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

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Ireland (FOB) - 2023
  2. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Ireland (CIF) - 2022
  3. Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Ireland
  4. Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Ireland

Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Ireland (FOB) - 2023

In October 2023, the average export price for offal, edible; of bovine animals, fresh or chilleds amounted to $3,770 per ton, reducing by -8.7% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 when the average export price increased by 31% m-o-m. As a result, the export price reached the peak level of $5,363 per ton. From September 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($9,061 per ton), while the average price for exports to Denmark ($950 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+2.9%), 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 Ireland (CIF) - 2022

In 2022, the average import price for offal, edible; of bovine animals, fresh or chilleds amounted to $1,826 per ton, declining by -11% against the previous year. In general, the import price showed a noticeable slump. The pace of growth was the most pronounced in 2013 when the average import price increased by 79%. Over the period under review, average import prices hit record highs at $7,120 per ton in 2014; however, from 2015 to 2022, import prices stood 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 Germany ($7,578 per ton), while the price for the UK amounted to $1,129 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.4%).

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

In 2022, after two years of decline, there was significant growth in shipments abroad of offal, edible; of bovine animals, fresh or chilleds, when their volume increased by 28% to 15K tons. Over the period under review, exports, however, saw a dramatic descent.

In value terms, exports of offal, edible; of bovine animals, fresh or chilleds surged to $52M in 2022. Overall, exports, however, continue to indicate a significant contraction.

Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France28.523.818.121.5-9.0%
United Kingdom55.065.18.513.3-37.7%
Germany8.57.54.34.9-16.8%
Spain5.55.23.34.5-6.5%
Netherlands7.313.44.13.2-24.0%
Italy3.72.21.11.7-22.8%
Poland4.04.20.20.1-70.8%
Sweden25.326.30.10.1-84.2%
Others7.66.12.22.4-31.9%
Total14515441.951.7-29.1%

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

  1. United Kingdom (6.7K tons)
  2. France (3.3K tons)
  3. Netherlands (2.3K tons)
  4. Germany (0.7K tons)
  5. Spain (0.6K tons)
  6. Italy (0.3K tons)
  7. Poland (0.1K tons)

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

Imports of offal, edible; of bovine animals, fresh or chilleds into Ireland surged to 614 tons in 2022, with an increase of 159% compared with the previous year's figure. In general, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 162%. As a result, imports attained the peak of 1K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of offal, edible; of bovine animals, fresh or chilleds surged to $1.1M in 2022. Overall, imports saw prominent growth.

Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom8681,921318624-10.4%
Germany5.821.7162450326.5%
Others4.20.66.247.6124.6%
Total8781,9434871,1228.5%

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

  1. United Kingdom (553.2 tons)
  2. Germany (59.4 tons)

Source: IndexBox Market Intelligence Platform

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