Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Belgium - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Belgium (FOB) - 2023
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Belgium (CIF) - 2023
- Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Belgium
- Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Belgium
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Belgium (FOB) - 2023
The average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $1,320 per ton in October 2023, surging by 34% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was the Philippines ($2,266 per ton), while the average price for exports to Cote d'Ivoire ($770 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Belgium (CIF) - 2023
The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $10,806 per ton in October 2023, with an increase of 554% against the previous month. In general, the import price posted a significant increase. As a result, import price reached 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 October 2022 to October 2023, the rate of growth in terms of prices for the Netherlands amounted to +4.9% per month.
Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Belgium
After three years of growth, shipments abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens decreased by -48.4% to 14K tons in 2022. Over the period under review, exports, however, continue to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 67%.
In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens fell remarkably to $16M in 2022. Overall, exports, however, enjoyed a modest increase. The growth pace was the most rapid in 2020 when exports increased by 98%.
| Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 7.5 | 14.3 | 13.6 | 9.1 | 6.7% |
| France | 1.6 | 3.1 | 4.6 | 1.6 | 0.0% |
| Ghana | 1.9 | 3.0 | 6.3 | 0.9 | -22.0% |
| Germany | 0.3 | 1.0 | 1.8 | 0.7 | 32.6% |
| Cote d'Ivoire | 0.3 | 0.5 | 1.8 | 0.5 | 18.6% |
| United Arab Emirates | N/A | N/A | 0.7 | 0.4 | -42.9% |
| United Kingdom | 2.2 | 2.0 | 0.1 | 0.4 | -43.3% |
| Denmark | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| Ireland | N/A | 2.1 | 2.5 | 0.2 | -69.1% |
| Others | 1.3 | 3.9 | 5.0 | 1.7 | 9.4% |
| Total | 15.3 | 30.2 | 36.7 | 15.9 | 1.3% |
Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from Belgium in 2022:
- Netherlands (10.2K tons)
- Ghana (0.6K tons)
- Cote d'Ivoire (0.6K tons)
- France (0.5K tons)
- Germany (0.4K tons)
- United Arab Emirates (0.3K tons)
- Denmark (0.3K tons)
- United Kingdom (0.1K tons)
- Ireland (0.1K tons)
Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Belgium
In 2022, purchases abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens decreased by -59.2% to 2K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 35%. As a result, imports attained the peak of 4.9K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens dropped remarkably to $6.4M in 2022. Overall, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2020 when imports increased by 45%. As a result, imports reached the peak of $12M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.5 | 5.7 | 4.5 | 3.3 | -1.9% |
| France | 4.0 | 4.2 | 4.8 | 2.8 | -11.2% |
| Italy | 0.1 | 0.1 | 0.8 | 0.1 | 0.0% |
| Poland | N/A | N/A | N/A | 0.1 | 0% |
| Ireland | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Germany | 0.1 | 1.1 | 0.7 | N/A | 164.6% |
| Others | 0.1 | 0.3 | 0.2 | N/A | 41.4% |
| Total | 8.0 | 11.6 | 11.0 | 6.4 | -7.2% |
Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to Belgium in 2022:
- Netherlands (1395.3 tons)
- France (504.1 tons)
- Italy (35.0 tons)
- Poland (34.5 tons)
- Ireland (20.7 tons)
- Germany (5.5 tons)
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