Price for Offal, Edible; of Swine, Fresh or Chilled in Australia - 2023
Contents:
- Price for Offal, Edible; of Swine, Fresh or Chilled in Australia (FOB) - 2022
- Exports of Offal, Edible; of Swine, Fresh or Chilled in Australia
Price for Offal, Edible; of Swine, Fresh or Chilled in Australia (FOB) - 2022
In 2022, the average export price for offal, edible; of swine, fresh or chilled amounted to $4,023 per ton, dropping by -4.6% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 38%. As a result, the export price reached the peak level of $4,341 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($9,090 per ton), while the average price for exports to Cambodia ($1,166 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Offal, Edible; of Swine, Fresh or Chilled in Australia
In 2022, overseas shipments of offal, edible; of swine, fresh or chilled decreased by -62.2% to 316 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 93% against the previous year. As a result, the exports reached the peak of 938 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of offal, edible; of swine, fresh or chilled dropped significantly to $1.3M in 2022. In general, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 166%. As a result, the exports reached the peak of $4.1M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Offal, Edible; of Swine, Fresh or Chilled in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1,002 | 3,362 | 2,808 | 947 | -1.9% |
| Hong Kong SAR | 101 | 227 | 181 | 166 | 18.0% |
| Cambodia | N/A | N/A | 14.8 | 45.9 | 210.1% |
| China | 199 | 257 | 290 | N/A | 20.7% |
| Vietnam | 12.5 | 12.3 | 10.5 | N/A | -8.3% |
| Indonesia | 50.1 | 46.1 | 37.0 | N/A | -14.1% |
| Philippines | 70.4 | 73.2 | 60.6 | N/A | -7.2% |
| Others | 93.7 | 92.5 | 122 | 111 | 5.8% |
| Total | 1,528 | 4,071 | 3,522 | 1,270 | -6.0% |
Top Export Markets for Offal, Edible; of Swine, Fresh or Chilled from Australia in 2022:
- Singapore (256.0 tons)
- Cambodia (39.3 tons)
- Hong Kong SAR (18.3 tons)
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