Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Brazil - 2024
Contents:
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Brazil (FOB) - 2024
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Brazil (CIF) - 2022
- Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Brazil
- Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Brazil
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Brazil (FOB) - 2024
In January 2024, the average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $1,868 per ton, reducing by -8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in March 2023 when the average export price increased by 16% m-o-m. The export price peaked at $2,069 per ton in November 2023; however, from December 2023 to January 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was Lao People's Democratic Republic ($3,672 per ton), while the average price for exports to Sierra Leone ($846 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Brazil (CIF) - 2022
In 2022, the average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $3,113 per ton, growing by 15% against the previous year. Over the period under review, the import price, however, faced a deep reduction. The pace of growth was the most pronounced in 2018 an increase of 357% against the previous year. As a result, import price attained the peak level of $13,084 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
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 Paraguay ($3,351 per ton), while the price for Uruguay totaled $1,161 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+9.2%).
Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Brazil
Exports of offal, edible; of bovine animals, (other than tongues and livers), frozens from Brazil contracted to 121K tons in 2022, waning by -6.5% compared with 2021 figures. Over the period under review, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 1.2% against the previous year.
In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens declined notably to $246M in 2022. In general, exports faced a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 8.4%.
| Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 283 | 222 | 186 | 101 | -29.1% |
| Russia | 2.3 | 2.9 | 6.8 | 17.0 | 94.8% |
| Myanmar | 0.2 | 8.6 | 23.9 | 15.4 | 325.4% |
| Cote d'Ivoire | 7.8 | 10.0 | 12.0 | 12.8 | 18.0% |
| Thailand | 2.0 | 2.7 | 14.0 | 12.7 | 85.2% |
| Peru | 8.5 | 4.2 | 8.3 | 10.1 | 5.9% |
| Democratic Republic of the Congo | 4.1 | 4.2 | 4.6 | 9.4 | 31.9% |
| Malaysia | 0.4 | 0.1 | N/A | 9.2 | 184.4% |
| Ghana | 2.6 | 8.3 | 11.2 | 9.1 | 51.8% |
| Egypt | 9.3 | 6.2 | 5.5 | 8.3 | -3.7% |
| Singapore | 0.8 | 3.3 | 3.7 | 8.2 | 117.2% |
| Congo | 1.9 | 2.1 | 5.1 | 3.8 | 26.0% |
| Angola | 3.1 | 2.8 | 2.4 | 3.1 | 0.0% |
| Others | 13.3 | 10.5 | 28.6 | 25.6 | 24.4% |
| Total | 339 | 288 | 312 | 246 | -10.1% |
Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from Brazil in 2022:
- Hong Kong SAR (42.9K tons)
- Cote d'Ivoire (12.7K tons)
- Ghana (8.4K tons)
- Democratic Republic of the Congo (6.9K tons)
- Russia (6.8K tons)
- Myanmar (5.3K tons)
- Thailand (4.7K tons)
- Egypt (4.4K tons)
- Peru (4.4K tons)
- Singapore (2.8K tons)
- Congo (2.7K tons)
- Angola (2.6K tons)
- Malaysia (2.6K tons)
Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Brazil
In 2022, after three years of growth, there was significant decline in purchases abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens, when their volume decreased by -37.2% to 1.3K tons. Overall, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 50%.
In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens fell rapidly to $4.1M in 2022. Over the period under review, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 127% against the previous year. As a result, imports attained the peak of $5.7M, and then contracted remarkably in the following year.
| Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 2.8 | 2.4 | 4.8 | 3.9 | 11.7% |
| Uruguay | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Argentina | N/A | 0.1 | 0.3 | N/A | 200.0% |
| Others | N/A | N/A | 0.3 | N/A | 0% |
| Total | 2.8 | 2.5 | 5.7 | 4.1 | 13.6% |
Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to Brazil in 2022:
- Paraguay (1172.5 tons)
- Uruguay (143.2 tons)
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