Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Thailand - 2024

Contents:

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

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

In 2022, the average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $1,870 per ton, growing by 5.6% against the previous year. Over the period under review, the import price enjoyed a strong increase. The most prominent rate of growth was recorded in 2014 an increase of 68% against the previous year. Over the period under review, average import prices reached the peak figure at $1,916 per ton in 2019; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($2,020 per ton), while the price for Australia amounted to $1,746 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+115.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth consecutive year, Thailand recorded growth in supplies from abroad of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen, which increased by 37% to 931 tons in 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 138% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen skyrocketed to $1.7M in 2022. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 144% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia22622632089258.0%
New Zealand80.9269887849118.9%
OthersN/AN/AN/AN/A0%
Total3074951,2071,74178.3%

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

  1. Australia (510.6 tons)
  2. New Zealand (420.4 tons)

Source: IndexBox Market Intelligence Platform

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