Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Canada - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Canada (FOB) - 2023
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Canada (CIF) - 2023
- Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Canada
- Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Canada
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Canada (FOB) - 2023
The average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $4,415 per ton in December 2023, declining by -2.1% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 16% month-to-month. Over the period under review, the average export prices attained the maximum at $4,758 per ton in September 2023; however, from October 2023 to December 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 South Korea ($5,158 per ton), while the average price for exports to Cote d'Ivoire ($811 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+2.3%), 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 Canada (CIF) - 2023
The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $3,072 per ton in December 2023, therefore, remained relatively stable against the previous month. In general, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in July 2023 an increase of 17% m-o-m. Over the period under review, average import prices attained the peak figure at $3,843 per ton in August 2023; however, from September 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($5,013 per ton), while the price for Australia ($1,963 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Denmark (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Canada
Exports of offal, edible; of bovine animals, (other than tongues and livers), frozens from Canada soared to 52K tons in 2022, growing by 47% on 2021. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens surged to $233M in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 78%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 62.7 | 70.5 | 102 | 86.1 | 11.2% |
| Japan | 5.6 | 7.9 | 14.2 | 53.1 | 111.7% |
| Vietnam | 0.1 | N/A | 10.3 | 30.7 | 574.6% |
| Mexico | 10.1 | 9.3 | 27.0 | 29.7 | 43.3% |
| South Korea | 1.5 | 1.4 | 1.4 | 16.5 | 122.4% |
| Hong Kong SAR | 2.3 | 2.7 | 5.0 | 7.6 | 48.9% |
| Philippines | 3.1 | 1.8 | 7.2 | 6.3 | 26.7% |
| Cote d'Ivoire | 0.7 | 0.8 | 0.9 | 0.9 | 8.7% |
| Others | 1.7 | 0.8 | 1.3 | 2.0 | 5.6% |
| Total | 87.9 | 95.1 | 169 | 233 | 38.4% |
Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from Canada in 2022:
- United States (16.5K tons)
- Japan (13.4K tons)
- Mexico (8.0K tons)
- Vietnam (6.0K tons)
- South Korea (2.8K tons)
- Philippines (1.8K tons)
- Hong Kong SAR (1.3K tons)
- Cote d'Ivoire (1.1K tons)
Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Canada
Imports of offal, edible; of bovine animals, (other than tongues and livers), frozens into Canada surged to 14K tons in 2022, growing by 52% on 2021. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.4% 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 +78.8% against 2019 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, (other than tongues and livers), frozens skyrocketed to $51M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.3 | 15.7 | 11.8 | 19.5 | 19.9% |
| Italy | 1.1 | 2.7 | 5.1 | 8.7 | 99.2% |
| Ireland | 2.5 | 2.5 | 2.0 | 4.7 | 23.4% |
| United Kingdom | 1.6 | 1.6 | 2.7 | 3.9 | 34.6% |
| Germany | 1.7 | 3.5 | 3.4 | 3.8 | 30.8% |
| Denmark | 0.8 | 1.2 | 2.2 | 2.9 | 53.6% |
| Netherlands | 1.9 | 1.4 | 1.4 | 2.4 | 8.1% |
| Spain | N/A | 0.6 | 1.5 | 2.1 | 87.1% |
| Australia | 0.2 | 1.3 | 0.1 | 0.2 | 0.0% |
| Others | 0.3 | 1.3 | 1.0 | 2.6 | 105.4% |
| Total | 21.4 | 31.7 | 31.2 | 50.8 | 33.4% |
Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to Canada in 2022:
- United States (6.6K tons)
- Italy (2.5K tons)
- United Kingdom (0.8K tons)
- Ireland (0.8K tons)
- Spain (0.8K tons)
- Germany (0.7K tons)
- Denmark (0.6K tons)
- Netherlands (0.5K tons)
- Australia (0.1K tons)
365
This report provides an in-depth analysis of the frozen meat offal market in Canada.
296
This report provides an in-depth analysis of the fresh meat offal market in Canada.
489
Global Frozen Meat Offal Market Report 2018. This report provides an in-depth analysis of the global frozen meat offal market.
514
Global Fresh Meat Offal Market Report 2018. This report provides an in-depth analysis of the global fresh meat offal market.
365
This report provides an in-depth analysis of the frozen meat offal market in Canada.
296
This report provides an in-depth analysis of the fresh meat offal market in Canada.
489
Global Frozen Meat Offal Market Report 2018. This report provides an in-depth analysis of the global frozen meat offal market.
514
Global Fresh Meat Offal Market Report 2018. This report provides an in-depth analysis of the global fresh meat offal market.
Nothing found. Please try again.
