Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in the United Arab Emirates - 2022
Contents:
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in the United Arab Emirates (CIF) - 2022
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in the United Arab Emirates (FOB) - 2022
- Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in the United Arab Emirates
- Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in the United Arab Emirates
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in the United Arab Emirates (CIF) - 2022
The average import price for offal, edible; of bovine animals, tongues, frozens stood at $2,499 per ton in 2022, shrinking by -14.8% against the previous year. Over the period under review, the import price showed a perceptible descent. The most prominent rate of growth was recorded in 2021 an increase of 10% against the previous year. Over the period under review, average import prices hit record highs at $3,794 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($4,352 per ton), while the price for Spain ($379 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in the United Arab Emirates (FOB) - 2022
The average export price for offal, edible; of bovine animals, tongues, frozens stood at $1,966 per ton in 2022, dropping by -83.4% against the previous year. Over the period under review, the export price continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2015 an increase of 267% against the previous year. Over the period under review, the average export prices attained the maximum at $11,875 per ton in 2021, and then shrank dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to +72.5% per year.
Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in the United Arab Emirates
In 2022, the amount of offal, edible; of bovine animals, tongues, frozens imported into the United Arab Emirates soared to 105 tons, jumping by 22% against 2021. In general, imports showed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of offal, edible; of bovine animals, tongues, frozens totaled $263K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.3% 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 +83.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 76%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 107 | 27.3 | 83.1 | 211 | 25.4% |
| Australia | 11.2 | 14.0 | 26.9 | 22.4 | 26.0% |
| Spain | N/A | N/A | N/A | 10.1 | 0% |
| Netherlands | 6.9 | 8.7 | 17.3 | 8.4 | 6.8% |
| Turkey | 0.1 | 0.2 | 0.5 | 6.2 | 295.8% |
| New Zealand | 8.2 | 7.4 | 8.2 | N/A | 0.0% |
| India | 56.6 | 65.0 | 106 | N/A | 36.8% |
| Others | 5.5 | 21.1 | 10.8 | 5.2 | -1.9% |
| Total | 196 | 144 | 253 | 263 | 10.3% |
Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to the United Arab Emirates in 2022:
- Brazil (62.4 tons)
- Spain (26.6 tons)
- Netherlands (8.5 tons)
- Australia (5.1 tons)
- Turkey (1.6 tons)
Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in the United Arab Emirates
In 2022, after two years of decline, there was significant growth in shipments abroad of offal, edible; of bovine animals, tongues, frozens, when their volume increased by 32,100% to 5.2 tons. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of offal, edible; of bovine animals, tongues, frozens surged to $10K in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Offal, Edible; of Bovine Animals, Tongues, Frozen in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 0.1 | 0.1 | 10.1 | 365.7% |
| Yemen | N/A | 0.1 | N/A | N/A | 0% |
| Oman | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 0.4 | 0.3 | 0.2 | 10.1 | 193.4% |
Top Export Markets for Offal, Edible; of Bovine Animals, Tongues, Frozen from the United Arab Emirates in 2022:
- China (5.2 tons)
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