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

Contents:

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

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

The average import price for offal, edible; of bovine animals, fresh or chilleds stood at $1,188 per ton in 2022, waning by -9% against the previous year. Over the period under review, the import price, however, saw a strong expansion. Over the period under review, average import prices attained the maximum at $4,500 per ton in 2019; however, from 2020 to 2022, 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 ($5,821 per ton), while the price for Bosnia and Herzegovina ($331 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+79.9%).

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

The average export price for offal, edible; of bovine animals, fresh or chilleds stood at $2,819 per ton in 2022, jumping by 93% against the previous year. Overall, the export price posted a moderate increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 190% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Montenegro ($3,310 per ton), while the average price for exports to North Macedonia ($1,261 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 Montenegro (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 24 tons of offal, edible; of bovine animals, fresh or chilleds were imported into Serbia; increasing by 99% compared with the previous year. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of offal, edible; of bovine animals, fresh or chilleds skyrocketed to $28K in 2022. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Bosnia and Herzegovina (12.8 tons)
2. Croatia (8.6 tons)
3. Netherlands (2.3 tons)

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

After three years of growth, overseas shipments of offal, edible; of bovine animals, fresh or chilleds decreased by -86.7% to 9 tons in 2022. Over the period under review, exports showed a sharp decline. The growth pace was the most rapid in 2020 when exports increased by 42% against the previous year.

In value terms, exports of offal, edible; of bovine animals, fresh or chilleds shrank sharply to $25K in 2022. Overall, exports saw a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 29% against the previous year.

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

1. Montenegro (6.1 tons)
2. North Macedonia (1.9 tons)
3. Italy (1.0 tons)

Source: IndexBox Market Intelligence Platform