Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Uruguay - 2022

Contents:

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

Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Uruguay (FOB) - 2022

The average export price for offal, edible; of bovine animals, tongues, frozens stood at $3,482 per ton in 2022, shrinking by -3.8% against the previous year. Overall, the export price saw a perceptible contraction. The pace of growth appeared the most rapid in 2018 an increase of 37% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,402 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($4,464 per ton), while the average price for exports to Hong Kong SAR ($2,766 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 Colombia (+3.4%), while the prices for the other major destinations experienced a decline.

Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Uruguay (CIF) - 2022

The average import price for offal, edible; of bovine animals, tongues, frozens stood at $2,535 per ton in 2022, dropping by -7.4% against the previous year. Over the period under review, the import price showed a mild decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 46%. As a result, import price reached the peak level of $4,350 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($2,591 per ton), while the price for Paraguay amounted to $2,460 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+6.2%).

Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Uruguay

In 2022, after three years of growth, there was significant decline in overseas shipments of offal, edible; of bovine animals, tongues, frozens, when their volume decreased by -10.1% to 2.4K tons. The total export volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 25%. As a result, the exports reached the peak of 2.6K tons, and then reduced in the following year.

In value terms, exports of offal, edible; of bovine animals, tongues, frozens reduced to $8.3M in 2022. Overall, total exports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 56% against the previous year. As a result, the exports attained the peak of $9.6M, and then dropped in the following year.

Export of Offal, Edible; of Bovine Animals, Tongues, Frozen in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia5.14.98.65.31.3%
Hong Kong SAR1.90.70.31.8-1.8%
ColombiaN/AN/AN/A0.60%
Israel0.30.40.50.518.6%
Others0.20.10.10.1-20.6%
Total7.56.19.68.33.4%

Top Export Markets for Offal, Edible; of Bovine Animals, Tongues, Frozen from Uruguay in 2022:

  1. Russia (1393.0 tons)
  2. Hong Kong SAR (654.0 tons)
  3. Colombia (200.8 tons)
  4. Israel (103.7 tons)

Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Uruguay

In 2022, the amount of offal, edible; of bovine animals, tongues, frozens imported into Uruguay skyrocketed to 276 tons, growing by 29% on the previous year. In general, imports, however, recorded a abrupt curtailment.

In value terms, imports of offal, edible; of bovine animals, tongues, frozens skyrocketed to $700K in 2022. Over the period under review, imports, however, saw a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 35% against the previous year.

Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil675217359409-15.4%
ParaguayN/A21722629015.6%
Others5500.3N/AN/A-99.9%
Total1,224434585700-17.0%

Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Uruguay in 2022:

  1. Brazil (158.0 tons)
  2. Paraguay (118.0 tons)

Source: IndexBox Market Intelligence Platform

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