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

Contents:

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

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

The average export price for offal, edible; of bovine animals, fresh or chilleds stood at $6,450 per ton in October 2023, jumping by 69% against the previous month. Overall, export price indicated prominent growth from October 2022 to October 2023: its price increased at an average monthly rate of +5.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for offal, edible; of bovine animals, fresh or chilleds increased by +94.8% against July 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($16,983 per ton), while the average price for exports to Vietnam ($2,494 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 Switzerland (+5.4%), 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 the Netherlands (CIF) - 2023

In October 2023, the average import price for offal, edible; of bovine animals, fresh or chilleds amounted to $16,649 per ton, rising by 1,145% against the previous month. Overall, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($21,955 per ton), while the price for the UK ($14,943 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of offal, edible; of bovine animals, fresh or chilleds was finally on the rise to reach 24K tons after two years of decline. Overall, total exports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of offal, edible; of bovine animals, fresh or chilleds amounted to $93M in 2022. In general, exports, however, recorded a noticeable slump.

Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France32.129.133.537.25.0%
Germany22.921.625.927.56.3%
Italy31.110.38.98.5-35.1%
Belgium3.95.23.75.19.4%
Greece3.33.52.83.2-1.0%
United Kingdom2.82.02.43.02.3%
Austria2.21.71.31.4-14.0%
Others9.75.65.76.8-11.2%
Total10878.984.292.7-5.0%

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

  1. Germany (9.1K tons)
  2. France (8.2K tons)
  3. Italy (1.8K tons)
  4. Belgium (1.3K tons)
  5. Greece (1.0K tons)
  6. United Kingdom (0.5K tons)
  7. Austria (0.4K tons)

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

In 2022, supplies from abroad of offal, edible; of bovine animals, fresh or chilleds decreased by -9.4% to 3.5K tons, falling for the second consecutive year after two years of growth. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 250% against the previous year. As a result, imports reached the peak of 5.8K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of offal, edible; of bovine animals, fresh or chilleds declined dramatically to $4.3M in 2022. Over the period under review, imports, however, recorded perceptible growth. The most prominent rate of growth was recorded in 2020 with an increase of 186% against the previous year. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2.96.34.33.78.5%
Luxembourg0.10.10.10.10.0%
United KingdomN/A0.20.10.1-29.3%
Germany0.52.53.00.1-41.5%
Others0.31.61.00.410.1%
Total3.710.78.54.35.1%

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

  1. Belgium (3227.6 tons)
  2. Luxembourg (113.7 tons)
  3. United Kingdom (73.3 tons)
  4. Germany (24.3 tons)

Source: IndexBox Market Intelligence Platform

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