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

Contents:

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

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

In 2022, the average import price for offal, edible; of bovine animals, fresh or chilleds amounted to $8,137 per ton, rising by 10% against the previous year. Overall, import price indicated a prominent increase from 2016 to 2022: its price increased at an average annual rate of +16.0% over the last six years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for offal, edible; of bovine animals, fresh or chilleds increased by +143.6% against 2016 indices. The pace of growth was the most pronounced in 2017 an increase of 64% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($8,175 per ton), while the price for Belgium amounted to $8,009 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.1%).

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

In 2022, the average export price for offal, edible; of bovine animals, fresh or chilleds amounted to $3,886 per ton, with an increase of 48% against the previous year. Over the period under review, the export price, however, showed a abrupt decline. The pace of growth was the most pronounced in 2018 an increase of 57%. Over the period under review, the average export prices hit record highs at $7,906 per ton in 2012; however, from 2013 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 Panama ($5,867 per ton), while the average price for exports to Singapore ($2,235 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 Singapore (-0.9%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, overseas purchases of offal, edible; of bovine animals, fresh or chilleds decreased by -34.5% to 16 tons in 2022. Overall, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 60%.

In value terms, imports of offal, edible; of bovine animals, fresh or chilleds fell rapidly to $129K in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 64%.

Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands24.055.511710161.4%
Belgium46.863.862.628.8-14.9%
Others2.0N/AN/AN/A0%
Total72.811918012921.0%

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

  1. Netherlands (12.3 tons)
  2. Belgium (3.6 tons)

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

In 2022, the amount of offal, edible; of bovine animals, fresh or chilleds exported from Ukraine fell dramatically to 895 kg, dropping by -84.3% against 2021. Overall, exports showed a sharp reduction. The growth pace was the most rapid in 2021 when exports increased by 257% against the previous year. As a result, the exports attained the peak of 5.7 tons, and then dropped remarkably in the following year.

In value terms, exports of offal, edible; of bovine animals, fresh or chilleds dropped dramatically to $3.5K in 2022. Over the period under review, exports saw a dramatic contraction. The pace of growth was the most pronounced in 2021 when exports increased by 202%. As a result, the exports attained the peak of $15K, and then dropped dramatically in the following year.

Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MoldovaN/AN/AN/A3.00%
Singapore0.1N/A0.10.226.0%
Panama0.3N/AN/A0.2-12.6%
Turkey6.93.62.00.1-75.6%
Cyprus0.10.61.80.10.0%
Hong Kong SAR0.1N/A10.2N/A910.0%
Others0.80.70.7N/A-6.5%
Total8.44.914.93.5-25.3%

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

  1. Moldova (747.0 kg)
  2. Singapore (85.0 kg)
  3. Panama (30.0 kg)
  4. Turkey (17.0 kg)
  5. Cyprus (16.0 kg)

Source: IndexBox Market Intelligence Platform

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