Price for Offal, Edible; of Swine, Fresh or Chilled in Belgium - 2023
Contents:
- Price for Offal, Edible; of Swine, Fresh or Chilled in Belgium (CIF) - 2022
- Price for Offal, Edible; of Swine, Fresh or Chilled in Belgium (FOB) - 2023
- Imports of Offal, Edible; of Swine, Fresh or Chilled in Belgium
- Exports of Offal, Edible; of Swine, Fresh or Chilled in Belgium
Price for Offal, Edible; of Swine, Fresh or Chilled in Belgium (CIF) - 2022
In 2022, the average import price for offal, edible; of swine, fresh or chilled amounted to $423 per ton, growing by 32% against the previous year. In general, the import price, however, continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2020 when the average import price increased by 65%. The import price peaked at $546 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,033 per ton), while the price for the Netherlands ($144 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Offal, Edible; of Swine, Fresh or Chilled in Belgium (FOB) - 2023
In October 2023, the average export price for offal, edible; of swine, fresh or chilled amounted to $1,565 per ton, rising by 92% against the previous month. Overall, the export price enjoyed a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was the United Arab Emirates ($2,582 per ton), while the average price for exports to Ghana ($1,135 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 Spain (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Offal, Edible; of Swine, Fresh or Chilled in Belgium
In 2022, after three years of growth, there was significant decline in overseas purchases of offal, edible; of swine, fresh or chilled, when their volume decreased by -6.5% to 135K tons. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 40%.
In value terms, imports of offal, edible; of swine, fresh or chilled surged to $57M in 2022. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 131% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Offal, Edible; of Swine, Fresh or Chilled in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.9 | 16.2 | 15.1 | 17.4 | 43.4% |
| France | 2.0 | 10.0 | 8.7 | 10.9 | 76.0% |
| Denmark | 2.2 | 4.6 | 4.1 | 6.1 | 40.5% |
| Netherlands | 5.1 | 6.2 | 5.3 | 4.8 | -2.0% |
| United Kingdom | 2.1 | 1.7 | 3.5 | 4.6 | 29.9% |
| Italy | 1.4 | 3.4 | 4.5 | 3.9 | 40.7% |
| Slovakia | 1.4 | 3.7 | 2.5 | 3.8 | 39.5% |
| Others | 1.8 | 4.8 | 2.6 | 5.8 | 47.7% |
| Total | 21.9 | 50.5 | 46.2 | 57.3 | 37.8% |
Top Suppliers of Offal, Edible; of Swine, Fresh or Chilled to Belgium in 2022:
- Germany (56.5K tons)
- Netherlands (33.4K tons)
- France (15.8K tons)
- Denmark (8.9K tons)
- United Kingdom (7.1K tons)
- Slovakia (3.9K tons)
- Italy (3.8K tons)
Exports of Offal, Edible; of Swine, Fresh or Chilled in Belgium
In 2022, overseas shipments of offal, edible; of swine, fresh or chilled decreased by -14.1% to 55K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 18% against the previous year. As a result, the exports reached the peak of 64K tons, and then declined in the following year.
In value terms, exports of offal, edible; of swine, fresh or chilled expanded to $33M in 2022. The total export value increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Offal, Edible; of Swine, Fresh or Chilled in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 10.8 | 11.7 | 13.6 | 14.6 | 10.6% |
| Germany | 7.7 | 8.8 | 7.5 | 7.0 | -3.1% |
| Denmark | 0.4 | 0.9 | 1.0 | 1.5 | 55.4% |
| Morocco | N/A | N/A | 0.3 | 1.4 | 366.7% |
| Spain | 0.4 | 0.2 | 0.5 | 1.4 | 51.8% |
| Ireland | N/A | N/A | 0.3 | 1.0 | 233.3% |
| United Kingdom | 2.0 | 1.6 | 1.8 | 0.9 | -23.4% |
| Poland | 0.5 | 0.3 | 0.5 | 0.7 | 11.9% |
| Others | 4.8 | 4.1 | 5.9 | 4.1 | -5.1% |
| Total | 26.6 | 27.7 | 31.2 | 32.7 | 7.1% |
Top Export Markets for Offal, Edible; of Swine, Fresh or Chilled from Belgium in 2022:
- Netherlands (35.0K tons)
- Germany (8.6K tons)
- Spain (2.5K tons)
- Denmark (1.5K tons)
- Ireland (1.3K tons)
- Poland (1.1K tons)
- Morocco (1.1K tons)
- United Kingdom (0.7K tons)
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