100/ kg €
150
100
50 99.35
0
Remainder Cost animal purchase Cost main feed ingredients AO2 carcass price Average remainder
23 September 2021 REMAINDERS
Remainder for beef type calves fattening 450
400
350
300
250
€ / 100/ kg € 200
150
100
128.16 50
0
Remainder Cost animal purchase Cost main feed ingredients AR3 carcass price Average remainder
23 September 2021 REMAINDERS
Remainder for young store cattle fattening 450
400
350
300
250
€/100Kg 200
150
100
50 40.45 0
Remainder Cost animal purchase Cost main feed ingredients AR3 carcass price Average remainder
23 September 2021 T R A D E EU E X P O R T S Beef & Live Animals EU Exports of Beef and Live Animals (1): Trade figures (COMEXT – tonnes cwe) Destinations 2017 2018 2019 2020 Jan-Jul 21 Compared tonnes % tonnes % tonnes % tonnes % tonnes % to Israel 44 196 6.1% 47 774 6.8% 49 629 7.1% 56 965 8.1% 39 429 9.4% + 29.6% Hong Kong 76 086 10.5% 55 537 7.9% 46 748 6.7% 56 860 8.1% 30 200 7.2% + 2.8% Ghana 37 744 5.2% 36 766 5.2% 39 196 5.6% 47 408 6.7% 28 847 6.9% + 6.4% Philippines 37 102 5.1% 28 766 4.1% 34 158 4.9% 39 920 5.7% 27 966 6.7% + 19.2% Bosnia-Herz. 34 711 4.8% 38 762 5.5% 41 119 5.9% 35 758 5.1% 22 903 5.5% + 16.3% Switzerland 26 708 3.7% 23 761 3.4% 25 188 3.6% 29 996 4.3% 19 409 4.6% + 19.2% Ivory Coast 36 038 5.0% 36 064 5.1% 33 396 4.8% 32 460 4.6% 18 852 4.5% - 3.9% Algeria 26 305 3.6% 35 410 5.0% 57 152 8.2% 39 416 5.6% 18 617 4.5% - 24.7% Lebanon 38 322 5.3% 42 542 6.1% 36 393 5.2% 33 656 4.8% 13 479 3.2% - 24.5% Norway 12 850 1.8% 7 925 1.1% 7 667 1.1% 12 936 1.8% 13 305 3.2% + 77.1% Libya 27 848 3.8% 27 878 4.0% 24 541 3.5% 21 971 3.1% 12 096 2.9% - 14.6% Japan 4 281 0.6% 3 452 0.5% 8 007 1.1% 11 885 1.7% 11 125 2.7% + 39.4% Canada 2 424 0.3% 2 225 0.3% 6 806 1.0% 20 475 2.9% 9 863 2.4% - 21.0% Kosovo 6 377 0.9% 6 693 1.0% 10 279 1.5% 10 912 1.5% 9 482 2.3% + 74.1% Ukraine 7 331 1.0% 10 465 1.5% 13 836 2.0% 15 857 2.3% 8 739 2.1% + 5.8% North Macedonia 8 257 1.1% 10 191 1.5% 11 975 1.7% 10 686 1.5% 7 934 1.9% + 31.3% Other Destinations 300 941 41.4% 287 670 41.0% 254 155 36.3% 227 218 32.3% 125 534 30.0% Total (without UK) 727 522 701 882 700 245 704 379 417 779 % change - 4% - 0% + 1% + 4.8%
23 September 2021 T R A D E EU E X P O R T S Beef EU Exports of Beef: Trade figures (COMEXT – tonnes cwe) Destinations
2017 2018 2019 2020 Jan-Jul 21 Compared tonnes % tonnes % tonnes % tonnes % tonnes % to Hong Kong 76 086 15.5% 55 537 11.9% 46 748 9.8% 56 860 11.6% 30 200 10.1% + 2.8% Ghana 37 744 7.7% 36 766 7.9% 39 196 8.2% 47 408 9.7% 28 847 9.7% + 6.4% Philippines 37 102 7.5% 28 766 6.2% 34 158 7.2% 39 920 8.1% 27 966 9.4% + 19.2% Bosnia-Herz. 32 181 6.5% 36 152 7.7% 38 806 8.2% 33 459 6.8% 21 428 7.2% + 15.3% Ivory Coast 36 028 7.3% 36 064 7.7% 33 396 7.0% 32 460 6.6% 18 852 6.3% - 3.9% Switzerland 25 570 5.2% 22 711 4.9% 24 110 5.1% 28 941 5.9% 18 543 6.2% + 18.9% Norway 12 849 2.6% 7 922 1.7% 7 667 1.6% 12 936 2.6% 13 305 4.5% + 77.1% Israel 18 750 3.8% 22 163 