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

Contents:

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

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

In November 2023, the average export price for offal, edible; of bovine animals, livers, frozens amounted to $836 per ton, with a decrease of -5.1% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 13% month-to-month. The export price peaked at $1,013 per ton in June 2023; however, from July 2023 to November 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In November 2023, the highest price was recorded for prices to Malaysia ($936 per ton) and Saudi Arabia ($925 per ton), while the average price for exports to Cote d'Ivoire ($625 per ton) and Mozambique ($668 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2021, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $1,795 per ton, almost unchanged from the previous year. Overall, the import price showed a resilient expansion. The growth pace was the most rapid in 2020 a decrease of 99.9% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Namibia ($9,308 per ton), while the price for Egypt amounted to $1,307 per ton.

From 2016 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of offal, edible; of bovine animals, livers, frozens decreased by -10% to 7.2K tons, falling for the second consecutive year after two years of growth. Overall, exports saw a deep reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 3.1%. As a result, the exports reached the peak of 10K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of offal, edible; of bovine animals, livers, frozens declined modestly to $8.4M in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 18%. As a result, the exports reached the peak of $10M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Egypt (3352.7 tons)
2. Democratic Republic of the Congo (816.0 tons)
3. Bangladesh (756.0 tons)
4. Angola (672.0 tons)
5. Congo (562.0 tons)
6. Malaysia (320.4 tons)
7. Kuwait (129.9 tons)
8. Pakistan (56.0 tons)

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

In 2021, imports of offal, edible; of bovine animals, livers, frozens into India totaled 16 tons, therefore, remained relatively stable against the previous year's figure. Over the period under review, imports continue to indicate significant growth. The smallest decline of 99.9% was in 2020. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, imports of offal, edible; of bovine animals, livers, frozens totaled $29K in 2021. In general, imports enjoyed significant growth. The smallest decline of 99.9% was in 2020. Imports peaked in 2021 and are likely to continue growth in the immediate term.

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

1. Egypt (15.4 tons)
2. Namibia (1.0 tons)

Source: IndexBox Market Intelligence Platform