Price for Offal, Edible; of Swine, Livers, Frozen in the UK - 2023

Contents:

  1. Price for Offal, Edible; of Swine, Livers, Frozen in the UK (FOB) - 2022
  2. Price for Offal, Edible; of Swine, Livers, Frozen in the UK (CIF) - 2022
  3. Exports of Offal, Edible; of Swine, Livers, Frozen in the UK
  4. Imports of Offal, Edible; of Swine, Livers, Frozen in the UK

Price for Offal, Edible; of Swine, Livers, Frozen in the UK (FOB) - 2022

In 2022, the average export price for offal, edible; of swine, livers, frozen amounted to $1,417 per ton, picking up by 36% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for offal, edible; of swine, livers, frozen increased by +136.6% against 2017 indices. The pace of growth appeared the most rapid in 2018 an increase of 47%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Senegal ($2,089 per ton), while the average price for exports to the Czech Republic ($1,123 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+43.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Offal, Edible; of Swine, Livers, Frozen in the UK (CIF) - 2022

The average import price for offal, edible; of swine, livers, frozen stood at $920 per ton in 2022, declining by -4.9% against the previous year. Over the period under review, the import price saw a deep setback. The pace of growth appeared the most rapid in 2019 when the average import price increased by 49%. The import price peaked at $1,932 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($1,191 per ton), while the price for Ireland ($876 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Offal, Edible; of Swine, Livers, Frozen in the UK

In 2022, overseas shipments of offal, edible; of swine, livers, frozen decreased by -19.7% to 599 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a dramatic slump. The pace of growth was the most pronounced in 2020 when exports increased by 22%. As a result, the exports attained the peak of 1.5K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of offal, edible; of swine, livers, frozen expanded sharply to $849K in 2022. Overall, exports saw a abrupt downturn. The growth pace was the most rapid in 2020 when exports increased by 45%. As a result, the exports attained the peak of $1.5M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Offal, Edible; of Swine, Livers, Frozen in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GhanaN/AN/AN/A2400%
Philippines262713182235-3.6%
Senegal17.9N/AN/A10278.6%
South AfricaN/AN/A65.097.950.6%
China14825047089.3-15.5%
CanadaN/AN/AN/A29.80%
Czech Republic70.23.6N/A22.5-31.6%
Netherlands45939819.44.5-78.6%
Ireland15.712.814.5N/A-3.9%
Others29.978.926.328.7-1.4%
Total1,0021,457777849-5.4%

Top Export Markets for Offal, Edible; of Swine, Livers, Frozen from the UK in 2022:

  1. Philippines (144.4 tons)
  2. Ghana (129.0 tons)
  3. China (73.3 tons)
  4. South Africa (70.6 tons)
  5. Senegal (48.8 tons)
  6. Canada (24.4 tons)
  7. Czech Republic (20.0 tons)
  8. Netherlands (11.8 tons)

Imports of Offal, Edible; of Swine, Livers, Frozen in the UK

In 2022, the amount of offal, edible; of swine, livers, frozen imported into the UK contracted slightly to 314 tons, approximately equating the previous year's figure. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year.

In value terms, imports of offal, edible; of swine, livers, frozen shrank to $289K in 2022. In general, imports continue to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 53%. As a result, imports attained the peak of $304K, and then contracted in the following year.

Import of Offal, Edible; of Swine, Livers, Frozen in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland239187251238-0.1%
Belgium29.610.945.543.513.7%
Denmark3.01.75.66.730.7%
Others29.70.22.41.2-65.7%
Total301199304289-1.3%

Top Suppliers of Offal, Edible; of Swine, Livers, Frozen to the UK in 2022:

  1. Ireland (271.4 tons)
  2. Belgium (36.5 tons)
  3. Denmark (5.7 tons)

Source: IndexBox Market Intelligence Platform

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