Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Greece - 2023

Contents:

1. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Greece (CIF) - 2023
2. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Greece (FOB) - 2022
3. Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Greece
4. Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Greece

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Greece (CIF) - 2023

The average import price for offal, edible; of bovine animals, livers, frozens stood at $3,662 per ton in November 2023, approximately equating the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 16% m-o-m. Over the period under review, average import prices reached the maximum in November 2023.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Belgium ($7,737 per ton), while the price for France ($1,830 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for offal, edible; of bovine animals, livers, frozens amounted to $1,764 per ton, shrinking by -59.6% against the previous year. Over the period under review, the export price, however, recorded strong growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 197% against the previous year. As a result, the export price attained the peak level of $4,363 per ton, and then shrank notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($3,783 per ton), while the average price for exports to Romania ($325 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Greece recorded growth in supplies from abroad of offal, edible; of bovine animals, livers, frozens, which increased by 3.3% to 867 tons in 2022. The total import volume increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 30%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of offal, edible; of bovine animals, livers, frozens expanded modestly to $2.5M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 43% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

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

1. Netherlands (393.3 tons)
2. Germany (193.5 tons)
3. France (84.4 tons)
4. Spain (60.5 tons)
5. Italy (49.4 tons)
6. Poland (41.0 tons)
7. Belgium (22.7 tons)

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

In 2022, approx. 56 tons of offal, edible; of bovine animals, livers, frozens were exported from Greece; growing by 472% against 2021 figures. Overall, exports recorded a significant expansion. 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, livers, frozens surged to $98K in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 394%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

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

1. Netherlands (23.5 tons)
2. Cyprus (14.1 tons)
3. Bulgaria (10.0 tons)
4. Georgia (5.1 tons)
5. Romania (1.1 tons)
6. Italy (1.1 tons)

Source: IndexBox Market Intelligence Platform