Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Serbia - 2024

Contents:

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

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

The average export price for offal, edible; of bovine animals, livers, frozens stood at $1,433 per ton in 2022, jumping by 51% against the previous year. In general, the export price showed mild growth. The growth pace was the most rapid in 2019 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,723 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Libya ($1,536 per ton), while the average price for exports to Cote d'Ivoire ($909 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 Libya (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for offal, edible; of bovine animals, livers, frozens stood at $1,115 per ton in 2022, picking up by 49% against the previous year. Over the period under review, the import price enjoyed significant growth. The pace of growth was the most pronounced in 2018 an increase of 157%. 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 Austria.

From 2017 to 2022, the rate of growth in terms of prices for Austria amounted to +31.8% per year.

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

In 2022, shipments abroad of offal, edible; of bovine animals, livers, frozens decreased by -0.6% to 209 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 12% against the previous year. As a result, the exports attained the peak of 221 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of offal, edible; of bovine animals, livers, frozens skyrocketed to $299K in 2022. Over the period under review, exports, however, recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Offal, Edible; of Bovine Animals, Livers, Frozen in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A88.174.224366.1%
Libya97.0N/A28.432.5-30.5%
Cote d'Ivoire10.125.515.122.831.2%
VietnamN/A8.4N/AN/A0%
CongoN/AN/A22.3N/A0%
Guinea24.311.714.6N/A-22.5%
Belarus10.432.2N/AN/A209.6%
LiberiaN/AN/A37.0N/A0%
Others2.93.87.81.1-27.6%
Total14517019929927.3%

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

  1. Russia (161.4 tons)
  2. Cote d'Ivoire (25.1 tons)
  3. Libya (21.2 tons)

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

In 2022, imports of offal, edible; of bovine animals, livers, frozens into Serbia surged to 99 tons, increasing by 359% against 2021. Overall, imports saw a significant expansion. 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 skyrocketed to $110K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Serbia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Austria6.2N/A110321.2%
Bosnia and HerzegovinaN/A4.9N/A0%
Netherlands0.65.6N/A833.3%
Others6.85.60.4-75.7%
Total13.716.1110183.4%

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

  1. Austria (98.5 tons)

Source: IndexBox Market Intelligence Platform

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