Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Italy - 2023

Contents:

1. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Italy (FOB) - 2023
2. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Italy (CIF) - 2022
3. Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Italy
4. Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Italy

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Italy (FOB) - 2023

The average export price for offal, edible; of bovine animals, livers, frozens stood at $1,062 per ton in November 2023, with a decrease of -2.8% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 69% against the previous month. As a result, the export price reached the peak level of $1,741 per ton. From February 2023 to November 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($1,485 per ton), while the average price for exports to Cote d'Ivoire ($738 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guinea-Bissau (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Italy (CIF) - 2022

In 2022, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $3,085 per ton, shrinking by -23.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 36%. The import price peaked at $4,025 per ton in 2021, and then fell remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($4,974 per ton), while the price for Denmark ($992 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Italy

In 2022, the amount of offal, edible; of bovine animals, livers, frozens exported from Italy skyrocketed to 3.2K tons, increasing by 20% on the previous year. The total export volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of offal, edible; of bovine animals, livers, frozens skyrocketed to $3.7M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Offal, Edible; of Bovine Animals, Livers, Frozen from Italy in 2022:

1. Angola (1163.9 tons)
2. Mozambique (843.5 tons)
3. Cote d'Ivoire (456.7 tons)
4. France (253.9 tons)
5. Senegal (83.5 tons)
6. Canada (74.4 tons)
7. Congo (65.0 tons)
8. Greece (34.2 tons)

Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Italy

In 2022, the amount of offal, edible; of bovine animals, livers, frozens imported into Italy soared to 198 tons, growing by 382% against the year before. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of offal, edible; of bovine animals, livers, frozens soared to $610K in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Offal, Edible; of Bovine Animals, Livers, Frozen to Italy in 2022:

1. Netherlands (60.7 tons)
2. Spain (46.0 tons)
3. Poland (24.6 tons)
4. Denmark (21.5 tons)
5. Sweden (18.2 tons)
6. Ireland (15.4 tons)
7. Slovenia (6.1 tons)
8. Germany (0.9 tons)

Source: IndexBox Market Intelligence Platform