Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Greece - 2023
Contents:
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Greece (FOB) - 2023
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Greece (CIF) - 2022
- Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Greece
- Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Greece
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Greece (FOB) - 2023
The average export price for offal, edible; of swine, (other than livers), frozen stood at $863 per ton in November 2023, jumping by 21% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.4%. The pace of growth was the most pronounced in December 2022 when the average export price increased by 40% against the previous month. The export price peaked at $996 per ton in January 2023; however, from February 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Spain ($1,264 per ton), while the average price for exports to Italy ($488 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Liberia (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Greece (CIF) - 2022
The average import price for offal, edible; of swine, (other than livers), frozen stood at $2,064 per ton in 2022, with an increase of 49% against the previous year. In general, the import price recorded noticeable growth. The growth pace was the most rapid in 2013 an increase of 57% against the previous year. As a result, import price reached the peak level of $2,408 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
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 Bulgaria ($2,407 per ton), while the price for Romania ($546 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Greece
In 2022, the amount of offal, edible; of swine, (other than livers), frozen exported from Greece surged to 2.1K tons, jumping by 17% compared with 2021 figures. In general, exports saw a relatively flat trend pattern.
In value terms, exports of offal, edible; of swine, (other than livers), frozen rose significantly to $1.9M in 2022. The total export value increased at an average annual rate of +10.6% over the period from 2019 to 2022; 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 17%. The exports peaked in 2022 and are likely to continue growth in years to come.
Export of Offal, Edible; of Swine, (Other than Livers), Frozen in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 466 | 373 | 527 | 553 | 5.9% |
Italy | 3.9 | 14.5 | 115 | 443 | 384.3% |
Cote d'Ivoire | N/A | N/A | 8.7 | 207 | 2279.3% |
Albania | 44.3 | 16.4 | 88.4 | 168 | 55.9% |
Romania | 45.1 | 13.9 | 115 | 95.4 | 28.4% |
Belgium | 22.6 | 90.6 | 99.5 | 73.6 | 48.2% |
Cambodia | N/A | 26.7 | 78.4 | 54.8 | 43.3% |
Angola | N/A | N/A | N/A | 23.2 | 0% |
Hong Kong SAR | 321 | 747 | 455 | N/A | 19.1% |
Vietnam | 398 | 32.0 | N/A | N/A | -92.0% |
Others | 86.3 | 312 | 166 | 258 | 44.1% |
Total | 1,387 | 1,626 | 1,653 | 1,875 | 10.6% |
Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from Greece in 2022:
- Bulgaria (590.9 tons)
- Italy (491.1 tons)
- Cote d'Ivoire (253.5 tons)
- Albania (214.6 tons)
- Romania (140.4 tons)
- Belgium (101.1 tons)
- Angola (70.5 tons)
- Cambodia (49.9 tons)
Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Greece
In 2022, approx. 553 tons of offal, edible; of swine, (other than livers), frozen were imported into Greece; growing by 271% on 2021. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of offal, edible; of swine, (other than livers), frozen surged to $1.1M in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Offal, Edible; of Swine, (Other than Livers), Frozen in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 24.0 | 49.4 | N/A | 877 | 231.8% |
Germany | 48.3 | 10.7 | 50.0 | 87.0 | 21.7% |
Cyprus | 10.7 | 6.5 | 0.9 | 80.3 | 95.8% |
Spain | 65.9 | 35.7 | 73.9 | 55.5 | -5.6% |
Netherlands | 11.0 | 24.9 | 51.6 | 17.6 | 17.0% |
France | 0.8 | 5.3 | 4.8 | 15.6 | 169.2% |
Romania | 0.1 | 1.7 | 7.3 | 8.2 | 334.4% |
Others | 18.5 | 26.1 | 18.3 | 1.0 | -62.2% |
Total | 179 | 160 | 207 | 1,142 | 85.5% |
Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to Greece in 2022:
- Bulgaria (364.2 tons)
- Cyprus (66.8 tons)
- Germany (46.5 tons)
- Spain (38.5 tons)
- Romania (15.0 tons)
- France (12.2 tons)
- Netherlands (9.4 tons)
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This report provides an in-depth analysis of the frozen meat offal market in Greece.
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