Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Ireland - 2023
Contents:
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Ireland (FOB) - 2023
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Ireland (CIF) - 2022
- Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Ireland
- Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Ireland
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Ireland (FOB) - 2023
The average export price for offal, edible; of swine, (other than livers), frozen stood at $1,564 per ton in November 2023, with a decrease of -3.2% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 when the average export price increased by 13% against the previous month. The export price peaked at $1,969 per ton in April 2023; however, from May 2023 to November 2023, the export prices stood at a somewhat 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 South Korea ($2,113 per ton), while the average price for exports to Cote d'Ivoire ($956 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 (+4.3%), 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 Ireland (CIF) - 2022
In 2022, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $1,839 per ton, growing by 14% against the previous year. In general, the import price saw perceptible growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 163%. As a result, import price attained the peak level of $3,852 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($2,305 per ton), while the price for the UK ($1,272 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Ireland
In 2022, overseas shipments of offal, edible; of swine, (other than livers), frozen decreased by -19.1% to 20K tons, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 8.5%. As a result, the exports reached the peak of 27K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of offal, edible; of swine, (other than livers), frozen dropped remarkably to $31M in 2022. In general, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 7.9% against the previous year. As a result, the exports reached the peak of $43M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Offal, Edible; of Swine, (Other than Livers), Frozen in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.2 | 37.6 | 33.8 | 17.1 | -21.4% |
| Philippines | 1.2 | 1.6 | 2.9 | 6.3 | 73.8% |
| South Korea | 0.1 | 0.3 | 1.5 | 1.9 | 166.8% |
| Vietnam | 0.2 | 0.3 | 0.1 | 1.8 | 108.0% |
| South Africa | N/A | 0.2 | 0.5 | 0.6 | 73.2% |
| United Kingdom | 1.1 | 0.6 | 0.7 | 0.5 | -23.1% |
| Denmark | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Cote d'Ivoire | 0.2 | 0.3 | 0.2 | 0.3 | 14.5% |
| Others | 2.1 | 2.2 | 2.8 | 1.6 | -8.7% |
| Total | 40.1 | 43.3 | 42.7 | 30.5 | -8.7% |
Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from Ireland in 2022:
- China (10.8K tons)
- Philippines (3.9K tons)
- Vietnam (1.4K tons)
- South Korea (0.9K tons)
- Denmark (0.7K tons)
- South Africa (0.6K tons)
- Cote d'Ivoire (0.5K tons)
- United Kingdom (0.4K tons)
Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Ireland
In 2022, the amount of offal, edible; of swine, (other than livers), frozen imported into Ireland was estimated at 443 tons, picking up by 8.2% against 2021. Overall, imports, however, continue to indicate a pronounced slump.
In value terms, imports of offal, edible; of swine, (other than livers), frozen soared to $814K in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. 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 Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 521 | 502 | 531 | 746 | 12.7% |
| France | 15.4 | 11.5 | 25.4 | 30.1 | 25.0% |
| United Kingdom | 147 | 215 | 70.6 | 26.9 | -43.2% |
| Others | 10.9 | 41.5 | 35.7 | 10.9 | 0.0% |
| Total | 694 | 770 | 663 | 814 | 5.5% |
Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to Ireland in 2022:
- Germany (404.7 tons)
- United Kingdom (21.2 tons)
- France (13.0 tons)
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