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

Contents:

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

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

In November 2023, the average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $6,316 per ton, rising by 4.7% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in July 2023 when the average import price increased by 46% month-to-month. As a result, import price attained the peak level of $6,800 per ton. From August 2023 to November 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($14,809 per ton), while the price for Brazil ($1,896 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Iceland (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $3,607 per ton in 2022, falling by -47.4% against the previous year. Over the period under review, the export price, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 58%. The export price peaked at $6,855 per ton in 2021, and then reduced notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($8,337 per ton), while the average price for exports to Cambodia stood at $3,457 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+21.8%).

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

In 2022, supplies from abroad of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen was finally on the rise to reach 488 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a pronounced setback.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen surged to $2.6M in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Australia (203.9 tons)
2. New Zealand (55.5 tons)
3. Argentina (50.2 tons)
4. Uruguay (31.7 tons)
5. China (26.5 tons)
6. France (25.1 tons)
7. Iceland (21.0 tons)
8. Poland (15.8 tons)
9. Mexico (15.8 tons)
10. United Kingdom (1.2 tons)

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

In 2022, shipments abroad of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen increased by 1,403% to 5.6 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a sharp contraction.

In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen skyrocketed to $20K in 2022. Overall, exports, however, showed a dramatic downturn.

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

1. Cambodia (5.4 tons)
2. Myanmar (0.2 tons)

Source: IndexBox Market Intelligence Platform