Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in the Philippines - 2023
Contents:
- Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in the Philippines (CIF) - 2022
- Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in the Philippines
Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in the Philippines (CIF) - 2022
The average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $1,023 per ton in 2022, which is down by -41.3% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 34% against the previous year. The import price peaked at $1,742 per ton in 2021, and then dropped sharply in the following year.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +22.2% per year.
Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in the Philippines
In 2022, approx. 2.6 tons of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen were imported into the Philippines; declining by -99.4% against 2021. In general, imports continue to indicate a significant curtailment. The growth pace was the most rapid in 2021 when imports increased by 54%.
In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen contracted rapidly to $2.7K in 2022. Over the period under review, imports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 77% against the previous year.
| Import of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 93.6 | 19.1 | 20.1 | 2.7 | -69.3% |
| Spain | 16.5 | 3.5 | 3.9 | N/A | -51.4% |
| Belgium | 933 | 253 | 353 | N/A | -38.5% |
| Ireland | 3.2 | 43.4 | 120 | N/A | 512.4% |
| Germany | 101 | 20.0 | 20.5 | N/A | -54.9% |
| Netherlands | 99.8 | 25.6 | 33.8 | N/A | -41.8% |
| United Kingdom | 25.2 | 6.6 | 12.4 | N/A | -29.9% |
| France | 25.7 | 6.0 | 7.3 | N/A | -46.7% |
| United States | 83.1 | 18.1 | 20.3 | N/A | -50.6% |
| Others | 1,508 | 68.1 | 226 | N/A | -61.3% |
| Total | 2,888 | 463 | 819 | 2.7 | -90.2% |
Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to the Philippines in 2022:
- Australia (2.6 tons)
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