Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Canada - 2024

Contents:

1. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Canada (FOB) - 2024
2. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Canada (CIF) - 2024
3. Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Canada
4. Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Canada

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Canada (FOB) - 2024

The average export price for offal, edible; of bovine animals, livers, frozens stood at $1,229 per ton in January 2024, picking up by 4.2% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 16% month-to-month. The export price peaked at $1,445 per ton in September 2023; however, from October 2023 to January 2024, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was Peru ($1,493 per ton), while the average price for exports to Angola ($837 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Canada (CIF) - 2024

In January 2024, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $2,024 per ton, shrinking by -22.1% against the previous month. Overall, the import price saw a abrupt curtailment. The growth pace was the most rapid in October 2023 an increase of 63% month-to-month. Over the period under review, average import prices attained the maximum at $6,284 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From January 2023 to January 2024, the rate of growth in terms of prices for Mexico amounted to -2.8% per month.

Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Canada

For the third consecutive year, Canada recorded decline in shipments abroad of offal, edible; of bovine animals, livers, frozens, which decreased by -17.9% to 5.4K tons in 2022. Overall, exports showed a abrupt decrease. The smallest decline of -3.9% was in 2021.

In value terms, exports of offal, edible; of bovine animals, livers, frozens shrank to $7.4M in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 49% against the previous year. As a result, the exports reached the peak of $8M, and then contracted in the following year.

Top Export Markets for Offal, Edible; of Bovine Animals, Livers, Frozen from Canada in 2022:

1. Angola (1882.2 tons)
2. Bahrain (1115.9 tons)
3. Peru (1035.7 tons)
4. Colombia (380.5 tons)
5. Senegal (300.3 tons)
6. United States (233.1 tons)
7. Chile (152.4 tons)
8. Cote d'Ivoire (72.5 tons)
9. Guinea (48.9 tons)

Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Canada

In 2022, imports of offal, edible; of bovine animals, livers, frozens into Canada contracted significantly to 997 tons, with a decrease of -47.2% against 2021 figures. In general, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 196%. As a result, imports attained the peak of 1.9K tons, and then fell rapidly in the following year.

In value terms, imports of offal, edible; of bovine animals, livers, frozens shrank dramatically to $3.2M in 2022. Over the period under review, imports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 109% against the previous year. As a result, imports reached the peak of $4.1M, and then contracted remarkably in the following year.

Top Suppliers of Offal, Edible; of Bovine Animals, Livers, Frozen to Canada in 2022:

1. United States (882.5 tons)
2. Italy (54.2 tons)
3. Mexico (34.9 tons)
4. Netherlands (25.0 tons)

Source: IndexBox Market Intelligence Platform