Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Italy - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Italy (CIF) - 2023
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Italy (FOB) - 2023
- Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Italy
- Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Italy
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Italy (CIF) - 2023
The average import price for offal, edible; of bovine animals, fresh or chilleds stood at $17,309 per ton in October 2023, surging by 171% against the previous month. Overall, the import price posted strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From October 2022 to October 2023, the rate of growth in terms of prices for Spain amounted to +4.7% per month.
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Italy (FOB) - 2023
The average export price for offal, edible; of bovine animals, fresh or chilleds stood at $33,749 per ton in October 2023, surging by 640% against the previous month. Overall, the export price recorded buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Japan.
From October 2022 to October 2023, the rate of growth in terms of prices for Spain amounted to +5.3% per month.
Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Italy
After two years of decline, purchases abroad of offal, edible; of bovine animals, fresh or chilleds increased by 16% to 3.1K tons in 2022. Over the period under review, imports, however, saw a noticeable setback.
In value terms, imports of offal, edible; of bovine animals, fresh or chilleds surged to $19M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 7.9 | 7.6 | 8.1 | 7.6 | -1.3% |
| Germany | 2.3 | 2.1 | 1.7 | 2.4 | 1.4% |
| Spain | 0.5 | 0.5 | 0.4 | 1.9 | 56.0% |
| Poland | 1.0 | 1.2 | 1.2 | 1.7 | 19.3% |
| Belgium | 1.6 | 1.3 | 1.6 | 1.7 | 2.0% |
| France | 1.1 | 1.3 | 1.3 | 1.4 | 8.4% |
| Austria | 0.5 | 0.5 | 0.4 | 0.6 | 6.3% |
| Others | 0.9 | 0.8 | 0.8 | 1.2 | 10.1% |
| Total | 15.7 | 15.3 | 15.5 | 18.6 | 5.8% |
Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to Italy in 2022:
- Netherlands (1076.1 tons)
- Spain (407.9 tons)
- Germany (406.2 tons)
- France (341.3 tons)
- Poland (293.0 tons)
- Belgium (230.5 tons)
- Austria (134.5 tons)
Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Italy
In 2022, approx. 3.2K tons of offal, edible; of bovine animals, fresh or chilleds were exported from Italy; shrinking by -8.5% compared with the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 20%. As a result, the exports reached the peak of 3.5K tons, and then dropped in the following year.
In value terms, exports of offal, edible; of bovine animals, fresh or chilleds rose significantly to $15M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.7% 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 +62.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 49%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.1 | 5.6 | 8.5 | 9.8 | 17.1% |
| Greece | 0.8 | 1.6 | 2.0 | 1.0 | 7.7% |
| Spain | 0.8 | 0.6 | 0.9 | 0.9 | 4.0% |
| Netherlands | 0.1 | N/A | 0.3 | 0.7 | 91.3% |
| Germany | 0.5 | 0.4 | 0.5 | 0.6 | 6.3% |
| Poland | N/A | 0.1 | 0.6 | 0.4 | 100.0% |
| Slovenia | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Croatia | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Cote d'Ivoire | 0.2 | N/A | N/A | N/A | 0% |
| Romania | 0.8 | 0.3 | 0.4 | N/A | -29.3% |
| Ghana | N/A | 0.3 | 0.1 | N/A | -66.7% |
| Others | 0.6 | 0.2 | 0.4 | 1.4 | 32.6% |
| Total | 10.4 | 9.4 | 14.1 | 15.3 | 13.7% |
Top Export Markets for Offal, Edible; of Bovine Animals, Fresh or Chilled from Italy in 2022:
- France (1712.7 tons)
- Greece (472.0 tons)
- Spain (310.2 tons)
- Netherlands (296.2 tons)
- Germany (86.0 tons)
- Slovenia (85.6 tons)
- Poland (66.5 tons)
- Croatia (59.5 tons)
- Romania (8.1 tons)
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