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

Contents:

  1. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Uruguay (FOB) - 2023
  2. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Uruguay (CIF) - 2022
  3. Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Uruguay
  4. Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Uruguay

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Uruguay (FOB) - 2023

The average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $1,327 per ton in December 2023, shrinking by -23.2% against the previous month. In general, the export price saw a noticeable decline. The pace of growth was the most pronounced in June 2023 when the average export price increased by 33% against the previous month. Over the period under review, the average export prices attained the peak figure at $2,392 per ton in September 2023; however, from October 2023 to December 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Japan ($3,934 per ton), while the average price for exports to China ($777 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+8.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $1,459 per ton, approximately reflecting the previous year. Overall, the import price recorded a abrupt decline. The growth pace was the most rapid in 2021 an increase of 43%. The import price peaked at $2,979 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -5.4% per year.

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

In 2022, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen from Uruguay stood at 1.3K tons, surging by 11% against the year before. The total export volume increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 31% against the previous year. As a result, the exports attained the peak of 1.3K tons; afterwards, it flattened through to 2022.

In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen declined to $2.6M in 2022. The total export value increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 31%.

Export of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5147306091,00325.0%
Japan64.062.420946593.7%
Kazakhstan73.514323035368.7%
Belgium0.417.234.0170651.8%
Russia20.925.718213284.8%
Germany1.82.6N/A131317.5%
Vietnam446317235101-39.0%
Hong Kong SAR5569721,05299.0-43.7%
Poland70.589.684.4N/A9.4%
Others254253217130-20.0%
Total2,0012,6122,8532,5848.9%

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

  1. China (626.2 tons)
  2. Belgium (151.6 tons)
  3. Kazakhstan (104.9 tons)
  4. Japan (100.6 tons)
  5. Germany (87.1 tons)
  6. Vietnam (56.9 tons)
  7. Russia (43.1 tons)
  8. Hong Kong SAR (28.1 tons)

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

In 2022, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen into Uruguay totaled 8.9 tons, remaining constant against 2021 figures. In general, imports, however, showed a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 3.7% against the previous year. As a result, imports reached the peak of 16 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen totaled $13K in 2022. Overall, imports, however, recorded a deep setback.

Import of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.510.013.013.073.2%
Others17.66.5N/AN/A-63.1%
Total20.116.513.013.0-13.5%

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

  1. United States (8.9 tons)

Source: IndexBox Market Intelligence Platform

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