Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Australia - 2024
Contents:
- Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Australia (FOB) - 2024
- Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Australia (CIF) - 2022
- Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Australia
- Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Australia
Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Australia (FOB) - 2024
The average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $2,591 per ton in January 2024, stabilizing at the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 7.9% against the previous month. The export price peaked at $2,865 per ton in February 2023; however, from March 2023 to January 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In January 2024, the country with the highest price was Canada ($3,820 per ton), while the average price for exports to the Netherlands ($1,286 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 Bahrain (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Australia (CIF) - 2022
In 2022, the average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $24,828 per ton, rising by 48% against the previous year. Overall, the import price recorded a significant increase. The growth pace was the most rapid in 2021 an increase of 77% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for New Zealand.
From 2013 to 2022, the rate of growth in terms of prices for New Zealand amounted to +20.7% per year.
Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Australia
Exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen from Australia reduced dramatically to 26K tons in 2022, waning by -20.6% on the previous year's figure. Overall, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 9%.
In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen contracted notably to $78M in 2022. Over the period under review, exports saw a mild slump. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. As a result, the exports reached the peak of $101M, and then shrank remarkably in the following year.
| Export of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.7 | 4.9 | 8.3 | 14.6 | 45.9% |
| China | 21.7 | 15.8 | 20.9 | 13.8 | -14.0% |
| Saudi Arabia | 8.4 | 8.7 | 8.6 | 12.0 | 12.6% |
| United Arab Emirates | 3.4 | 3.6 | 2.9 | 4.3 | 8.1% |
| Hong Kong SAR | 23.1 | 20.6 | 26.9 | 4.1 | -43.8% |
| Papua New Guinea | 5.4 | 7.1 | 5.6 | 3.5 | -13.5% |
| Canada | 1.3 | 1.9 | 3.3 | 3.1 | 33.6% |
| Kuwait | 0.9 | 1.3 | 2.1 | 1.9 | 28.3% |
| Singapore | 1.0 | 1.2 | 2.3 | 1.8 | 21.6% |
| Jordan | 0.9 | 0.9 | 1.1 | 1.6 | 21.1% |
| Malaysia | 0.6 | 0.2 | 1.1 | 1.5 | 35.7% |
| Thailand | 0.2 | 0.2 | 0.4 | 1.4 | 91.3% |
| South Africa | 1.5 | 1.7 | 4.7 | 1.3 | -4.7% |
| Others | 8.7 | 8.3 | 12.8 | 13.1 | 14.6% |
| Total | 81.9 | 76.4 | 101 | 77.8 | -1.7% |
Top Export Markets for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen from Australia in 2022:
- Saudi Arabia (5.3K tons)
- United States (4.6K tons)
- China (2.6K tons)
- United Arab Emirates (1.7K tons)
- Canada (1.1K tons)
- South Africa (1.1K tons)
- Hong Kong SAR (0.9K tons)
- Singapore (0.8K tons)
- Papua New Guinea (0.8K tons)
- Malaysia (0.7K tons)
- Kuwait (0.7K tons)
- Thailand (0.7K tons)
- Jordan (0.5K tons)
Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Australia
In 2022, supplies from abroad of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen decreased by -45.6% to 27 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 7,125%. As a result, imports attained the peak of 58 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen declined notably to $670K in 2022. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 11,112% against the previous year.
| Import of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 4.9 | 441 | 833 | 670 | 415.2% |
| United Kingdom | N/A | 110 | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 4.9 | 551 | 833 | 670 | 415.2% |
Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to Australia in 2022:
- New Zealand (27.0 tons)
321
This report provides an in-depth analysis of the frozen meat offal market in Australia.
278
This report provides an in-depth analysis of the fresh meat offal market in Australia.
468
Global Frozen Meat Offal Market Report 2018. This report provides an in-depth analysis of the global frozen meat offal market.
497
Global Fresh Meat Offal Market Report 2018. This report provides an in-depth analysis of the global fresh meat offal market.
321
This report provides an in-depth analysis of the frozen meat offal market in Australia.
278
This report provides an in-depth analysis of the fresh meat offal market in Australia.
468
Global Frozen Meat Offal Market Report 2018. This report provides an in-depth analysis of the global frozen meat offal market.
497
Global Fresh Meat Offal Market Report 2018. This report provides an in-depth analysis of the global fresh meat offal market.
Nothing found. Please try again.
