Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Estonia - 2023

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Estonia (CIF) - 2022
  2. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Estonia (FOB) - 2022
  3. Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Estonia
  4. Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Estonia

Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Estonia (CIF) - 2022

In 2022, the average import price for offal, edible; of bovine animals, fresh or chilleds amounted to $5,170 per ton, picking up by 11% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 bovine animals, fresh or chilleds increased by +95.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 76% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Poland ($7,276 per ton), while the price for Lithuania ($3,281 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Estonia (FOB) - 2022

In 2022, the average export price for offal, edible; of bovine animals, fresh or chilleds amounted to $2,824 per ton, reducing by -10.2% against the previous year. Over the period under review, the export price, however, posted prominent growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 165% against the previous year. Over the period under review, the average export prices hit record highs at $3,841 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($3,923 per ton), while the average price for exports to Finland amounted to $1,345 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+4.3%).

Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Estonia

In 2022, imports of offal, edible; of bovine animals, fresh or chilleds into Estonia skyrocketed to 39 tons, with an increase of 25% against the previous year. Over the period under review, imports saw buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 86%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of offal, edible; of bovine animals, fresh or chilleds skyrocketed to $203K in 2022. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 227%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland45.135.296.613443.8%
Lithuania12.45.541.338.846.3%
Latvia1.01.81.130.7213.1%
Others4.72.16.6N/A18.5%
Total63.344.514620347.5%

Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to Estonia in 2022:

  1. Poland (18.4 tons)
  2. Lithuania (11.8 tons)
  3. Latvia (9.1 tons)

Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Estonia

In 2022, shipments abroad of offal, edible; of bovine animals, fresh or chilleds decreased by -74.3% to 68 kg, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 87%. As a result, the exports attained the peak of 683 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of offal, edible; of bovine animals, fresh or chilleds declined markedly to $192 in 2022. Over the period under review, exports recorded a dramatic shrinkage. The growth pace was the most rapid in 2020 when exports increased by 58% against the previous year. As a result, the exports attained the peak of $2.2K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in Estonia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway1,3742,121752153-51.9%
Finland28.097.081.039.011.7%
OthersN/AN/AN/AN/A0%
Total1,4022,218833192-48.5%

Top Export Markets for Offal, Edible; of Bovine Animals, Fresh or Chilled from Estonia in 2022:

  1. Norway (39.0 kg)
  2. Finland (29.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event

Nothing found. Please try again.


Free Data: Offal, edible; of bovine animals, fresh or chilled - Estonia