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

Contents:

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

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

In 2022, the average import price for offal, edible; of bovine animals, tongues, frozens amounted to $5,887 per ton, increasing by 46% against the previous year. Overall, the import price recorded a slight increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($7,287 per ton), while the price for Germany ($2,020 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for offal, edible; of bovine animals, tongues, frozens amounted to $6,547 per ton, increasing by 60% against the previous year. In general, the export price posted a notable expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($7,351 per ton), while the average price for exports to Cote d'Ivoire ($1,540 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 Cote d'Ivoire (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of offal, edible; of bovine animals, tongues, frozens decreased by -59.3% to 101 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 347%. As a result, imports reached the peak of 618 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of offal, edible; of bovine animals, tongues, frozens fell sharply to $597K in 2022. In general, imports continue to indicate a slight contraction. The pace of growth was the most pronounced in 2020 when imports increased by 195%. As a result, imports reached the peak of $1.9M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands23265737634814.5%
France210317359156-9.4%
Ireland11417611133.7-33.4%
PolandN/A55.4N/A32.8-23.1%
GermanyN/A1.315226.6352.3%
United Kingdom76.954211.7N/A-61.0%
DenmarkN/A78.7N/AN/A0%
OthersN/A36.2N/AN/A0%
Total6331,8641,009597-1.9%

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

  1. Netherlands (55.3 tons)
  2. France (21.4 tons)
  3. Germany (13.2 tons)
  4. Poland (6.0 tons)
  5. Ireland (5.7 tons)

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

After three years of growth, shipments abroad of offal, edible; of bovine animals, tongues, frozens decreased by -32.6% to 51 tons in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of 75 tons, and then dropped notably in the following year.

In value terms, exports of offal, edible; of bovine animals, tongues, frozens rose remarkably to $332K in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 83%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Offal, Edible; of Bovine Animals, Tongues, Frozen in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2.71.7105201320.7%
Germany43.421.818.544.50.8%
Netherlands31.779.956.331.6-0.1%
France15.025.020.925.819.8%
Luxembourg19.134.229.915.1-7.5%
Philippines22.2N/AN/A10.5-22.1%
Cote d'Ivoire0.2N/AN/A2.1119.0%
SenegalN/A4.23.8N/A-9.5%
Denmark40.1N/A72.5N/A34.5%
Equatorial Guinea4.5N/AN/AN/A0%
Others10.61.5N/A1.1-53.0%
Total19016830733220.4%

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

  1. Italy (28.1 tons)
  2. Germany (6.7 tons)
  3. Netherlands (4.9 tons)
  4. Philippines (3.9 tons)
  5. France (3.5 tons)
  6. Luxembourg (2.1 tons)
  7. Cote d'Ivoire (1.4 tons)

Source: IndexBox Market Intelligence Platform

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