Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Egypt - 2023

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Egypt (CIF) - 2022
  2. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Egypt (FOB) - 2022
  3. Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Egypt
  4. Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Egypt

Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Egypt (CIF) - 2022

The average import price for offal, edible; of bovine animals, fresh or chilleds stood at $6,232 per ton in 2022, stabilizing at the previous year. Overall, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2015 an increase of 6.5% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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

From 2014 to 2022, the rate of growth in terms of prices for the United States amounted to +37.6% per year.

Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Egypt (FOB) - 2022

In 2022, the average export price for offal, edible; of bovine animals, fresh or chilleds amounted to $980 per ton, shrinking by -64.8% against the previous year. Over the period under review, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 73%. The export price peaked at $3,941 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($6,000 per ton), while the average price for exports to Hong Kong SAR stood at $875 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Egypt

After two years of decline, overseas purchases of offal, edible; of bovine animals, fresh or chilleds decreased by 0% to 11 tons in 2022. Overall, imports recorded a sharp reduction. The smallest decline of 99.9% was in 2020.

In value terms, imports of offal, edible; of bovine animals, fresh or chilleds totaled $72K in 2022. In general, imports saw a sharp decline. The smallest decline of 99.9% was in 2020.

Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India71.2N/AN/A71.60.2%
United States28.0N/AN/AN/A0%
Australia11.3N/AN/AN/A0%
Brazil67.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total178N/AN/A71.6-26.2%

Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to Egypt in 2022:

  1. India (11.5 tons)

Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Egypt

In 2022, overseas shipments of offal, edible; of bovine animals, fresh or chilleds decreased by -98.5% to 98 kg, falling for the second consecutive year after two years of growth. In general, exports recorded a precipitous decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 87% against the previous year. As a result, the exports reached the peak of 29 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of offal, edible; of bovine animals, fresh or chilleds declined significantly to $96 in 2022. Over the period under review, exports saw a significant curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 64% against the previous year. As a result, the exports reached the peak of $57K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR0.10.20.10.10.0%
ComorosN/A2.1N/AN/A0%
VenezuelaN/A3.4N/AN/A0%
China2.93.31.4N/A-30.5%
Vietnam29.741.515.1N/A-28.7%
Kuwait0.10.1N/AN/A0.0%
Qatar1.62.00.7N/A-33.9%
Others0.64.91.2N/A41.4%
Total34.957.418.50.1-85.8%

Top Export Markets for Offal, Edible; of Bovine Animals, Fresh or Chilled from Egypt in 2022:

  1. Hong Kong SAR (96.0 kg)
  2. Kuwait (2.0 kg)

Source: IndexBox Market Intelligence Platform

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