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

Contents:

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

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

In 2022, the average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $2,886 per ton, waning by -13.9% against the previous year. In general, the export price, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 an increase of 117% against the previous year. As a result, the export price attained the peak level of $3,354 per ton, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($3,155 per ton), while the average price for exports to Democratic Republic of the Congo totaled $492 per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+43.0%).

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

The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $1,923 per ton in 2022, dropping by -2.4% against the previous year. Overall, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 29% against the previous year. The import price peaked at $3,422 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($5,294 per ton), while the price for Egypt stood at $937 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+46.4%).

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

In 2022, after two years of growth, there was significant decline in shipments abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens, when their volume decreased by -32.6% to 327 tons. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 187% against the previous year. As a result, the exports reached the peak of 485 tons, and then contracted significantly in the following year.

In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens reduced sharply to $944K in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 524%. As a result, the exports reached the peak of $1.6M, and then fell dramatically in the following year.

Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Venezuela (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Hong Kong SAR2611,55092788.5%
Democratic Republic of the CongoN/AN/A16.20%
Cote d'IvoireN/A67.9N/A0%
OthersN/A9.0N/A0%
Total2611,62694490.2%

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

  1. Hong Kong SAR (293.9 tons)
  2. Democratic Republic of the Congo (33.0 tons)

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

In 2022, after three years of growth, there was significant decline in purchases abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens, when their volume decreased by -30.9% to 85 tons. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 159%.

In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens reduced dramatically to $163K in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 187% against the previous year. As a result, imports reached the peak of $242K, and then shrank notably in the following year.

Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil30.773.317510249.2%
EgyptN/A11.066.961.4136.3%
OthersN/AN/AN/AN/A0%
Total30.784.324216374.5%

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

  1. Egypt (65.6 tons)
  2. Brazil (19.2 tons)

Source: IndexBox Market Intelligence Platform

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