Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Denmark - 2023

Contents:

1. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Denmark (CIF) - 2022
2. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Denmark (FOB) - 2022
3. Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Denmark
4. Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Denmark

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Denmark (CIF) - 2022

The average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $774 per ton in 2022, surging by 107% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2015 an increase of 174%. Over the period under review, average import prices attained the maximum at $3,045 per ton in 2016; however, from 2017 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 Ireland ($2,461 per ton), while the price for Iceland ($218 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Denmark (FOB) - 2022

In 2022, the average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $4,806 per ton, jumping by 20% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen decreased by -10.1% against 2017 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 101%. As a result, the export price reached the peak level of $5,346 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Greenland.

From 2012 to 2022, the rate of growth in terms of prices for Greenland amounted to +4.3% per year.

Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Denmark

In 2022, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen into Denmark skyrocketed to 550 tons, increasing by 147% on 2021. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 379% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen soared to $425K in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to Denmark in 2022:

1. Spain (448.3 tons)
2. Iceland (75.7 tons)
3. Ireland (14.9 tons)
4. Norway (10.4 tons)

Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Denmark

In 2022, after three years of growth, there was significant decline in shipments abroad of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen, when their volume decreased by -80.9% to 433 kg. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 513% against the previous year. As a result, the exports reached the peak of 2.3 tons, and then contracted rapidly in the following year.

In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen dropped rapidly to $2.1K in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 553%. As a result, the exports reached the peak of $9.1K, and then dropped rapidly in the following year.

Top Export Markets for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen from Denmark in 2022:

1. Greenland (433.0 kg)

Source: IndexBox Market Intelligence Platform