Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Sri Lanka - 2022

Contents:

  1. Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Sri Lanka (CIF) - 2022
  2. Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Sri Lanka

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Sri Lanka (CIF) - 2022

In 2022, the average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $2,325 per ton, increasing by 17% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% 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 decreased by -35.4% against 2018 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 83%. The import price peaked at $3,601 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +1.2% per year.

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

After three years of growth, purchases abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens decreased by -0.8% to 24 tons in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 1.7%. As a result, imports reached the peak of 24 tons, leveling off in the following year.

In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens skyrocketed to $57K in 2022. Over the period under review, imports continue to indicate a deep slump.

Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia74.164.448.656.5-8.6%
OthersN/AN/AN/AN/A0%
Total74.164.448.656.5-8.6%

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

  1. Australia (24.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Offal, edible; of bovine animals, (other than tongues and livers), frozen - Sri Lanka