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

Contents:

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

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

The average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $2,440 per ton in 2022, rising by 9.8% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen increased by +47.3% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 51%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($8,039 per ton), while the average price for exports to Democratic Republic of the Congo ($318 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 Thailand (+30.2%), 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 India (CIF) - 2022

In 2022, the average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $5,452 per ton, with a decrease of -13.7% against the previous year. In general, the import price showed a mild slump. The most prominent rate of growth was recorded in 2017 an increase of 187%. The import price peaked at $8,721 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Sri Lanka ($11,732 per ton), while the price for the United States amounted to $4,980 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+6.3%).

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

In 2022, overseas shipments of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen were finally on the rise to reach 387 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a precipitous descent.

In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen surged to $945K in 2022. In general, exports, however, showed a precipitous slump.

Export of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/AN/A4590%
Vietnam1,06666.97.5238-39.3%
South Africa17.80.90.410882.4%
Egypt14.01.50.329.628.3%
CambodiaN/AN/A2.025.51175.0%
Bhutan26.22.30.422.3-5.2%
Democratic Republic of the Congo16.71.30.28.9-18.9%
Comoros1344.11.5N/A-89.4%
Liberia26.52.50.4N/A-87.7%
United Arab Emirates10312.37.8N/A-72.5%
Angola52.91.21.0N/A-86.3%
Pakistan94.910.01.9N/A-85.9%
Others31243.07.854.2-44.2%
Total1,86414631.2945-20.3%

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

  1. Hong Kong SAR (200.5 tons)
  2. Vietnam (86.0 tons)
  3. Egypt (28.0 tons)
  4. Democratic Republic of the Congo (28.0 tons)
  5. Cambodia (16.0 tons)
  6. South Africa (13.4 tons)
  7. Bhutan (10.4 tons)

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

After two years of decline, supplies from abroad of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen increased by 3.5% to 586 kg in 2022. In general, imports, however, faced a dramatic contraction.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen declined to $3.2K in 2022. Over the period under review, imports, however, showed a sharp decrease.

Import of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A2.70%
Sri Lanka16.24.13.60.5-68.6%
OthersN/AN/AN/AN/A0%
Total16.24.13.63.2-41.8%

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

  1. United States (545.0 kg)
  2. Sri Lanka (41.0 kg)

Source: IndexBox Market Intelligence Platform

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