4.7% 23 026 4.8% 21 967 4.5% 13 024 4.4% + 1.9% Japan 4 281 0.9% 3 452 0.7% 8 007 1.7% 11 885 2.4% 11 125 3.7% + 39.4% Canada 2 424 0.5% 2 225 0.5% 6 806 1.4% 20 475 4.2% 9 863 3.3% - 21.0% Ukraine 6 926 1.4% 9 887 2.1% 12 893 2.7% 14 861 3.0% 8 107 2.7% + 5.3% North Macedonia 11 285 2.3% 10 002 2.1% 11 395 2.4% 10 551 2.1% 7 858 2.6% + 33.0% USA 3 756 0.8% 5 458 1.2% 7 867 1.7% 12 310 2.5% 7 217 2.4% + 8.1% South Africa 4 555 0.9% 7 214 1.5% 5 442 1.1% 7 743 1.6% 6 649 2.2% +++ Vietnam 12 146 2.5% 8 163 1.7% 10 014 2.1% 6 367 1.3% 4 762 1.6% + 36.5% Angola 10 982 2.2% 11 470 2.5% 8 410 1.8% 9 410 1.9% 3 932 1.3% - 16.2% Other Destinations 159 714 32.4% 162 871 34.9% 157 379 33.1% 123 328 25.1% 66 227 22.2% Total (without UK) 492 379 466 824 475 318 490 881 297 905 % change - 5% + 2% + 3% + 5.0%
23 September 2021 T R A D E EU E X P O R T S EU Exports of Beef and Live Animals: Beef & Live Animals Trade figures (COMEXT)
EU EXPORTS of Beef & Veal (Tonnes cwe) EU EXPORTS of Beef & Veal (Million EUR) to to Extra EU without UK Extra EU without UK 450 000 1 600 417 779 397 248 398 516 1 366 400 000 1 309 1 271 1 400
350 000 1 200
300 000 268 435 1 000 271 117 268 450 250 000 954 967 939 800 200 000
Tonnescw 600 150 000 22 903 19 694 23 471 27 966 400 23 457 100 000 19 448 49 Millions Euros 28 847 28 27 121 2031 41 30 200 25 78 200 28 389 29 369 50 000 75 68 190 32 177 30 426 39 429 151 144 0 0 Jan-Jul 19 Jan-Jul 20 Jan-Jul 21 Jan-Jul 19 Jan-Jul 20 Jan-Jul 21
Israel Hong Kong Ghana Israel Hong Kong Ghana
Philippines Bosnia-Herz. Other destinations Philippines Bosnia-Herz. Other destinations
23 September 2021 T R A D E EU E X P O R T S B e e f P r o d u c t s
EU Exports of BEEF products to Extra EU without UK (Comext) 80 000
70 000
60 000
50 000
40 000
30 000 cwe Tonnes in
20 000
10 000
0 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
LIVE ANIMALS FRESH FROZEN PREPARED OTHERS 23 September 2021 T R A D E EU E X P O R T S L i v e A n i m a l s
EU Exports of BEEF Live Animals by Partner for the Period Jan-Jul 2021 EU Exports of BEEF Live Animals by Partner for the Period Jan-Jul 2021 700 000 900
617 033 795 800 600 000 555 524 536 072 696 700 504 083 644 500 000 592 600 568
400 000 500
300 000 400
Millions Millions Euros 300 Number of HeadsNumber of 200 000
200
100 000 100
0 0 2018 2019 2020 2021 2017 2018 2019 2020 2021 Israel Algeria Lebanon Libya Turkey Kosovo Russia Others Israel Algeria Lebanon Libya Turkey Kosovo Russia Others
23 September 2021 T R A D E EU I M P O R T S Beef & Live Animals
