What is the price of beef per kilogram/pound in Cyprus today?
The retail price range for Cyprus beef is between US$ 5.31 and US$ 13.02 per kilogram or between US$ 2.41 and US$ 5.91 per pound(lb). Click here to see today's exact prices of beef in Cyprus
The retail price range in Euro for beef is between EUR 4.90 and EUR 12.03 per kilogram or between EUR 2.22 and EUR 5.46 per pound(lb) in Nicosia and Larnaca.
Wholesale prices
In 2024, the approximate wholesale price range for Cyprus beef is between US$ 3.71 and US$ 9.12 per kilogram or between US$ 1.68 and US$ 4.13 per pound(lb).
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Cyprus Beef Export Prices - Historical, Trends and Prediction
The export price per kilogram of Beef from Cyprus over the last five years has seen a variety of fluctuations. In 2017, the price was at its highest at 2.51 US dollars per kilogram. This was followed by a sharp decrease in 2018 to 0.71 US dollars per kilogram. In 2019, the price rose to 0.95 US dollars per kilogram, before dropping again in 2020 to 0.82 US dollars per kilogram. 2021 saw a significant increase to 2.3 US dollars per kilogram, and the most recent year, 2022, saw a slight decrease to 2.01 US dollars per kilogram. Based on this data, it is predicted that the export price per kilogram of Beef from Cyprus in 2023 will be around 1.90 US dollars, and in 2024 will be around 1.80 US dollars.The beef exports from Cyprus are categorised as:
- Frozen, boneless meat of bovine animals (HS code 020230)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
- Fresh or chilled bovine meat, boneless (HS code 020130)
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Frozen edible bovine livers (HS code 020622)
- Frozen edible bovine tongues (HS code 020621)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
Cyprus Beef Import Prices - Historical, Trends and Prediction
The import price per kilogram of Beef into Cyprus over the last five years has been quite varied. In 2017, the price was at its highest at 2.51 US dollars per kg. This was followed by a sharp decrease in 2018 to 0.71 US dollars per kg. In 2019, the price rose slightly to 0.95 US dollars per kg, before dropping again in 2020 to 0.82 US dollars per kg. 2021 saw a significant increase to 2.3 US dollars per kg, and in 2022 the price was 2.01 US dollars per kg. Based on this data, it is predicted that the import price per kilogram of Beef into Cyprus in 2023 will be 1.90 US dollars per kg, and in 2024 it will be 1.80 US dollars per kg.Export values for Cyprus beef
The total values in export for beef in Cyprus were US$ 99, US$ 331, US$ 149 and US$ 324 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Cyprus: Pork, Mutton, Goat Meat, Horse Meat, Chicken Meat, Turkey Meat, Duck Meat, Geese Meat, Guinea Fowls Meat & Rabbit Meat.
See prices of beef in other countries across Middle East: Bahrain beef, Cyprus beef, Iraq beef, Israel beef, Jordan beef, Kuwait beef, Lebanon beef, Palestine beef, Oman beef & Qatar beef.
Cyprus beef - Production, Exports, Imports, Seasons and HS Codes
The volume of beef shipped by Cyprus in 2020 was 318 metric tonnes. In 2019 Cyprus exported 340 tonnes of beef. For 2019 alone, the demand for Cyprus beef (meat category) has gone up, with a change of 62.679 pc compared to the year 2018. Between 2017 and 2019, beef's exports grew by 157.58% netting the nation US$0.32m for the year 2019. Cyprus' beef exports are categorised as:
- Frozen, boneless meat of bovine animals (HS code 020230)
- Frozen bovine carcases and half-carcases (HS code 020210)
- Frozen edible bovine livers (HS code 020622)
- Fresh or chilled bovine cuts, with bone in (excluding carcases and 1/2 carcases) (HS code 020120)
- Fresh or chilled bovine meat, boneless (HS code 020130)
- Fresh or chilled edible offal of bovine animals (HS code 020610)
- Carcases or half-carcases of bovine animals, fresh or chilled (HS code 020110)
- Frozen bovine cuts, with bone in (excluding carcases and half-carcases) (HS code 020220)
- Frozen edible bovine offal (excluding tongues and livers) (HS code 020629)
- Frozen edible bovine tongues (HS code 020621)
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Cyprus beef export values
In 2019, Cyprus supplied beef costing 0.32m USD, a growth of 114.77% from 2018's total beef export of 0.149m USD. The annual increase in value of Cyprus beef between 2017 to 2018 was -54.985 pc.
The annual variation in the volume of Cyprus' beef exports between 2017 and 2019 was 157.58 per cent when compared to a variation of 62.679% in the growth rate between 2018 and 2019.
Export markets for Cyprus beef ( in '000$ )
Cyprus' leading export markets for beef are the Netherlands, Georgia, Liberia, Sierra Leone and Poland.
Cyprus bought 3,473 tonnes of beef in 2019.