Price for Offal, Edible; of Bovine Animals, Livers, Frozen in South Africa - 2024
Contents:
- Price for Offal, Edible; of Bovine Animals, Livers, Frozen in South Africa (CIF) - 2024
- Price for Offal, Edible; of Bovine Animals, Livers, Frozen in South Africa (FOB) - 2024
- Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in South Africa
- Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in South Africa
Price for Offal, Edible; of Bovine Animals, Livers, Frozen in South Africa (CIF) - 2024
In January 2024, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $759 per ton, approximately equating the previous month. Over the period under review, the import price showed a slight setback. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 11% against the previous month. The import price peaked at $957 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the countries with the highest prices were Ireland ($826 per ton) and Australia ($803 per ton), while the price for the UK ($719 per ton) and France ($722 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by New Zealand (-0.6%), while the prices for the other major suppliers experienced a decline.
Price for Offal, Edible; of Bovine Animals, Livers, Frozen in South Africa (FOB) - 2024
In January 2024, the average export price for offal, edible; of bovine animals, livers, frozens amounted to $1,233 per ton, which is down by -18.8% against the previous month. In general, the export price showed a pronounced shrinkage. The most prominent rate of growth was recorded in October 2023 an increase of 57% against the previous month. As a result, the export price attained the peak level of $2,437 per ton. From November 2023 to January 2024, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In January 2024, the country with the highest price was Namibia ($1,531 per ton), while the average price for exports to Ghana ($508 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in South Africa
In 2022, purchases abroad of offal, edible; of bovine animals, livers, frozens decreased by -32.8% to 14K tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a dramatic decrease. The growth pace was the most rapid in 2020 when imports increased by 10% against the previous year. As a result, imports reached the peak of 34K 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 shrank dramatically to $16M in 2022. Over the period under review, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 21%.
| Import of Offal, Edible; of Bovine Animals, Livers, Frozen in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 1.3 | 1.7 | 1.9 | 3.3 | 36.4% |
| United Kingdom | 1.4 | 1.8 | 2.8 | 3.2 | 31.7% |
| United States | 7.5 | 11.3 | 8.8 | 3.0 | -26.3% |
| Australia | 5.4 | 4.5 | 4.7 | 1.8 | -30.7% |
| France | 0.9 | 1.2 | 2.6 | 1.6 | 21.1% |
| New Zealand | 1.7 | 1.4 | 1.9 | 1.4 | -6.3% |
| Germany | N/A | 0.2 | 0.7 | 0.8 | 100.0% |
| Others | 0.2 | 0.3 | 0.7 | 0.5 | 35.7% |
| Total | 18.4 | 22.3 | 24.1 | 15.6 | -5.4% |
Top Suppliers of Offal, Edible; of Bovine Animals, Livers, Frozen to South Africa in 2022:
- Ireland (2.9K tons)
- United Kingdom (2.8K tons)
- United States (2.7K tons)
- Australia (1.8K tons)
- France (1.4K tons)
- New Zealand (1.4K tons)
- Germany (0.9K tons)
Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in South Africa
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 -51.6% to 1K tons. Overall, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. As a result, the exports attained the peak of 2.1K tons, and then declined significantly in the following year.
In value terms, exports of offal, edible; of bovine animals, livers, frozens dropped dramatically to $2.1M in 2022. Over the period under review, exports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2021 when exports increased by 63% against the previous year. As a result, the exports attained the peak of $3.7M, and then reduced dramatically in the following year.
| Export of Offal, Edible; of Bovine Animals, Livers, Frozen in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | N/A | 216 | 683 | 216.2% |
| Botswana | 1,287 | 1,265 | 1,625 | 625 | -21.4% |
| Swaziland | 271 | 361 | 393 | 274 | 0.4% |
| Namibia | 359 | 512 | 722 | 272 | -8.8% |
| Malawi | N/A | 24.7 | 129 | 62.5 | 59.1% |
| Lesotho | 41.6 | 21.9 | 81.2 | 60.8 | 13.5% |
| Mozambique | 41.2 | 49.3 | 404 | 52.7 | 8.6% |
| Others | 4.0 | 15.0 | 97.5 | 77.0 | 168.0% |
| Total | 2,004 | 2,248 | 3,667 | 2,106 | 1.7% |
Top Export Markets for Offal, Edible; of Bovine Animals, Livers, Frozen from South Africa in 2022:
- Botswana (345.3 tons)
- Egypt (266.2 tons)
- Namibia (147.8 tons)
- Swaziland (147.8 tons)
- Mozambique (28.9 tons)
- Lesotho (28.0 tons)
- Malawi (25.2 tons)
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