EU Imports of Beef and Live Animals (1): Trade Figures (COMEXT – tonnes cwe) Origins 2017 2018 2019 2020 Jan-Jul 21 Compared tonnes % tonnes % tonnes % tonnes % tonnes % to Brazil 86 927 33.9% 103 979 37.3% 99 569 36.4% 84 172 37.6% 45 818 36.3% - 4.4% Uruguay 52 078 20.3% 47 922 17.2% 40 483 14.8% 34 595 15.5% 27 951 22.2% + 30.4% Argentina 49 259 19.2% 61 400 22.0% 65 324 23.9% 56 421 25.2% 27 248 21.6% - 10.3% USA 21 624 8.4% 19 268 6.9% 16 852 6.2% 16 532 7.4% 7 275 5.8% - 20.5% Australia 18 193 7.1% 17 368 6.2% 16 516 6.0% 11 058 4.9% 6 433 5.1% - 21.8% Switzerland 5 105 2.0% 5 413 1.9% 4 401 1.6% 4 197 1.9% 2 568 2.0% + 15.1% New Zealand 6 806 2.7% 7 165 2.6% 6 726 2.5% 6 145 2.7% 2 306 1.8% - 36.0% Paraguay 5 922 2.3% 5 520 2.0% 5 203 1.9% 4 234 1.9% 1 935 1.5% - 21.9% N.det.Extra 72 0.0% 127 0.0% 196 0.1% 94 0.0% 1 302 1.0% +++ Canada 512 0.2% 1 343 0.5% 2 518 0.9% 1 550 0.7% 998 0.8% + 95.8% Japan 645 0.3% 791 0.3% 997 0.4% 789 0.4% 627 0.5% + 80.3% Serbia 565 0.2% 1 134 0.4% 1 062 0.4% 931 0.4% 471 0.4% - 12.3% Namibia 5 043 2.0% 3 442 1.2% 7 706 2.8% 1 445 0.6% 450 0.4% - 56.5% Norway 388 0.2% 153 0.1% 129 0.0% 336 0.2% 269 0.2% +++ Botswana 2 686 1.0% 3 119 1.1% 4 950 1.8% 788 0.4% 141 0.1% - 65.2% Chile 319 0.1% 356 0.1% 392 0.1% 168 0.1% 107 0.1% - 4.5% Other Destinations 579 0.2% 318 0.1% 287 0.1% 298 0.1% 277 0.2% Total (without UK) 256 724 278 818 273 312 223 752 126 174 % change + 9% - 2% - 18% - 2.0%
23 September 2021 T R A D E EU I M P O R T S EU Imports of Beef and Live Animals (2): Beef & Live Animals Trade Figures (COMEXT)
IMPORTS of Beef & Veal into EU IMPORTS of Beef & Veal into EU (Tonnes cwe) from Extra EU without UK (Million EUR) from Extra EU without UK 180 000 1 200 166 173 1 008 160 000 18 271 1 000 120 128 717 126 174 140 000 11 968 89 788 11 564 11 450 120 000 733 800 108 81 36 900 In 9 151 7 275 100 000 67 84 Tonnes 62 27 248 cwe 88 600 30 387 80 000 263 71 28 653 193 167 27 951 60 000 400
21 434 Euros Millions In 172 40 000 135 147 59 008 200 47 950 45 818 20 000 255 225 203 0 0 Jan-Jul 19 Jan-Jul 20 Jan-Jul 21 Jan-Jul 19 Jan-Jul 20 Jan-Jul 21
Brazil Uruguay Argentina USA Australia Other Destinations Brazil Uruguay Argentina USA Australia Other Destinations
23 September 2021 T R A D E EU I M P O R T S B e e f P r o d u c t s
EU Imports of BEEF products from Extra EU without UK 40 000
35 000
30 000
25 000
20 000 in Tonnes cwe Tonnes in 15 000
10 000
5 000
0 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
23 September 2021 FRESH FROZEN PREPARED OTHERS E U T R A D E with U K EU E X P O R T S B e e f P r o d u c t s
EU Export of BEEF to UK by Products from Jan to Jun
In Tons of Carcase Weight 2019 2020 2021 % 2021/2020 United Kingdom Extra-EU % United Kingdom Extra-EU % United Kingdom Extra-EU % United Kingdom Extra-EU Live Animals 5 334 113 877 4.7% 6 099 107 581 5.7% 6 064 113 275 5.4% -0.6% +5.3% Meats 214 455 442 926 48.4% 187 768 428 331 43.8% 147 173 398 277 37.0% -21.6% -7.0% Fresh 116 964 169 323 69.1% 109 430 158 214 69.2% 85 879 140 665 61.1% -21.5% -11.1% Frozen 29 346 94 570 31.0% 23 343 107 390 21.7% 31 994 120 161 26.6% +37.1% +11.9% Salted Meat 11 128 11 748 94.7% 10 342 11 083 93.3% 326 1 061 30.8% -96.8% -90.4% Prepared 22 861 36 609 62.4% 21 614 35 878 60.2% 17 485 31 094 56.2% -19.1% -13.3% Fresh Offals 11 110 12 598 88.2% 9 837 11 385 86.4% 2 489 3 800 65.5% -74.7% -66.6% Frozen Offals 8 287 89 491 9.3% 7 104 87 461 8.1% 5 570 85 206 6.5% -21.6% -2.6% Salted Offals 13 713 23 409 58.6% 5 464 11 329 48.2% 121 4 647 2.6% -97.8% -59.0% Prepared Offal 296 368 80.4% 228 328 69.7% 161 219 73.6% -29.6% -33.3% Fat 750 4 810 15.6% 406 5 264 7.7% 3 149 11 424 27.6% +674.8% +117.0% Total Beef 219 788 556 803 39.5% 193 867 535 912 36.2% 153 237 511 552 30.0% -21.0% -4.5% Source : Comext
