Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Ecuador - 2022
Contents:
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Ecuador (CIF) - 2022
- Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Ecuador
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Ecuador (CIF) - 2022
The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $2,790 per ton in 2022, which is down by -3.8% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for offal, edible; of bovine animals, (other than tongues and livers), frozens increased by +77.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 64% against the previous year. As a result, import price reached the peak level of $2,901 per ton, and then shrank 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 Uruguay ($13,505 per ton), while the price for the United States stood at $1,789 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+2.5%).
Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Ecuador
In 2022, supplies from abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens decreased by -17.5% to 35 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 26%.
In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens fell sharply to $97K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.9% 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 +43.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year. As a result, imports attained the peak of $123K, and then declined markedly in the following year.
| Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 58.0 | 60.0 | 94.2 | 57.1 | -0.5% |
| Uruguay | 9.7 | 12.0 | 28.6 | 40.3 | 60.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 67.7 | 72.1 | 123 | 97.4 | 12.9% |
Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to Ecuador in 2022:
- United States (31.9 tons)
- Uruguay (3.0 tons)
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