Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Russia - 2022

Contents:

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

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

The average import price for offal, edible; of bovine animals, livers, frozens stood at $1,480 per ton in 2022, falling by -23.7% against the previous year. Overall, the import price showed a mild shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by 38% against the previous year. As a result, import price reached the peak level of $1,940 per ton, and then declined notably 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 Belarus ($3,530 per ton), while the price for Argentina ($1,346 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+12.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for offal, edible; of bovine animals, livers, frozens amounted to $2,075 per ton, dropping by -3.4% against the previous year. Overall, the export price continues to indicate a mild curtailment. The growth pace was the most rapid in 2020 when the average export price increased by 21%. Over the period under review, the average export prices reached the peak figure at $2,494 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 Ukraine ($2,126 per ton), while the average price for exports to Tunisia ($1,152 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 Vietnam (+3.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of offal, edible; of bovine animals, livers, frozens into Russia surged to 49K tons, rising by 38% on the previous year. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of offal, edible; of bovine animals, livers, frozens reached $73M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina29.328.637.435.97.0%
Uruguay5.76.612.615.439.3%
Paraguay7.35.49.212.820.6%
Belarus1.45.17.75.557.8%
Brazil0.71.31.93.062.4%
OthersN/A0.10.80.7164.6%
Total44.347.169.673.218.2%

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

  1. Argentina (26.7K tons)
  2. Uruguay (10.6K tons)
  3. Paraguay (8.4K tons)
  4. Brazil (1.8K tons)
  5. Belarus (1.5K tons)

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

Exports of offal, edible; of bovine animals, livers, frozens from Russia totaled 77 tons in 2022, approximately reflecting the previous year's figure. In general, exports, however, showed a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year.

In value terms, exports of offal, edible; of bovine animals, livers, frozens shrank modestly to $160K in 2022. Overall, exports, however, faced a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 34%.

Export of Offal, Edible; of Bovine Animals, Livers, Frozen in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine559115155156-34.7%
Belarus4.80.2N/A2.0-25.3%
TunisiaN/AN/AN/A1.80%
Kazakhstan1048.57.40.2-87.6%
Vietnam22.2N/AN/AN/A0%
Others0.60.13.00.810.1%
Total691124165160-38.6%

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

  1. Ukraine (73.2 tons)
  2. Tunisia (1.6 tons)
  3. Belarus (1.4 tons)
  4. Kazakhstan (0.1 tons)

Source: IndexBox Market Intelligence Platform

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