23 September 2021 E U T R A D E with U K EU I M P O R T S B e e f P r o d u c t s
EU Import of BEEF from UK by Products from Jan to Jun
In Tons of Carcase Weight 2019 2020 2021 % 2021/2020 United Kingdom Extra-EU % United Kingdom Extra-EU % United Kingdom Extra-EU % United Kingdom Extra-EU Live Animals 1 516 1 592 95.2% 954 1 002 95.2% 420 506 83.1% -56.0% -49.5% Meats 76 330 209 417 36.4% 60 977 166 624 36.6% 36 706 143 404 25.6% -39.8% -13.9% Fresh 53 035 131 778 40.2% 38 670 97 134 39.8% 23 427 78 562 29.8% -39.4% -19.1% Frozen 12 369 55 639 22.2% 11 175 47 104 23.7% 7 573 50 020 15.1% -32.2% +6.2% Salted Meat 483 1 746 27.7% 302 1 491 20.3% 111 1 601 6.9% -63.2% +7.4% Prepared 4 282 12 899 33.2% 4 387 13 357 32.8% 2 772 9 236 30.0% -36.8% -30.9% Fresh Offals 1 806 2 482 72.8% 1 806 2 439 74.1% 1 947 2 561 76.0% +7.8% +5.0% Frozen Offals 2 602 3 011 86.4% 2 798 3 198 87.5% 415 893 46.5% -85.2% -72.1% Salted Offals 931 933 99.9% 1 129 1 131 99.8% 13 14 90.6% -98.9% -98.8% Prepared Offal 72 83 85.8% 21 33 63.7% 5 13 42.4% -74.0% -60.9% Fat 751 845 88.9% 688 736 93.5% 442 504 87.8% -35.7% -31.6% Total Beef 77 846 211 009 36.9% 61 931 167 626 36.9% 37 126 143 910 25.8% -40.1% -14.1% Source : Estat - Comext
23 September 2021 T R A D E EU T R A D E B A L A N C E Beef & Live Animals
Trade Balance of Beef Products and Live Animals (without UK) 1 000
900 IMPORTS EXPORTS
800
728
704
702 700
674 700
600
500 418
400
279 274
273 300
257
1000 Tonnes 1000 224
200 126 100
0
2016 2018 2017 2019 2020 Jan-Jul 21 Jan-Jul
23 September 2021 Trade Balance of Beef Products (Except Live Animals) without UK 600
IMPORTS EXPORTS 492
491 500
475
467 454
400 298
288 300
279
274
260 242
200
1000 Tonnes 1000 126
100
0
2016 2018 2017 2019 2020 Jan-Jul 21 Jan-Jul 23 September 2021 T R A D E EU T R A D E B A L A N C E Beef & Live Animals
Trade Balance of Beef Products and Live Animals (without UK)
3 000 Imports Exports
2 423 2 401 2 500 2 255
2 000
1 684 1 682 1 644
1 500
1 339 1 366 Millions Euros 973 1 000
733
500
0 2017 2018 2019 2020 Jan-Jul 21
23 September 2021 Trade Balance of Beef Products (Except Live Animals) without UK
1 800 1 684 1 681 1 644 Imports Exports 1 600
1 339 1 400
1 183 1 182 1 155 1 153 1 200
1 000
774
733 800 Millions Euros Millions
600
400
200
0 2017 2018 2019 2020 Jan-Jul 21
23 September 2021 Imports in and out of TRQs
EU Imports of Beef and Beef Products from Third Countries 35 000
30 000
25 000
20 000 Tons 15 000
10 000
5 000
-
Jul-16 Jul-17 Jul-18 Jul-19 Jul-20 Jul-21
Jan-16 Jan-17 Jan-18 Jan-19 Jan-20 Jan-21
Sep-18 Sep-19 Sep-20 Sep-16 Sep-17 Sep-21
