Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Ethiopia - 2022
Contents:
- Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Ethiopia (FOB) - 2022
- Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Ethiopia
Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Ethiopia (FOB) - 2022
The average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $1,191 per ton in 2022, waning by -29.9% against the previous year. Overall, the export price saw a pronounced curtailment. The pace of growth was the most pronounced in 2015 an increase of 29% against the previous year. As a result, the export price attained the peak level of $3,224 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($2,960 per ton), while the average price for exports to Qatar ($697 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 Turkey (+13.5%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Ethiopia
Exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen from Ethiopia skyrocketed to 497 tons in 2022, increasing by 57% against the year before. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen expanded rapidly to $592K in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.8% 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 +51.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 19% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 0.7 | 1.6 | 166 | 177 | 532.4% |
| Vietnam | 80.7 | 58.8 | 11.1 | 140 | 20.2% |
| Qatar | 0.2 | 0.4 | 0.8 | 106 | 709.3% |
| China | N/A | N/A | 24.2 | 89.0 | 267.8% |
| Kenya | N/A | N/A | N/A | 43.4 | 0% |
| Oman | 22.3 | 24.9 | 17.7 | 35.1 | 16.3% |
| Egypt | 15.2 | 21.4 | 19.1 | 1.0 | -59.6% |
| Saudi Arabia | 101 | 120 | 90.5 | N/A | -5.3% |
| Turkey | 170 | 235 | 208 | N/A | 10.6% |
| Others | 1.4 | 2.0 | 0.8 | 1.0 | -10.6% |
| Total | 391 | 465 | 538 | 592 | 14.8% |
Top Export Markets for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen from Ethiopia in 2022:
- Hong Kong SAR (168.0 tons)
- Qatar (152.4 tons)
- China (84.0 tons)
- Vietnam (47.3 tons)
- Oman (24.5 tons)
- Kenya (20.0 tons)
- Egypt (1.0 tons)
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