Price for Offal, Edible; of Swine, Livers, Frozen in Brazil - 2024
Contents:
- Price for Offal, Edible; of Swine, Livers, Frozen in Brazil (FOB) - 2024
- Exports of Offal, Edible; of Swine, Livers, Frozen in Brazil
Price for Offal, Edible; of Swine, Livers, Frozen in Brazil (FOB) - 2024
In October 2023, the average export price for offal, edible; of swine, livers, frozen amounted to $430 per ton, waning by -9.9% against the previous month. Over the period under review, the export price saw a deep reduction. The most prominent rate of growth was recorded in April 2023 an increase of 12% month-to-month. As a result, the export price attained the peak level of $825 per ton. From May 2023 to October 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Liberia ($2,308 per ton), while the average price for exports to the Philippines ($389 per ton) was amongst the lowest.
From February 2023 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+2.9%), while the prices for the other major destinations experienced a decline.
Exports of Offal, Edible; of Swine, Livers, Frozen in Brazil
For the fourth year in a row, Brazil recorded growth in shipments abroad of offal, edible; of swine, livers, frozen, which increased by 284% to 23K tons in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of offal, edible; of swine, livers, frozen skyrocketed to $4.9M in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 120%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
Export of Offal, Edible; of Swine, Livers, Frozen in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Philippines | 84.3 | 387 | 847 | 4,060 | 263.8% |
Angola | 0.3 | 0.3 | 0.3 | 464 | 1056.5% |
United Arab Emirates | 33.7 | 59.9 | 91.2 | 148 | 63.8% |
Ukraine | 381 | 695 | 1,071 | N/A | 67.7% |
Others | 67.7 | 105 | 224 | 204 | 44.4% |
Total | 567 | 1,247 | 2,234 | 4,876 | 104.9% |
Top Export Markets for Offal, Edible; of Swine, Livers, Frozen from Brazil in 2022:
- Philippines (21.6K tons)
- Angola (1.2K tons)
- United Arab Emirates (0.2K tons)
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This report provides an in-depth analysis of the frozen meat offal market in Brazil.
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