Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Germany - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Germany (FOB) - 2023
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Germany (CIF) - 2022
- Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Germany
- Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Germany
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Germany (FOB) - 2023
In September 2023, the average export price for offal, edible; of bovine animals, tongues, frozens amounted to $6,483 per ton, approximately equating the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 13% m-o-m. As a result, the export price reached the peak level of $7,299 per ton. From May 2023 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($8,089 per ton), while the average price for exports to Bulgaria ($4,767 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Germany (CIF) - 2022
In 2022, the average import price for offal, edible; of bovine animals, tongues, frozens amounted to $5,309 per ton, rising by 18% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 20% against the previous year. The import price peaked at $5,725 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($6,707 per ton), while the price for Sweden ($3,317 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Germany
In 2022, the amount of offal, edible; of bovine animals, tongues, frozens exported from Germany shrank significantly to 360 tons, dropping by -25.3% compared with the previous year. Over the period under review, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 29%. As a result, the exports reached the peak of 482 tons, and then fell sharply in the following year.
In value terms, exports of offal, edible; of bovine animals, tongues, frozens surged to $2.3M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.1% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 41%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
Export of Offal, Edible; of Bovine Animals, Tongues, Frozen in Germany (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Philippines | N/A | N/A | N/A | 757 | 0% |
France | 127 | 228 | 401 | 599 | 67.7% |
Canada | 446 | 281 | 398 | 345 | -8.2% |
Sweden | 10.2 | 28.8 | 48.5 | 165 | 152.9% |
Switzerland | 125 | 94.4 | 103 | 115 | -2.7% |
Greece | 1.9 | N/A | N/A | 111 | 288.0% |
Austria | 73.4 | 5.3 | 73.3 | 51.5 | -11.1% |
Netherlands | 74.8 | 218 | 88.8 | 19.0 | -36.7% |
Turkey | 38.1 | 38.6 | 29.1 | 17.4 | -23.0% |
Hong Kong SAR | 347 | N/A | 155 | N/A | -33.2% |
Hungary | 116 | 46.5 | 3.9 | N/A | -81.7% |
Vietnam | 67.9 | 87.8 | 30.8 | N/A | -32.6% |
South Africa | N/A | N/A | 59.4 | N/A | 0% |
Others | 137 | 339 | 544 | 160 | 5.3% |
Total | 1,564 | 1,368 | 1,936 | 2,340 | 14.4% |
Top Export Markets for Offal, Edible; of Bovine Animals, Tongues, Frozen from Germany in 2022:
- France (101.2 tons)
- Philippines (99.1 tons)
- Canada (56.4 tons)
- Sweden (25.4 tons)
- Switzerland (20.3 tons)
- Greece (17.5 tons)
- Austria (8.8 tons)
- Turkey (3.0 tons)
- Netherlands (2.9 tons)
Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Germany
In 2022, the amount of offal, edible; of bovine animals, tongues, frozens imported into Germany rose to 372 tons, picking up by 1.7% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 5.1%.
In value terms, imports of offal, edible; of bovine animals, tongues, frozens soared to $2M in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Germany (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 193 | 140 | 175 | 427 | 30.3% |
Spain | 86.2 | 226 | 175 | 390 | 65.4% |
Poland | 236 | 319 | 434 | 310 | 9.5% |
Netherlands | 192 | 229 | 320 | 293 | 15.1% |
France | 156 | 174 | 135 | 152 | -0.9% |
Brazil | 150 | 116 | 126 | 135 | -3.5% |
Austria | 426 | 88.7 | 129 | 106 | -37.1% |
Luxembourg | 46.9 | 12.7 | 14.2 | 20.7 | -23.9% |
Others | 169 | 103 | 131 | 140 | -6.1% |
Total | 1,656 | 1,407 | 1,638 | 1,973 | 6.0% |
Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Germany in 2022:
- Switzerland (93.6 tons)
- Spain (76.6 tons)
- Poland (62.1 tons)
- Netherlands (48.5 tons)
- France (24.3 tons)
- Brazil (21.7 tons)
- Austria (15.7 tons)
- Luxembourg (4.5 tons)
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