Price for Offal, Edible; of Swine, Fresh or Chilled in France - 2023

Contents:

  1. Price for Offal, Edible; of Swine, Fresh or Chilled in France (CIF) - 2023
  2. Price for Offal, Edible; of Swine, Fresh or Chilled in France (FOB) - 2023
  3. Imports of Offal, Edible; of Swine, Fresh or Chilled in France
  4. Exports of Offal, Edible; of Swine, Fresh or Chilled in France

Price for Offal, Edible; of Swine, Fresh or Chilled in France (CIF) - 2023

The average import price for offal, edible; of swine, fresh or chilled stood at $645 per ton in October 2023, waning by -40.2% against the previous month. In general, the import price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in March 2023 an increase of 12% against the previous month. The import price peaked at $1,675 per ton in June 2023; however, from July 2023 to October 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From October 2022 to October 2023, the rate of growth in terms of prices for Hungary amounted to +8.0% per month.

Price for Offal, Edible; of Swine, Fresh or Chilled in France (FOB) - 2023

The average export price for offal, edible; of swine, fresh or chilled stood at $5,963 per ton in October 2023, jumping by 635% against the previous month. Over the period under review, the export price posted strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for China.

From October 2022 to October 2023, the rate of growth in terms of prices for Spain amounted to +2.7% per month.

Imports of Offal, Edible; of Swine, Fresh or Chilled in France

In 2022, imports of offal, edible; of swine, fresh or chilled into France expanded significantly to 53K tons, with an increase of 11% compared with the previous year's figure. The total import volume increased at an average annual rate of +13.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 19% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of offal, edible; of swine, fresh or chilled surged to $51M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.4% 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 +83.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 37%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Offal, Edible; of Swine, Fresh or Chilled in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain15.623.316.618.66.0%
United Kingdom0.72.76.814.6175.3%
Germany8.68.89.110.67.2%
Poland0.20.90.51.6100.0%
HungaryN/A0.10.10.7164.6%
Others2.82.44.05.021.3%
Total27.838.237.251.122.5%

Top Suppliers of Offal, Edible; of Swine, Fresh or Chilled to France in 2022:

  1. Spain (23.2K tons)
  2. United Kingdom (17.3K tons)
  3. Germany (7.3K tons)
  4. Poland (1.7K tons)
  5. Hungary (0.9K tons)

Exports of Offal, Edible; of Swine, Fresh or Chilled in France

For the fourth consecutive year, France recorded growth in overseas shipments of offal, edible; of swine, fresh or chilled, which increased by 10% to 40K tons in 2022. The total export volume increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 14% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of offal, edible; of swine, fresh or chilled soared to $32M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.2% 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 +60.9% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Offal, Edible; of Swine, Fresh or Chilled in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium4.25.66.48.526.5%
Netherlands2.84.45.87.840.7%
Spain6.45.84.45.4-5.5%
Germany4.03.43.43.4-5.3%
Poland0.30.60.62.6105.4%
Sweden1.01.41.11.719.3%
Denmark0.20.40.91.176.5%
Others1.21.21.01.916.6%
Total20.222.823.732.517.2%

Top Export Markets for Offal, Edible; of Swine, Fresh or Chilled from France in 2022:

  1. Belgium (12.1K tons)
  2. Spain (10.3K tons)
  3. Netherlands (7.5K tons)
  4. Germany (4.0K tons)
  5. Sweden (2.1K tons)
  6. Poland (1.6K tons)
  7. Denmark (0.6K tons)

Source: IndexBox Market Intelligence Platform

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