Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Japan - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Japan (CIF) - 2023
- Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Japan
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Japan (CIF) - 2023
In November 2023, the average import price for offal, edible; of bovine animals, fresh or chilleds amounted to $16,499 per ton, dropping by -5% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 6.9% m-o-m. As a result, import price attained the peak level of $18,649 per ton. From August 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($17,506 per ton), while the price for Canada ($14,170 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Japan
Imports of offal, edible; of bovine animals, fresh or chilleds into Japan reduced slightly to 43K tons in 2022, dropping by -4.3% compared with the year before. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 5%. As a result, imports attained the peak of 44K tons, and then contracted in the following year.
In value terms, imports of offal, edible; of bovine animals, fresh or chilleds dropped to $770M in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 29%. As a result, imports attained the peak of $799M, and then dropped in the following year.
| Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 478 | 490 | 611 | 586 | 7.0% |
| Australia | 91.8 | 77.8 | 101 | 104 | 4.2% |
| Canada | 57.6 | 46.5 | 79.6 | 73.5 | 8.5% |
| Others | 6.3 | 5.9 | 7.0 | 6.8 | 2.6% |
| Total | 634 | 620 | 799 | 770 | 6.7% |
Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to Japan in 2022:
- United States (30.8K tons)
- Australia (6.3K tons)
- Canada (4.8K tons)
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