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

Contents:

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

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

In 2022, the average import price for offal, edible; of bovine animals, fresh or chilleds amounted to $3,494 per ton, waning by -5.5% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 decreased by -28.5% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 43% against the previous year. As a result, import price reached the peak level of $4,889 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($4,465 per ton), while the price for Italy ($1,990 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for offal, edible; of bovine animals, fresh or chilleds stood at $697 per ton in 2022, rising by 20% against the previous year. Overall, the export price, however, faced a abrupt shrinkage. Over the period under review, the average export prices attained the maximum at $3,102 per ton in 2013; however, from 2014 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 Moldova ($3,343 per ton), while the average price for exports to Poland ($325 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-2.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of offal, edible; of bovine animals, fresh or chilleds decreased by -27.4% to 1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 46%. As a result, imports reached the peak of 1.4K tons, and then dropped rapidly in the following year.

In value terms, imports of offal, edible; of bovine animals, fresh or chilleds contracted notably to $3.7M in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 42% against the previous year. As a result, imports reached the peak of $5.3M, and then shrank notably in the following year.

Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,9872,5743,6781,883-1.8%
Poland47.14138641,071183.3%
Netherlands5014975645140.9%
Italy1,01210889.8118-51.1%
Hungary94.079.972.129.7-31.9%
Others28.698.569.350.220.6%
Total3,6703,7705,3373,665-0.0%

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

  1. Germany (511.7 tons)
  2. Poland (343.8 tons)
  3. Netherlands (115.0 tons)
  4. Italy (59.4 tons)
  5. Hungary (9.1 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of offal, edible; of bovine animals, fresh or chilleds, when their volume decreased by -24.6% to 183 tons. Over the period under review, exports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. As a result, the exports reached the peak of 243 tons, and then dropped remarkably in the following year.

In value terms, exports of offal, edible; of bovine animals, fresh or chilleds fell to $128K in 2022. The total export value increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 26%. As a result, the exports attained the peak of $141K, and then dropped in the following year.

Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal6.816.252.025.054.3%
MoldovaN/AN/AN/A23.70%
Italy30.631.338.121.4-11.2%
Netherlands0.61.11.214.5189.1%
Bulgaria9.816.822.212.58.4%
United Kingdom16.125.117.36.9-24.6%
Hungary3.12.53.65.218.8%
Others34.819.27.018.4-19.1%
Total1021121411287.9%

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

  1. Italy (64.5 tons)
  2. Portugal (57.0 tons)
  3. Netherlands (20.5 tons)
  4. Bulgaria (19.3 tons)
  5. Moldova (7.1 tons)
  6. Hungary (4.8 tons)
  7. United Kingdom (3.1 tons)

Source: IndexBox Market Intelligence Platform

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