Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in the Philippines - 2022
Contents:
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in the Philippines (CIF) - 2022
- Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in the Philippines
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in the Philippines (CIF) - 2022
In 2022, the average import price for offal, edible; of bovine animals, fresh or chilleds amounted to $6,141 per ton, surging by 212% against the previous year. Over the period under review, the import price saw buoyant 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 Australia.
From 2012 to 2022, the rate of growth in terms of prices for Ireland amounted to +30.4% per year.
Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in the Philippines
In 2022, after three years of growth, there was significant decline in supplies from abroad of offal, edible; of bovine animals, fresh or chilleds, when their volume decreased by -98.8% to 2.5 tons. In general, imports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 373%. As a result, imports attained the peak of 202 tons, and then contracted dramatically in the following year.
In value terms, imports of offal, edible; of bovine animals, fresh or chilleds contracted significantly to $15K in 2022. Over the period under review, imports showed a sharp reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 263% against the previous year. As a result, imports attained the peak of $399K, and then dropped rapidly in the following year.
| Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 15.1 | 17.8 | 59.2 | 15.5 | 0.9% |
| Netherlands | N/A | 6.4 | 29.9 | N/A | 367.2% |
| United Kingdom | N/A | N/A | 280 | N/A | 0% |
| United States | 91.9 | 79.3 | N/A | N/A | -13.7% |
| Others | N/A | 6.4 | 29.9 | N/A | 367.2% |
| Total | 107 | 110 | 399 | 15.5 | -47.5% |
Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to the Philippines in 2022:
- Australia (2.5 tons)
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