Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Vietnam - 2022

Contents:

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

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

In 2022, the average import price for offal, edible; of bovine animals, fresh or chilleds amounted to $5,629 per ton, growing by 14% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 19%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($5,629 per ton), while the price for the Netherlands amounted to $5,625 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+8.4%), 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 Vietnam (FOB) - 2022

The average export price for offal, edible; of bovine animals, fresh or chilleds stood at $1,796 per ton in 2021, growing by 199% against the previous year. Overall, the export price recorded a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2020 to 2021, the rate of growth in terms of prices for Lao People's Democratic Republic amounted to 0.0% per year.

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

In 2022, overseas purchases of offal, edible; of bovine animals, fresh or chilleds were finally on the rise to reach 6.3 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a sharp downturn.

In value terms, imports of offal, edible; of bovine animals, fresh or chilleds surged to $36K in 2022. In general, imports, however, continue to indicate a precipitous descent.

Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia0.1N/AN/A34.9604.1%
Netherlands0.1N/AN/A0.791.3%
Colombia37.45.92.2N/A-75.7%
Ethiopia6.41.81.8N/A-47.0%
Madagascar0.50.10.1N/A-55.3%
India0.90.40.3N/A-42.3%
Egypt6.01.31.0N/A-59.2%
Pakistan9.50.30.1N/A-89.7%
Uganda4.61.41.3N/A-46.8%
Kyrgyzstan0.7N/AN/AN/A0%
Turkey16.01.80.4N/A-84.2%
Brazil15.94.64.6N/A-46.2%
Others8.20.90.9N/A-66.9%
Total10618.512.635.6-30.5%

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

  1. Australia (6.2 tons)
  2. Netherlands (0.1 tons)

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

In 2021, approx. 93 kg of offal, edible; of bovine animals, fresh or chilleds were exported from Vietnam; rising by 86% compared with 2020 figures. In general, exports continue to indicate a significant increase. As a result, the exports attained 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 soared to $167 in 2021. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in Vietnam (USD)
COUNTRY20202021CAGR,
2020-2021
GermanyN/A1670%
Lao People's Democratic Republic30.0N/A0%
OthersN/AN/A0%
Total30.0167456.7%

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

  1. Germany (93.0 kg)

Source: IndexBox Market Intelligence Platform

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