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

Contents:

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

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

In November 2023, the average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $1,945 per ton, approximately equating the previous month. In general, the export price, however, showed a perceptible decrease. The pace of growth was the most pronounced in April 2023 an increase of 28% m-o-m. The export price peaked at $2,828 per ton in December 2022; however, from January 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Italy ($6,011 per ton), while the average price for exports to Cote d'Ivoire ($928 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 Italy (+7.2%), 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 Ireland (CIF) - 2022

In 2022, the average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $4,193 per ton, dropping by -62.5% against the previous year. Overall, the import price, however, recorded strong growth. The growth pace was the most rapid in 2021 when the average import price increased by 180% against the previous year. As a result, import price attained the peak level of $11,176 per ton, and then dropped significantly in the following year.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +9.5% per year.

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

Exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen from Ireland rose significantly to 5K tons in 2022, increasing by 10% against the previous year's figure. Over the period under review, exports, however, recorded a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of 29%.

In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen skyrocketed to $11M in 2022. In general, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 65%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

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

1. United Kingdom (1835.4 tons)
2. France (670.5 tons)
3. Cote d'Ivoire (486.8 tons)
4. Germany (354.3 tons)
5. Canada (310.1 tons)
6. Philippines (307.3 tons)
7. Ghana (252.9 tons)
8. South Africa (204.9 tons)
9. Netherlands (169.2 tons)
10. Poland (66.1 tons)

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

In 2022, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen into Ireland contracted rapidly to 26 tons, with a decrease of -80.9% against the previous year. In general, imports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 64%. As a result, imports attained the peak of 134 tons, and then declined dramatically in the following year.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen reduced dramatically to $107K in 2022. Over the period under review, imports saw a sharp setback. The pace of growth appeared the most rapid in 2021 when imports increased by 358% against the previous year. As a result, imports reached the peak of $1.5M, and then contracted remarkably in the following year.

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

1. United Kingdom (25.6 tons)

Source: IndexBox Market Intelligence Platform