Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Germany - 2023

Contents:

  1. Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Germany (FOB) - 2023
  2. Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Germany (CIF) - 2023
  3. Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Germany
  4. Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Germany

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Germany (FOB) - 2023

The average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $1,468 per ton in October 2023, declining by -41.4% against the previous month. Over the period under review, the export price showed a noticeable slump. The growth pace was the most rapid in April 2023 an increase of 27% m-o-m. The export price peaked at $2,768 per ton in November 2022; however, from December 2022 to October 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 Canada ($4,941 per ton), while the average price for exports to Ghana ($865 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+4.4%), 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 Germany (CIF) - 2023

The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $6,621 per ton in October 2023, with an increase of 246% against the previous month. Overall, the import price continues to indicate a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($8,343 per ton), while the price for Switzerland totaled $5,170 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+16.5%), 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 Germany

In 2022, shipments abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens decreased by -18.1% to 23K tons, falling for the second year in a row after two years of growth. In general, exports faced a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 3.4% against the previous year. As a result, the exports attained the peak of 35K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens contracted to $55M in 2022. Overall, exports continue to indicate a abrupt setback. The smallest decline of -1.7% was in 2020.

Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania6.94.77.26.90.0%
Netherlands7.05.810.16.0-5.0%
Canada2.94.03.95.221.5%
France7.34.25.35.0-11.9%
Denmark2.93.33.94.717.5%
Poland0.91.51.53.861.6%
Austria2.22.52.53.820.0%
Spain2.31.32.12.98.0%
Ghana2.73.23.42.2-6.6%
Slovakia2.01.71.81.9-1.7%
Cote d'Ivoire1.62.01.71.4-4.4%
South Africa0.50.71.71.337.5%
Switzerland0.90.90.60.8-3.9%
Others26.629.717.69.4-29.3%
Total66.765.663.455.3-6.1%

Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from Germany in 2022:

  1. Ghana (2.4K tons)
  2. Austria (2.3K tons)
  3. Romania (2.2K tons)
  4. Poland (1.8K tons)
  5. Cote d'Ivoire (1.7K tons)
  6. Netherlands (1.5K tons)
  7. Denmark (1.4K tons)
  8. France (1.2K tons)
  9. South Africa (0.9K tons)
  10. Canada (0.8K tons)
  11. Spain (0.8K tons)
  12. Switzerland (0.6K tons)
  13. Slovakia (0.5K tons)

Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Germany

In 2022, purchases abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens decreased by -10.2% to 5.8K tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a perceptible contraction. The pace of growth appeared the most rapid in 2020 with an increase of 4.2% against the previous year. As a result, imports reached the peak of 7K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens contracted to $12M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +33.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of $13M, and then declined in the following year.

Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.21.52.52.324.2%
Austria1.31.11.22.117.3%
France3.42.63.61.9-17.6%
Poland0.40.51.01.451.8%
Italy0.20.31.91.071.0%
Denmark0.40.30.80.931.0%
Ireland0.40.90.60.720.5%
Spain0.20.20.40.426.0%
Sweden0.3N/AN/AN/A0%
Others1.22.71.21.45.3%
Total9.19.913.212.110.0%

Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to Germany in 2022:

  1. Netherlands (1051.6 tons)
  2. Austria (1002.3 tons)
  3. France (864.6 tons)
  4. Poland (825.7 tons)
  5. Italy (661.3 tons)
  6. Denmark (590.9 tons)
  7. Spain (220.2 tons)
  8. Ireland (93.1 tons)
  9. Sweden (5.6 tons)

Source: IndexBox Market Intelligence Platform

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