Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Ukraine - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Ukraine (CIF) - 2023
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Ukraine (FOB) - 2022
- Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Ukraine
- Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Ukraine
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Ukraine (CIF) - 2023
The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $1,269 per ton in November 2023, standing approximately at the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 43% m-o-m. The import price peaked at $1,276 per ton in September 2023; afterwards, it flattened through to November 2023.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was France ($1,374 per ton), while the price for Poland ($1,232 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Ukraine (FOB) - 2022
The average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $1,575 per ton in 2022, with an increase of 30% against the previous year. In general, the export price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 an increase of 265%. As a result, the export price reached the peak level of $1,983 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($2,613 per ton), while the average price for exports to Ghana ($394 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 Armenia (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Ukraine
In 2022, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens into Ukraine surged to 4.1K tons, picking up by 24% compared with the year before. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 27%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens surged to $5.7M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained 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 Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 373 | 1,294 | 1,603 | 3,963 | 119.8% |
| France | 928 | 972 | 1,140 | 912 | -0.6% |
| Germany | 1,112 | 624 | 451 | 435 | -26.9% |
| Ireland | N/A | N/A | N/A | 170 | 0% |
| Austria | 69.6 | 192 | 79.2 | 118 | 19.2% |
| Others | 220 | 287 | 296 | 55.7 | -36.7% |
| Total | 2,703 | 3,370 | 3,569 | 5,654 | 27.9% |
Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to Ukraine in 2022:
- Poland (2820.3 tons)
- France (732.4 tons)
- Germany (323.4 tons)
- Ireland (97.1 tons)
- Austria (91.3 tons)
Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Ukraine
In 2022, overseas shipments of offal, edible; of bovine animals, (other than tongues and livers), frozens decreased by -73.3% to 454 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 47%. As a result, the exports attained the peak of 1.7K tons, and then contracted dramatically in the following year.
In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens dropped dramatically to $715K in 2022. Overall, exports showed a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 42% against the previous year. As a result, the exports reached the peak of $2.1M, and then fell rapidly in the following year.
| Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 214 | 892 | 1,424 | 552 | 37.1% |
| Ghana | N/A | 42.1 | 214 | 44.1 | 2.3% |
| Vietnam | 1,001 | 258 | N/A | 26.5 | -70.2% |
| Democratic Republic of the Congo | N/A | N/A | 20.4 | 23.8 | 16.7% |
| Armenia | 67.9 | 53.1 | 17.6 | 22.0 | -31.3% |
| Cote d'Ivoire | 40.1 | 85.7 | 222 | 19.2 | -21.8% |
| Gabon | 152 | 44.9 | 70.5 | 10.8 | -58.6% |
| Others | 51.2 | 75.2 | 86.0 | 17.4 | -30.2% |
| Total | 1,526 | 1,451 | 2,055 | 715 | -22.3% |
Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from Ukraine in 2022:
- Hong Kong SAR (211.1 tons)
- Ghana (112.0 tons)
- Cote d'Ivoire (34.0 tons)
- Democratic Republic of the Congo (28.0 tons)
- Vietnam (26.5 tons)
- Armenia (18.2 tons)
- Gabon (12.7 tons)
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