Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in the United Arab Emirates - 2022

Contents:

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

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

The average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $1,987 per ton in 2022, falling by -13.4% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 19%. As a result, import price reached the peak level of $2,296 per ton, and then shrank in the following year.

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 Spain ($2,536 per ton), while the price for Oman ($263 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $1,600 per ton in 2022, reducing by -26.8% against the previous year. Over the period under review, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 60%. As a result, the export price reached the peak level of $3,485 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Yemen.

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +0.9% per year.

Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in the United Arab Emirates

In 2022, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen into the United Arab Emirates rose rapidly to 2.1K tons, growing by 6.5% compared with the previous year. Over the period under review, imports, however, continue to indicate a noticeable slump.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen contracted to $4.2M in 2022. In general, imports, however, continue to indicate a noticeable downturn. The growth pace was the most rapid in 2020 with an increase of 3.3% against the previous year. As a result, imports attained the peak of $4.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia3,6503,6752,6823,124-5.1%
New Zealand22.690.475.1405161.7%
Spain21913930338620.8%
TurkeyN/A5.51.4162442.7%
Uruguay33.114.735.149.614.4%
Oman12.89.65.315.46.4%
Lebanon188214229N/A10.4%
India181199620N/A85.1%
Others40752364898.2-37.7%
Total4,7154,8704,6004,241-3.5%

Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to the United Arab Emirates in 2022:

  1. Australia (1486.2 tons)
  2. New Zealand (249.0 tons)
  3. Spain (152.3 tons)
  4. Turkey (72.5 tons)
  5. Uruguay (60.6 tons)
  6. Oman (58.6 tons)

Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in the United Arab Emirates

In 2022, overseas shipments of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen decreased by -98.6% to 3 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. As a result, the exports reached the peak of 210 tons, and then reduced dramatically in the following year.

In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen fell markedly to $4.8K in 2022. Overall, exports faced a sharp decline. The growth pace was the most rapid in 2021 with an increase of 158%. As a result, the exports reached the peak of $460K, and then reduced dramatically in the following year.

Export of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Yemen5.85.11.34.8-6.1%
Hong Kong SAR54.5110402N/A171.6%
KuwaitN/AN/A22.2N/A0%
ChinaN/A20.20.8N/A-96.0%
Oman72.133.424.1N/A-42.2%
Bahrain5.57.67.9N/A19.8%
Others1.01.61.9N/A37.8%
Total1391784604.8-67.4%

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

  1. Yemen (3.0 tons)

Source: IndexBox Market Intelligence Platform

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