Price for Offal, Edible; of Swine, (Other than Livers), Frozen in the Netherlands - 2023
Contents:
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in the Netherlands (FOB) - 2023
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in the Netherlands (CIF) - 2023
- Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in the Netherlands
- Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in the Netherlands
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in the Netherlands (FOB) - 2023
In November 2023, the average export price for offal, edible; of swine, (other than livers), frozen amounted to $1,895 per ton, rising by 3.6% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 7.5% month-to-month. Over the period under review, the average export prices reached the maximum at $2,116 per ton in December 2022; however, from January 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was South Korea ($2,368 per ton), while the average price for exports to Germany ($314 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 South Korea (+5.2%), 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 the Netherlands (CIF) - 2023
In November 2023, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $904 per ton, falling by -3.1% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 29% month-to-month. As a result, import price attained the peak level of $1,184 per ton. From February 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($1,920 per ton), while the price for Finland ($503 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+6.3%), 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 the Netherlands
In 2022, approx. 276K tons of offal, edible; of swine, (other than livers), frozen were exported from the Netherlands; increasing by 14% on the year before. The total export volume increased at an average annual rate of +12.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 16%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of offal, edible; of swine, (other than livers), frozen expanded notably to $506M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Offal, Edible; of Swine, (Other than Livers), Frozen in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 209 | 223 | 245 | 270 | 8.9% |
| Philippines | 16.3 | 17.1 | 53.4 | 80.5 | 70.3% |
| Thailand | 4.2 | 5.0 | 5.4 | 18.7 | 64.5% |
| Denmark | 1.9 | 14.3 | 26.0 | 14.8 | 98.2% |
| South Korea | 4.1 | 3.5 | 13.1 | 12.0 | 43.0% |
| United Kingdom | 10.9 | 10.8 | 13.8 | 11.5 | 1.8% |
| Japan | 9.5 | 29.3 | 29.7 | 9.2 | -1.1% |
| Hong Kong SAR | 26.8 | 40.3 | 21.7 | 9.2 | -30.0% |
| Cote d'Ivoire | 0.8 | 2.9 | 2.4 | 8.6 | 120.7% |
| Congo | 1.4 | 2.1 | 2.8 | 6.7 | 68.5% |
| Angola | 0.4 | 0.6 | 1.6 | 5.4 | 138.1% |
| Vietnam | 4.9 | 5.4 | 7.0 | 5.3 | 2.7% |
| Democratic Republic of the Congo | 2.7 | 2.5 | 3.0 | 5.0 | 22.8% |
| Others | 26.4 | 24.8 | 42.9 | 48.4 | 22.4% |
| Total | 319 | 381 | 467 | 506 | 16.6% |
Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from the Netherlands in 2022:
- China (117.4K tons)
- Philippines (41.5K tons)
- Thailand (12.9K tons)
- Denmark (10.5K tons)
- Cote d'Ivoire (10.2K tons)
- United Kingdom (8.5K tons)
- South Korea (6.9K tons)
- Hong Kong SAR (6.6K tons)
- Angola (6.3K tons)
- Congo (6.3K tons)
- Vietnam (5.7K tons)
- Japan (5.4K tons)
- Democratic Republic of the Congo (4.6K tons)
Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in the Netherlands
In 2022, after two years of decline, there was significant growth in purchases abroad of offal, edible; of swine, (other than livers), frozen, when their volume increased by 93% to 31K tons. Over the period under review, imports, however, continue to indicate a abrupt descent.
In value terms, imports of offal, edible; of swine, (other than livers), frozen skyrocketed to $22M in 2022. Overall, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Offal, Edible; of Swine, (Other than Livers), Frozen in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.2 | 6.8 | 8.2 | 13.6 | 29.9% |
| Italy | 1.8 | 2.5 | 0.9 | 2.3 | 8.5% |
| Belgium | 3.4 | 2.7 | 0.8 | 1.7 | -20.6% |
| Denmark | N/A | N/A | 0.2 | 0.8 | 300.0% |
| Spain | 1.1 | 0.7 | 0.6 | 0.7 | -14.0% |
| Poland | 0.8 | 1.5 | 0.7 | 0.6 | -9.1% |
| France | 0.7 | 0.5 | 0.3 | 0.5 | -10.6% |
| United Kingdom | 4.8 | 3.6 | N/A | 0.1 | -72.5% |
| Others | 0.5 | 1.3 | 0.6 | 1.9 | 56.0% |
| Total | 19.3 | 19.6 | 12.2 | 22.3 | 4.9% |
Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to the Netherlands in 2022:
- Germany (21.4K tons)
- Italy (2.5K tons)
- Belgium (2.4K tons)
- Spain (0.9K tons)
- Denmark (0.8K tons)
- Poland (0.8K tons)
- France (0.6K tons)
- United Kingdom (0.1K tons)
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