Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Iraq - 2022
Contents:
- Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Iraq (CIF) - 2022
- Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Iraq
Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Iraq (CIF) - 2022
The average import price for offal, edible; of bovine animals, livers, frozens stood at $1,468 per ton in 2022, picking up by 6.4% against the previous year. In general, the import price showed a notable increase. The most prominent rate of growth was recorded in 2016 an increase of 176% against the previous year. The import price peaked at $2,430 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($2,531 per ton), while the price for India ($923 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Iraq
In 2022, after three years of growth, there was significant decline in purchases abroad of offal, edible; of bovine animals, livers, frozens, when their volume decreased by -38.7% to 74 tons. Over the period under review, imports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 211% against the previous year. As a result, imports reached the peak of 122 tons, and then dropped remarkably in the following year.
In value terms, imports of offal, edible; of bovine animals, livers, frozens dropped significantly to $109K in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 230% against the previous year. As a result, imports attained the peak of $168K, and then declined rapidly in the following year.
| Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 21.2 | 32.0 | N/A | 43.8 | 27.4% |
| United Arab Emirates | 0.3 | 15.1 | 2.2 | 29.1 | 359.5% |
| Netherlands | 1.9 | 1.9 | 5.4 | 18.2 | 112.4% |
| Australia | N/A | N/A | 155 | N/A | 0% |
| Others | 2.2 | 1.9 | 5.4 | 18.2 | 102.2% |
| Total | 25.7 | 50.9 | 168 | 109 | 61.9% |
Top Suppliers of Offal, Edible; of Bovine Animals, Livers, Frozen to Iraq in 2022:
- India (47.4 tons)
- United Arab Emirates (11.5 tons)
- Netherlands (7.8 tons)
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