Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in South Korea - 2022
Contents:
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in South Korea (CIF) - 2022
- Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in South Korea
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in South Korea (CIF) - 2022
The average import price for offal, edible; of bovine animals, tongues, frozens stood at $16,560 per ton in 2022, growing by 103% against the previous year. In general, the import price recorded buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($16,631 per ton), while the price for New Zealand amounted to $5,897 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+19.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in South Korea
In 2022, approx. 5.9 tons of offal, edible; of bovine animals, tongues, frozens were imported into South Korea; declining by -72.4% compared with 2021 figures. In general, imports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 12%.
In value terms, imports of offal, edible; of bovine animals, tongues, frozens reduced dramatically to $98K in 2022. Overall, imports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 87%. As a result, imports reached the peak of $174K, and then reduced remarkably in the following year.
| Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 123 | 72.6 | 158 | 97.5 | -7.5% |
| New Zealand | 11.3 | 12.5 | 16.5 | 0.2 | -73.9% |
| Chile | 34.2 | 8.0 | N/A | N/A | -76.6% |
| Others | 0.6 | N/A | N/A | N/A | 0% |
| Total | 169 | 93.1 | 174 | 97.7 | -16.7% |
Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to South Korea in 2022:
- Australia (5.9 tons)
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