Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the United Arab Emirates - 2022

Contents:

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

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $2,129 per ton, rising by 45% against the previous year. In general, the import price, however, continues to indicate a mild decline. Over the period under review, average import prices reached the peak figure at $2,459 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Paraguay ($3,138 per ton), while the price for India ($893 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the United Arab Emirates (FOB) - 2022

The average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $3,196 per ton in 2022, falling by -2.7% against the previous year. Overall, the export price, however, saw modest growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 60% against the previous year. The export price peaked at $4,284 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($55,219 per ton), while the average price for exports to Oman ($2,117 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+8.7%), while the prices for the other major destinations experienced a decline.

Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the United Arab Emirates

After three years of growth, purchases abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens decreased by -57.6% to 3.3K tons in 2022. Overall, imports, however, enjoyed a noticeable increase. The pace of growth was the most pronounced in 2020 when imports increased by 81% against the previous year.

In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens fell remarkably to $7M in 2022. Over the period under review, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 46%.

Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1.41.62.42.216.3%
Netherlands2.02.33.41.7-5.3%
Australia1.91.82.01.7-3.6%
ParaguayN/A0.2N/A0.322.5%
BelgiumN/AN/A0.30.30.0%
New ZealandN/AN/AN/A0.30%
India0.10.1N/A0.10.0%
United StatesN/A1.82.5N/A38.9%
Others0.10.40.70.344.2%
Total5.68.111.47.07.7%

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

  1. Netherlands (1077.0 tons)
  2. Brazil (836.2 tons)
  3. Australia (693.4 tons)
  4. Belgium (195.2 tons)
  5. New Zealand (178.1 tons)
  6. India (102.0 tons)
  7. Paraguay (94.2 tons)
  8. United States (30.3 tons)

Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the United Arab Emirates

After three years of growth, overseas shipments of offal, edible; of bovine animals, (other than tongues and livers), frozens decreased by -98.9% to 8 tons in 2022. In general, exports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 162% against the previous year.

In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens fell rapidly to $26K in 2022. Overall, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 248%.

Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman19355.977.015.3-57.0%
MaldivesN/AN/AN/A8.80%
PakistanN/AN/AN/A1.00%
SomaliaN/AN/AN/A0.50%
Hong Kong SAR38.48552,342N/A681.0%
Cote d'Ivoire14.939.7N/AN/A166.4%
Mozambique23.6N/AN/AN/A0%
Others3.5N/AN/AN/A0%
Total2749512,41925.6-54.6%

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

  1. Oman (7.2 tons)
  2. Pakistan (0.5 tons)
  3. Maldives (0.2 tons)
  4. Somalia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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