Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Belgium - 2023

Contents:

1. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Belgium (FOB) - 2023
2. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Belgium (CIF) - 2022
3. Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Belgium
4. Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Belgium

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Belgium (FOB) - 2023

The average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $1,980 per ton in November 2023, falling by -13.7% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 125% m-o-m. The export price peaked at $3,412 per ton in December 2022; however, from January 2023 to November 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was France ($3,810 per ton), while the average price for exports to Cote d'Ivoire ($840 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Belgium (CIF) - 2022

The average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $2,855 per ton in 2022, growing by 30% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen increased by +44.9% against 2020 indices. The growth pace was the most rapid in 2016 when the average import price increased by 43% against the previous year. The import price peaked at $3,027 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 New Zealand ($5,729 per ton), while the price for Germany ($696 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+56.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Belgium

In 2022, overseas shipments of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen increased by 78% to 646 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a abrupt setback.

In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen surged to $1.3M in 2022. Overall, exports, however, faced a sharp contraction.

Top Export Markets for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen from Belgium in 2022:

1. Bulgaria (161.3 tons)
2. Netherlands (133.8 tons)
3. Germany (85.1 tons)
4. Ghana (80.6 tons)
5. United Arab Emirates (55.4 tons)
6. France (50.7 tons)
7. Cote d'Ivoire (38.4 tons)

Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Belgium

Imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen into Belgium soared to 209 tons in 2022, rising by 94% on 2021. In general, imports, however, showed a deep slump.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen surged to $597K in 2022. Overall, imports, however, continue to indicate a noticeable slump.

Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to Belgium in 2022:

1. New Zealand (39.8 tons)
2. Netherlands (39.0 tons)
3. Ireland (34.2 tons)
4. Austria (28.1 tons)
5. France (21.8 tons)
6. Portugal (16.7 tons)
7. Germany (12.5 tons)
8. Greece (10.5 tons)
9. Bulgaria (0.3 tons)

Source: IndexBox Market Intelligence Platform