Price for Offal, Edible; of Swine, Livers, Frozen in Japan - 2023

Price for Offal, Edible; of Swine, Livers, Frozen in Japan (CIF) - 2022

In 2022, the average import price for offal, edible; of swine, livers, frozen amounted to $1,437 per ton, remaining stable against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for offal, edible; of swine, livers, frozen increased by +56.8% against 2018 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 19%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,520 per ton), while the price for Spain amounted to $1,431 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Offal, Edible; of Swine, Livers, Frozen in Japan (FOB) - 2022

In 2022, the average export price for offal, edible; of swine, livers, frozen amounted to $1,002 per ton, which is down by -15.3% against the previous year. Over the period under review, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2021 a decrease of -11.1% against the previous year. Over the period under review, the average export prices hit record highs at $1,330 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

From 2020 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to -11.1% per year.

Imports of Offal, Edible; of Swine, Livers, Frozen in Japan

In 2022, approx. 232 tons of offal, edible; of swine, livers, frozen were imported into Japan; which is down by -24.5% against 2021. Overall, imports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year.

In value terms, imports of offal, edible; of swine, livers, frozen dropped remarkably to $333K in 2022. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year.

Import of Offal, Edible; of Swine, Livers, Frozen in Japan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	26.4	32.2	151	309	127.0%
United States	36.8	25.8	71.0	24.6	-12.6%
France	8.8	5.3	12.5	N/A	19.2%
Netherlands	272	118	126	N/A	-31.9%
Canada	198	142	63.0	N/A	-43.6%
Others	13.2	4.9	15.0	N/A	6.6%
Total	555	328	439	333	-15.7%

Top Suppliers of Offal, Edible; of Swine, Livers, Frozen to Japan in 2022:

Spain (215.6 tons)
United States (16.2 tons)

Exports of Offal, Edible; of Swine, Livers, Frozen in Japan

For the third consecutive year, Japan recorded growth in shipments abroad of offal, edible; of swine, livers, frozen, which increased by 44% to 56 tons in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 100% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of offal, edible; of swine, livers, frozen soared to $56K in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.