Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Indonesia - 2022

Contents:

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

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

In 2022, the average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $3,335 per ton, which is down by -9.6% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 decreased by -28.2% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 47%. Over the period under review, average import prices attained the maximum at $4,643 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Australia ($4,041 per ton), while the price for Malaysia amounted to $722 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+4.8%).

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

In 2022, the average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $65 per ton, reducing by -18.7% against the previous year. Overall, the export price faced a dramatic slump. The growth pace was the most rapid in 2015 an increase of 45% against the previous year. The export price peaked at $1,331 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,163 per ton), while the average price for exports to Singapore stood at $42 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+58.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen was finally on the rise to reach 44 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a significant curtailment.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen soared to $145K in 2022. Overall, imports, however, saw a dramatic setback.

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

1. Australia (33.4 tons)
2. Malaysia (10.1 tons)

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

For the fourth consecutive year, Indonesia recorded growth in shipments abroad of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen, which increased by 0.5% to 4.9 tons in 2022. The total export volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 9.7% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen declined significantly to $317 in 2022. Over the period under review, exports, however, saw a abrupt curtailment. The smallest decline of -18.1% was in 2020.

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

1. Singapore (4.8 tons)
2. Hong Kong SAR (0.1 tons)

Source: IndexBox Market Intelligence Platform