Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Malaysia - 2024
Contents:
- Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Malaysia (CIF) - 2024
- Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Malaysia
Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Malaysia (CIF) - 2024
In January 2024, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $898 per ton, reducing by -6% against the previous month. In general, the import price showed a perceptible decrease. The most prominent rate of growth was recorded in April 2023 an increase of 17% m-o-m. As a result, import price attained the peak level of $1,336 per ton. From May 2023 to January 2024, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In January 2024, the countries with the highest prices were Australia ($1,226 per ton) and New Zealand ($1,181 per ton), while the price for India ($854 per ton) and Argentina ($1,008 per ton) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Australia (-0.2%), while the prices for the other major suppliers experienced a decline.
Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Malaysia
In 2022, imports of offal, edible; of bovine animals, livers, frozens into Malaysia declined markedly to 1.3K tons, which is down by -41.9% on 2021 figures. In general, imports faced a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 44%.
In value terms, imports of offal, edible; of bovine animals, livers, frozens dropped rapidly to $1.8M in 2022. Over the period under review, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 92%. As a result, imports reached the peak of $2.9M, and then dropped markedly in the following year.
| Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 837 | 375 | 1,764 | 1,087 | 9.1% |
| New Zealand | 962 | 664 | 206 | 375 | -27.0% |
| Australia | 679 | 477 | 583 | 342 | -20.4% |
| Argentina | N/A | N/A | 371 | N/A | 0% |
| Others | 13.0 | 9.4 | 8.1 | N/A | -21.1% |
| Total | 2,491 | 1,525 | 2,932 | 1,804 | -10.2% |
Top Suppliers of Offal, Edible; of Bovine Animals, Livers, Frozen to Malaysia in 2022:
- India (828.4 tons)
- New Zealand (246.1 tons)
- Australia (209.3 tons)
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