2022: Beef yearly trade review, exports up and imports down

Published 2023년 2월 17일

Tridge summary

In December 2022, the UK saw a nearly 10% decrease in beef imports compared to the previous month, totaling 21,500 tonnes. The annual beef import volume for 2022 was 233,300 tonnes, a 3.6% decrease from 2021, with the majority of the importation being boneless fresh and frozen beef primarily from the EU, especially Ireland. Despite the decrease in overall import volume, the value of these imports increased by 16% to £1.24 billion in 2022.

On the export front, the UK achieved a 20% increase in beef exports for 2022, totaling 123,700 tonnes, with a significant portion being boneless beef sent to the EU. The export value for 2022 was £540.3 million, marking a 48% increase from 2021, despite a slight dip in export volumes in the latter half of the year. The average price of imported and exported beef also rose in 2022, reaching £5,300 and £4,400 per tonne, respectively.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Beef imports for the last month of 2022 reached 21,500 tonnes, marking a near 10% decrease in volume from December 2021. The majority of the decline was driven by lower shipments from Ireland, continuing the trend seen from the months previous. For the full year of 2022, fresh and frozen beef imports totalled 233,300 tonnes, down 3.6% from the 2021 total. As the year progressed, imports were above 2021 volumes in the first two quarters, but fell below year-ago levels in the second half of the year. This is partly explained by lower-than-average trade in the first part of 2021 (immediately following EU Exit). Total beef imports are predominantly from the EU, with Ireland remaining a key market, although volumes have eased in 2022. Outside of the EU, imports from South America increased year-on-year from 2021. Looking at the product mix, boneless fresh and frozen beef remains a key import into the UK. The value of total beef imports reached £1.24 billion for the total of 2022, an ...

Source: Ahdb