Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Germany - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Germany (FOB) - 2023
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Germany (CIF) - 2023
- Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Germany
- Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Germany
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Germany (FOB) - 2023
In October 2023, the average export price for offal, edible; of bovine animals, fresh or chilleds amounted to $23,414 per ton, jumping by 380% against the previous month. In general, the export price continues to indicate strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Switzerland ($30,921 per ton), while the average price for exports to the UK totaled $10,099 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Germany (CIF) - 2023
In October 2023, the average import price for offal, edible; of bovine animals, fresh or chilleds amounted to $578 per ton, shrinking by -67.1% against the previous month. In general, the import price showed a abrupt setback. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 27% m-o-m. Over the period under review, average import prices reached the maximum at $2,371 per ton in November 2022; however, from December 2022 to October 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Switzerland.
From October 2022 to October 2023, the rate of growth in terms of prices for Poland amounted to +1.9% per month.
Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Germany
After two years of decline, shipments abroad of offal, edible; of bovine animals, fresh or chilleds increased by 7.5% to 13K tons in 2022. In general, exports, however, saw a deep downturn.
In value terms, exports of offal, edible; of bovine animals, fresh or chilleds soared to $54M in 2022. The total export value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 24.6 | 18.7 | 22.2 | 27.0 | 3.2% |
| Spain | 7.0 | 5.1 | 7.8 | 10.6 | 14.8% |
| Italy | 5.0 | 5.0 | 3.8 | 3.9 | -7.9% |
| Netherlands | 1.9 | 2.8 | 2.4 | 2.1 | 3.4% |
| Austria | 1.5 | 1.2 | 1.8 | 1.7 | 4.3% |
| Poland | 1.2 | 0.9 | 1.1 | 1.6 | 10.1% |
| Greece | 1.7 | 1.7 | 1.4 | 1.5 | -4.1% |
| Croatia | 1.1 | 1.0 | 1.3 | 1.2 | 2.9% |
| Czech Republic | 0.9 | 0.6 | 1.0 | 1.1 | 6.9% |
| Denmark | 0.7 | 0.5 | 0.9 | 1.1 | 16.3% |
| Sweden | 0.7 | 0.8 | 0.8 | 0.8 | 4.6% |
| Belgium | 0.2 | 0.4 | 0.5 | 0.7 | 51.8% |
| Lithuania | 0.1 | 0.3 | 0.4 | 0.2 | 26.0% |
| Others | 3.3 | 3.0 | 0.9 | 0.3 | -55.0% |
| Total | 50.0 | 42.0 | 46.3 | 53.7 | 2.4% |
Top Export Markets for Offal, Edible; of Bovine Animals, Fresh or Chilled from Germany in 2022:
- France (4434.6 tons)
- Spain (1744.0 tons)
- Poland (1564.1 tons)
- Italy (931.0 tons)
- Greece (692.9 tons)
- Netherlands (614.5 tons)
- Austria (534.1 tons)
- Czech Republic (460.7 tons)
- Denmark (404.1 tons)
- Croatia (394.3 tons)
- Belgium (238.6 tons)
- Lithuania (189.9 tons)
- Sweden (189.4 tons)
Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Germany
In 2022, imports of offal, edible; of bovine animals, fresh or chilleds into Germany shrank to 20K tons, which is down by -7.4% compared with the previous year. In general, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 5.9%.
In value terms, imports of offal, edible; of bovine animals, fresh or chilleds expanded significantly to $37M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 13%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 12.9 | 13.5 | 13.0 | 12.3 | -1.6% |
| Austria | 5.2 | 5.5 | 7.3 | 7.5 | 13.0% |
| Poland | 3.5 | 2.3 | 4.2 | 6.5 | 22.9% |
| Denmark | 3.1 | 2.3 | 2.7 | 3.7 | 6.1% |
| France | 1.3 | 1.5 | 1.8 | 2.5 | 24.4% |
| Belgium | 2.0 | 1.6 | 1.7 | 2.2 | 3.2% |
| Switzerland | 0.6 | 0.6 | 0.6 | 0.6 | 0.0% |
| Others | 2.7 | 2.0 | 1.7 | 1.9 | -11.1% |
| Total | 31.2 | 29.2 | 33.0 | 37.2 | 6.0% |
Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to Germany in 2022:
- Austria (7.7K tons)
- Denmark (5.1K tons)
- Netherlands (2.4K tons)
- Poland (1.4K tons)
- Switzerland (1.2K tons)
- Belgium (1.1K tons)
- France (0.6K tons)
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