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

Contents:

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

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

The average import price for offal, edible; of bovine animals, livers, frozens stood at $1,393 per ton in 2022, with a decrease of -15.2% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for offal, edible; of bovine animals, livers, frozens increased by +98.2% against 2015 indices. The growth pace was the most rapid in 2021 an increase of 40%. As a result, import price attained the peak level of $1,644 per ton, and then dropped remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($4,469 per ton), while the price for Romania ($769 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for offal, edible; of bovine animals, livers, frozens amounted to $987 per ton, with an increase of 10% against the previous year. In general, the export price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 37% against the previous year. The export price peaked at $1,211 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($4,992 per ton), while the average price for exports to Denmark ($764 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 Austria (+0.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, after two years of decline, there was significant growth in purchases abroad of offal, edible; of bovine animals, livers, frozens, when their volume increased by 17% to 442 tons. Over the period under review, imports, however, continue to indicate a deep setback.

In value terms, imports of offal, edible; of bovine animals, livers, frozens declined slightly to $616K in 2022. In general, imports, however, recorded a mild descent. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year.

Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1521502291652.8%
Netherlands306258180131-24.6%
Austria83.543.543.611410.9%
Romania19.111.315.372.055.6%
Czech Republic44.172.012068.916.0%
ItalyN/A2.930.760.9358.3%
United Kingdom24.719.9N/AN/A-19.4%
Others17.20.4N/A4.5-36.0%
Total646558619616-1.6%

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

  1. Austria (127.6 tons)
  2. Romania (93.6 tons)
  3. Germany (85.3 tons)
  4. Czech Republic (80.7 tons)
  5. Netherlands (29.3 tons)
  6. Italy (21.0 tons)

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

In 2022, after two years of decline, there was growth in shipments abroad of offal, edible; of bovine animals, livers, frozens, when their volume increased by 3.5% to 308 tons. In general, exports, however, showed a precipitous setback.

In value terms, exports of offal, edible; of bovine animals, livers, frozens rose remarkably to $304K in 2022. Over the period under review, exports, however, faced a deep slump.

Export of Offal, Edible; of Bovine Animals, Livers, Frozen in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine399400154208-19.5%
BulgariaN/AN/AN/A28.20%
Austria19.514.613.426.010.1%
Cote d'IvoireN/AN/AN/A20.10%
DenmarkN/A12.613.119.825.4%
Estonia21.7N/AN/AN/A0%
Belarus28.629.878.0N/A65.1%
Others44.922.38.41.6-67.1%
Total514479267304-16.1%

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

  1. Ukraine (228.2 tons)
  2. Denmark (25.9 tons)
  3. Cote d'Ivoire (25.9 tons)
  4. Bulgaria (22.1 tons)
  5. Austria (5.2 tons)

Source: IndexBox Market Intelligence Platform

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