Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Colombia - 2022

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Colombia (CIF) - 2022
  2. Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Colombia

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Colombia (CIF) - 2022

In February 2022, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $1,649 per ton, increasing by 2.3% against the previous month. Over the period under review, import price indicated a pronounced increase from February 2021 to February 2022: its price increased at an average monthly rate of +4.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, import price for offal, edible; of bovine animals, livers, frozens decreased by -4.7% against December 2021 indices. The pace of growth appeared the most rapid in August 2021 an increase of 53% against the previous month. As a result, import price reached the peak level of $1,872 per ton. From September 2021 to February 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In February 2022, the country with the highest price was the United States ($1,689 per ton), while the price for Canada totaled $1,450 per ton.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, imports of offal, edible; of bovine animals, livers, frozens into Colombia soared to 3.6K tons, jumping by 31% compared with 2021 figures. Overall, imports, however, continue to indicate a pronounced setback. The growth pace was the most rapid in 2021 with an increase of 109%.

In value terms, imports of offal, edible; of bovine animals, livers, frozens soared to $5.6M in 2022. Over the period under review, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 253%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.61.03.23.914.5%
Uruguay0.2N/AN/A0.858.7%
Canada0.90.10.60.7-8.0%
Argentina0.1N/AN/A0.10.0%
OthersN/AN/AN/AN/A0%
Total3.71.13.95.614.8%

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

  1. United States (2513.7 tons)
  2. Uruguay (516.1 tons)
  3. Canada (471.7 tons)
  4. Argentina (75.9 tons)

Source: IndexBox Market Intelligence Platform

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