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

Contents:

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

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

The average export price for offal, edible; of bovine animals, livers, frozens stood at $1,258 per ton in November 2023, surging by 4.9% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 9.5% against the previous month. The export price peaked at $1,457 per ton in June 2023; however, from July 2023 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($2,256 per ton), while the average price for exports to Denmark ($925 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for offal, edible; of bovine animals, livers, frozens stood at $3,820 per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price posted notable growth. The pace of growth was the most pronounced in 2017 an increase of 121%. The import price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +4.4% per year.

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

In 2022, shipments abroad of offal, edible; of bovine animals, livers, frozens decreased by -8.5% to 6.8K tons, falling for the second year in a row after two years of growth. In general, exports recorded a pronounced reduction. The growth pace was the most rapid in 2020 with an increase of 6.3%. As a result, the exports reached the peak of 7.7K 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 shrank to $9M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 46% against the previous year. As a result, the exports reached the peak of $9.7M, and then declined in the following year.

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

1. Senegal (3589.2 tons)
2. South Africa (1175.9 tons)
3. France (365.7 tons)
4. Netherlands (251.9 tons)
5. United States (202.8 tons)
6. Ghana (186.6 tons)
7. Cote d'Ivoire (179.8 tons)
8. Guinea (173.5 tons)
9. Switzerland (126.7 tons)
10. United Kingdom (87.2 tons)

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

In 2022, purchases abroad of offal, edible; of bovine animals, livers, frozens decreased by 0% to 167 kg, falling for the second year in a row after two years of growth. In general, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 27,207% against the previous year. As a result, imports attained the peak of 31 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of offal, edible; of bovine animals, livers, frozens stood at $638 in 2022. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 7,071%. As a result, imports attained the peak of $21K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. France (167.0 kg)

Source: IndexBox Market Intelligence Platform