Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Egypt - 2022

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Egypt (CIF) - 2022
  2. Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Egypt

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

The average import price for offal, edible; of bovine animals, tongues, frozens stood at $1,092 per ton in 2022, waning by -16.7% against the previous year. Overall, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2020 when the average import price increased by 12% against the previous year. Over the period under review, average import prices hit record highs at $2,869 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($1,482 per ton), while the price for the United States totaled $1,052 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-1.1%).

Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Egypt

In 2022, the amount of offal, edible; of bovine animals, tongues, frozens imported into Egypt skyrocketed to 464 tons, increasing by 29% on the previous year. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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, tongues, frozens expanded markedly to $507K in 2022. In general, imports, however, saw a relatively flat trend pattern.

Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States489514446464-1.7%
Brazil26.625.023.331.35.6%
Others1.32.22.811.3105.6%
Total517542472507-0.6%

Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Egypt in 2022:

  1. United States (441.3 tons)
  2. Brazil (21.1 tons)

Source: IndexBox Market Intelligence Platform

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