Nov-20 Nov-16 Nov-17 Nov-18 Nov-19
Mar-19 Mar-20 Mar-16 Mar-17 Mar-18 Mar-21
May-21 May-16 May-17 May-18 May-19 May-20
Out of Quota Quota
23 September 2021 Imports in and out of TRQs
EU Imports of Beef and Beef Products from Third Countries 250 000
200 000
150 000
100 000 Thousand Euros Thousand
50 000
-
Jul-17 Jul-20 Jul-16 Jul-18 Jul-19 Jul-21
Jan-16 Jan-19 Jan-17 Jan-18 Jan-20 Jan-21
Sep-18 Sep-20 Sep-16 Sep-17 Sep-19 Sep-21
Nov-18 Nov-16 Nov-17 Nov-19 Nov-20
Mar-17 Mar-20 Mar-16 Mar-18 Mar-19 Mar-21
May-17 May-20 May-16 May-18 May-19 May-21
Out of Quota Quota
23 September 2021 Imports in and out of TRQs
EU Imports of Beef and Beef Products from Mercosur (in Tons of Carcase Weight) 25 000
20 000
15 000
10 000
5 000
-
Out of Quota Quota
23 September 2021 Imports in and out of TRQs
EU Imports of Beef and Beef Products from Mercosur (in Thousand Euros) 160 000
140 000
120 000
100 000
80 000
60 000
40 000
20 000
0
Out of Quota Quota
23 September 2021 High Quality Beef
Import Quotas Quota ergaomnes Regulation (EU) No 481/2012
2019-Q3 2019-Q4 2020-Q1 2020-Q2 TOTAL Period 2019-2020 11 246 11 259 10 825 8 599 41 930 Available 11 250 11 250 11 250 11 250 45 000 Use 99.97% 100.00% 96.22% 76.44% 93.18% Available after transfer 11 250 11 254 11 241 11 675 99.97% 100.00% 96.30% 73.66%
2020-Q3* 2020-Q4 2021-Q1 2021-Q2 TOTAL Period 2020-2021 6 652 6 542 5 467 5 500 24 162 Available 6 625 6 625 5 500 5 500 45 000 Use 100.00% 98.75% 99.41% 100.00% 53.69% Available after transfer 11 250 6 598 5 583 5 533 59.13% 99.16% 97.93% 99.41% 2021-Q3* 2021-Q4 2022-Q1 2022-Q2 TOTAL Period 2021-2022* 5 502 - - - 5 502 Available 5 500 5 500 4 900 4 900 45 000 Use 100.00% 0.00% 0.00% 0.00% 12.23% Available after transfer 5 500 5 498 10 400 9 800 100.00% 0.00% 0.00% 0.00% * Until 14.09.2021 0 0 0 12 000
10 000
8 000
6 000
4 000
0 0 0 2 000
- Q3 Q4 Q1 Q2 23 September Period 2019-2020 Period 2020-2021 Period 2021-2022* 2021 High Quality Beef Import Quotas
Origin GATT 2020-2021 2020-Q3 2020-Q4 2021-Q1 2021-Q2 Total NL 2 785 2 274 1 848 2 026 8 933 IT 174 404 263 228 1 069 BE 417 330 96 394 1 237 DE 305 124 98 72 598 EU use of Import Quota 09-2203 ES - - 2 15 17 Total import within Quota 3 680 3 132 2 306 2 735 11 853 2 000 1 897 NL IT BE DE ES Available 4 625 4 625 4 625 4 625 18 500 1 800 Use 79.57% 67.72% 49.87% 59.13% 64.07% 1 600 After transfer 4 625 5 570 6 118 6 944 1 401 Use 79.57% 56.23% 37.70% 39.39% 1 334 1 400 1 260 1 237 1 157 1 137 1 200 1 0961 132 1 085 1 118 972 Origin GATT 2021-2022 1 000 914 2021-Q3 2021-Q4 2022-Q1 2022-Q2 Total 758755 800 637 645 NL 1 851 627 478 IT 151 600 421 BE 262
Tonnes of Product Weight of Product Tonnes 400 239 DE 169 ES 15 200 Total import within Quota 2 449 0 Available 5 750 5 750 6 350 6 350 24 200
Use 42.59%
Jul Jul 20 Jul Jul 21
Jan Jan 20 Jan Jan 21
Jun Jun 20 Jun 21
Oct 20 Oct
Apr 21 Apr Apr 20Apr
Feb 20 Feb 21
Sep Sep 20 Sep 21
Dec Dec 20
Aug Aug 20 Aug Aug 21
Nov Nov 20
