Price for Offal, Edible; of Bovine Animals, Livers, Frozen in South Korea - 2022
Contents:
- Price for Offal, Edible; of Bovine Animals, Livers, Frozen in South Korea (CIF) - 2022
- Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in South Korea
Price for Offal, Edible; of Bovine Animals, Livers, Frozen in South Korea (CIF) - 2022
In 2022, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $1,432 per ton, declining by -1.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 an increase of 29%. As a result, import price attained the peak level of $1,457 per ton, and then fell modestly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($1,474 per ton), while the price for Australia stood at $1,430 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+1.4%).
Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in South Korea
In 2022, supplies from abroad of offal, edible; of bovine animals, livers, frozens increased by 64% to 33 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt downturn.
In value terms, imports of offal, edible; of bovine animals, livers, frozens skyrocketed to $47K in 2022. In general, imports, however, showed a deep contraction.
| Import of Offal, Edible; of Bovine Animals, Livers, Frozen in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 58.8 | 50.7 | 19.9 | 44.5 | -8.9% |
| New Zealand | 2.1 | 2.4 | 9.6 | 2.9 | 11.4% |
| Chile | N/A | 2.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 60.9 | 55.1 | 29.4 | 47.5 | -7.9% |
Top Suppliers of Offal, Edible; of Bovine Animals, Livers, Frozen to South Korea in 2022:
- Australia (31.1 tons)
- New Zealand (2.0 tons)
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