Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Sri Lanka - 2022

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Sri Lanka (CIF) - 2022
  2. Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Sri Lanka

Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Sri Lanka (CIF) - 2022

The average import price for offal, edible; of bovine animals, fresh or chilleds stood at $43,400 per ton in 2022, growing by 6,869% against the previous year. In general, the import price enjoyed significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for New Zealand.

From 2017 to 2022, the rate of growth in terms of prices for New Zealand amounted to +96.9% per year.

Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Sri Lanka

In 2022, the amount of offal, edible; of bovine animals, fresh or chilleds imported into Sri Lanka reduced rapidly to 240 kg, with a decrease of -98.1% compared with 2021. Overall, imports faced a dramatic shrinkage. The growth pace was the most rapid in 2021 when imports increased by 151% against the previous year. As a result, imports attained the peak of 13 tons, and then contracted rapidly in the following year.

In value terms, imports of offal, edible; of bovine animals, fresh or chilleds skyrocketed to $10K in 2022. Over the period under review, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 48% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1.55.37.910.490.7%
Singapore4.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total6.25.37.910.418.8%

Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to Sri Lanka in 2022:

  1. New Zealand (240.0 kg)

Source: IndexBox Market Intelligence Platform

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