Mar Mar 20 Mar 21 May 21 May After transfer 5 750 20 May Use 42.59% 23 September 2021 W O R L D E.U. + UK I M P O R T S B E E F M A R K E T BEEF MAIN IMPORTERS
Main Importers of BEEF Products (up to July). Source : GTA * Excluding live animals (0102), fats, preparations of several types of meat (0209, 0210 99 and 1602 90)
2 000
China + H. Kong Kong H. + China 1 800 China + H. Kong Kong H. + China 1 600
1 400
1 200
1 000
United States States United United States States United 800 1000 in Tonnes Qty
600
Japan Japan
Japan Japan Singapore Singapore
Singapore Singapore 400
South Korea Korea South
South Korea Korea South
United Kingdom HMRC HMRC Kingdom United
Russia (up to Jun) Jun) to (up Russia
United Kingdom HMRC HMRC Kingdom United
EU EU
Mexico (up to Jun) to Jun) (up Mexico
Mexico (up to Jun) to Jun) (up Mexico Russia (up to Jun) Jun) to (up Russia
EU EU 200
No 2103 figures available for : Mexico, Taiwan, 0Chile, ... 2020 (up to July). 2021 (up to July).
23 September 2021 W O R L D E.U. + UK E X P O R T S B E E F M A R K E T BEEF MAIN EXPORTERS Main Exporters of BEEF Products (up to July). Source : GTA * Excluding live animals (0102), fats, preparations of several types of meat (0209, 0210 99 and 1602 90)
1 200
Brazil Brazil
Brazil Brazil Australia Australia
United States States United 1 000
United States States United Australia Australia
800
India (up to Jun) to Jun) (up India 600
New Zealand Zealand New
Qty in 1000 Tonnes 1000in Tonnes Qty
Argentina Argentina
EU EU Canada Canada
Argentina Argentina
New Zealand Zealand New India (up to Jun) to Jun) (up India
EU EU 400
Canada Canada
Uruguay Uruguay
Paraguay Paraguay Uruguay Uruguay
Paraguay Paraguay 200
Mexico (up to Jun) to Jun) (up Mexico Mexico (up to Jun) to Jun) (up Mexico
0 2020 (up to July). 2021 (up to July).
23 September 2021 W O R L D STEER PRICES B E E F M A R K E T EU, US, AUS, NZ
World Beef Prices 600 €
500 €
GB
AUS : 430.97 400 € EU : 391.72 URU : 389.33 US : 375.52 NZ : 342.89 BRA : 322.35
300 € ARG : 312.17 €/100Kg
200 €
100 €
0 €
Jul-15 Jul-18 Jul-19 Jul-20 Jul-21 Jul-16 Jul-17
Jan-16 Jan-19 Jan-20 Jan-15 Jan-17 Jan-18 Jan-21
Oct-15 Oct-16 Oct-17 Oct-18 Oct-19 Oct-20
Apr-15 Apr-17 Apr-18 Apr-20 Apr-21 Apr-16 Apr-19
ECB http://sdw.ecb.europa.eu/browse.do?node=2018794 US https://www.marketnews.usda.gov/mnp/ls-home AUS http://statistics.mla.com.au/Report/RunReport/ae59d4ac-74e4-4c56-93bd-982a044d9760 UY http://www.inac.gub.uy/innovaportal/v/11034/10/innova.front/indicadores-y-precios ARG http://www.abc-consorcio.com.ar/Estadisticas/detalle/117/precios_comparativos_del_novillo.html 23 September BR http://www.pecuaria.com.br/cotacoes.php 2021 NZ http://www.abc-consorcio.com.ar/Estadisticas/detalle/117/precios_comparativos_del_novillo.html 23 September 2021
THANK YOU VERY MUCH More Information at: EU Market Observatory https://ec.europa.eu/agriculture/market- observatory/meat_en And Agri-FOOD data portal: http://agridata.ec.europa.eu/ Thank you
© European Union 2020
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