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

Contents:

1. Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Sweden (FOB) - 2023
2. Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Sweden (CIF) - 2022
3. Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Sweden
4. Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Sweden

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

In October 2023, the average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $1,205 per ton, which is down by -41.3% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 70% against the previous month. As a result, the export price reached the peak level of $2,053 per ton, and then contracted dramatically in the following month.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Hong Kong SAR ($2,354 per ton), while the average price for exports to the United Arab Emirates ($1,027 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 (+8.8%), 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 Sweden (CIF) - 2022

The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $3,176 per ton in 2022, increasing by 6.5% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.8% 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 +53.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 36%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Spain ($5,700 per ton), while the price for Norway ($1,013 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+66.3%), 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 Sweden

In 2022, approx. 2.2K tons of offal, edible; of bovine animals, (other than tongues and livers), frozens were exported from Sweden; increasing by 7.1% against 2021 figures. Over the period under review, exports, however, showed a noticeable curtailment.

In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens skyrocketed to $2.8M in 2022. The total export value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

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

1. Cote d'Ivoire (1194.0 tons)
2. Denmark (422.0 tons)
3. Norway (123.1 tons)
4. Finland (106.0 tons)
5. Germany (84.0 tons)
6. Italy (62.2 tons)
7. Estonia (48.0 tons)

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

In 2022, the amount of offal, edible; of bovine animals, (other than tongues and livers), frozens imported into Sweden surged to 270 tons, rising by 65% against the previous year's figure. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 141% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens soared to $857K in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 229% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Finland (168.9 tons)
2. Netherlands (52.3 tons)
3. Denmark (12.8 tons)
4. Spain (12.1 tons)
5. Poland (11.0 tons)
6. Norway (8.0 tons)
7. Ireland (3.8 tons)

Source: IndexBox Market Intelligence Platform