On prices for imported beef in Russia in 2019-2020

Recall that 2020 was characterized by an increase in wholesale prices for cattle and beef in RUSSIA. The prices for MEAT imported from abroad, including beef, also strengthened.

Prices for beef imported to Russia

Important! Prices here mean stat. delivery cost per ton. This figure may differ significantly from actual market prices and serves only as an indicator of market trends.

The average cost of importing chilled and frozen beef in 2020 amounted to 3,566.2 usd/t (257,536 RUB/t), which is 2.8% more than a year earlier (prices increased by 14.9% in rubles).

Consider the dynamics for chilled, frozen beef by cut.

Prices for chilled beef imported to Russia

The average prices for chilled beef imported to the Russian Federation in 2020, according to AB-Center, amounted to 3,626.4 USD / t (in terms of rubles - 262,103 RUB / t). In relation to 2019, they increased by 3.4% (in rubles - by 15.3%).

The dynamics of prices for imported chilled beef by cuts, according to the calculations of AB-Center, looked as follows:

- Carcasses and half carcasses - 3,388.5 USD/t (240,139 RUB/t). Growth in dollars - by 2.6%, in rubles - by 12.1%.

- Compensated quarters n/c - 3,096.5 USD/t (224,598 RUB/t). Decrease in dollars - 10.9%, in rubles - by 1.2%.

- Forequarters n/c - 2,817.5 USD/t (209,856 RUB/t). Decrease in dollars - by 12.5%, in rubles - by 0.5%.

Forecast of world prices for beef until 2030

- Hindquarters n/c - 3,604.9 USD/t (261,169 RUB/t). Growth in dollars by 10.4%, in rubles - by 22.4%.

- Other cuts n/a - 3,283.7 USD/t (236,263 RUB/t). Over the year, prices in dollars decreased by 2.0%, while in rubles, on the contrary, they strengthened - by 9.1%.

- Boneless meat - 3,711.5 USD/t (268,230 RUB/t). Growth in dollars - by 3.8%, in rubles - by 16.4%.

Prices for frozen beef imported to Russia

The average prices for frozen beef imported to the Russian Federation in 2020, according to the calculations of AB-Center, were at the level of 3,547.5 USD/t (in terms of rubles - 256,120 RUB/t). In relation to 2019, they increased by 2.6% (in rubles - by 14.7%).

The dynamics of prices for imported frozen beef by cuts, according to the calculations of AB-Center, looked as follows:

- Carcasses and half carcasses - 3,039.1 USD/t (214,525 RUB/t). Over the year, prices in dollars decreased by 4.1%, in rubles they strengthened by 3.6%.

- Compensated quarters n/c - 3,222.5 USD/t (222,466 RUB/t). Over the year, prices in dollars decreased by 2.8%, in rubles - increased by 3.9%.

- Forequarters n/c - 3,354.2 USD/t (214,599 RUB/t). Growth in dollars - by 4.9%, in rubles - by 2.6%.

On prices for imported beef offal by type in 2019-2020

- Other cuts n/a - 2,634.0 USD/t (194,135 RUB/t). Growth in dollars - by 130.8%, in rubles - by 163.4%.

- Fore and compensated quarters b/c - 3,629.5 USD/t (256,151 RUB/t). Growth in dollars - by 6.1%, in rubles - by 15.7%.

- Shoulder, cervico-scapular part and brisket b/c - 3,835.4 USD/t (275,114 RUB/t). Growth in dollars - by 4.8%, in rubles - by 16.7%.

- Other b/c beef - 3,539.0 USD/t (256,072 RUB/t). Growth in dollars - by 2.1%, in rubles - by 14.4%.