Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Belgium - 2023

Contents:

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

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Belgium (CIF) - 2022

In 2022, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $1,717 per ton, leveling off at the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 29%. The import price peaked at $2,069 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($1,742 per ton) and Denmark ($1,732 per ton), while the price for Ireland ($1,569 per ton) and Poland ($1,573 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+1.1%), while the prices for the other major suppliers experienced a decline.

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Belgium (FOB) - 2022

In 2022, the average export price for offal, edible; of bovine animals, livers, frozens amounted to $1,093 per ton, rising by 11% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 39%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1,776 per ton), while the average price for exports to Ukraine ($877 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 Gambia (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Belgium

In 2022, purchases abroad of offal, edible; of bovine animals, livers, frozens decreased by -17.4% to 5K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 24%. As a result, imports attained the peak of 6.4K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of offal, edible; of bovine animals, livers, frozens fell rapidly to $8.6M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 24%.

Top Suppliers of Offal, Edible; of Bovine Animals, Livers, Frozen to Belgium in 2022:

1. Germany (3048.0 tons)
2. Netherlands (1146.3 tons)
3. France (265.1 tons)
4. Poland (144.2 tons)
5. Denmark (144.1 tons)
6. Ireland (136.1 tons)
7. Italy (125.5 tons)

Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Belgium

In 2022, after three years of growth, there was significant decline in shipments abroad of offal, edible; of bovine animals, livers, frozens, when their volume decreased by -23.8% to 2.4K tons. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 75%.

In value terms, exports of offal, edible; of bovine animals, livers, frozens plummeted to $2.6M in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 98% against the previous year.

Top Export Markets for Offal, Edible; of Bovine Animals, Livers, Frozen from Belgium in 2022:

1. Cote d'Ivoire (1191.5 tons)
2. France (206.2 tons)
3. Senegal (187.6 tons)
4. Germany (170.4 tons)
5. South Africa (141.5 tons)
6. Guinea (132.1 tons)
7. Ukraine (57.0 tons)
8. Gambia (54.1 tons)
9. Tanzania (53.9 tons)

Source: IndexBox Market Intelligence Platform