Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Argentina - 2023

Contents:

  1. Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Argentina (FOB) - 2022
  2. Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Argentina (CIF) - 2022
  3. Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Argentina
  4. Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Argentina

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Argentina (FOB) - 2022

In 2022, the average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $1,699 per ton, which is down by -17.1% against the previous year. Over the period under review, the export price recorded a pronounced downturn. The growth pace was the most rapid in 2021 an increase of 17% against the previous year. Over the period under review, the average export prices hit record highs at $2,437 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($3,356 per ton), while the average price for exports to Angola ($797 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 China (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Argentina (CIF) - 2022

The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $6,265 per ton in May 2022, standing approximately at the previous month. Over the period under review, the import price recorded a measured expansion. Over the period under review, average import prices hit record highs at $6,309 per ton in February 2022; afterwards, it flattened through to May 2022.

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

From November 2021 to May 2022, the rate of growth in terms of prices for the United States amounted to +2.8% per month.

Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Argentina

In 2022, shipments abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens was finally on the rise to reach 56K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a perceptible reduction.

In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens fell to $95M in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 3.2%.

Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia31.525.022.720.8-12.9%
Thailand12.013.722.519.718.0%
Hong Kong SAR38.833.627.513.0-30.5%
South Africa8.19.111.611.010.7%
China3.95.67.89.534.6%
Peru5.35.35.96.99.2%
Congo3.13.62.92.3-9.5%
Others12.59.67.811.9-1.6%
Total11510510995.2-6.1%

Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from Argentina in 2022:

  1. Thailand (12.0K tons)
  2. Russia (10.7K tons)
  3. Hong Kong SAR (8.5K tons)
  4. Peru (6.1K tons)
  5. South Africa (5.0K tons)
  6. China (2.8K tons)
  7. Congo (1.9K tons)

Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Argentina

In 2022, approx. 47 tons of offal, edible; of bovine animals, (other than tongues and livers), frozens were imported into Argentina; rising by 89% compared with the previous year's figure. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens surged to $297K in 2022. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Argentina (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United StatesN/A2970%
Namibia102N/A0%
Germany11.2N/A0%
Others13.8N/A0%
Total128297132.0%

Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to Argentina in 2022:

  1. United States (47.2 tons)

Source: IndexBox Market Intelligence Platform

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