Price for Offal, Edible; of Swine, Livers, Frozen in Australia - 2024
Contents:
- Price for Offal, Edible; of Swine, Livers, Frozen in Australia (FOB) - 2024
- Exports of Offal, Edible; of Swine, Livers, Frozen in Australia
Price for Offal, Edible; of Swine, Livers, Frozen in Australia (FOB) - 2024
In September 2023, the average export price for offal, edible; of swine, livers, frozen amounted to $526 per ton, reducing by -18% against the previous month. In general, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in February 2023 an increase of 138% m-o-m. As a result, the export price reached the peak level of $2,545 per ton. From March 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($744 per ton), while the average price for exports to the Philippines ($455 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (-5.9%), while the prices for the other major destinations experienced a decline.
Exports of Offal, Edible; of Swine, Livers, Frozen in Australia
In 2022, exports of offal, edible; of swine, livers, frozen from Australia shrank to 2.9K tons, which is down by -14.6% on 2021 figures. Overall, exports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 100%. As a result, the exports reached the peak of 3.4K tons, and then dropped in the following year.
In value terms, exports of offal, edible; of swine, livers, frozen contracted dramatically to $2.5M in 2022. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 166% against the previous year. As a result, the exports reached the peak of $3.2M, and then dropped sharply in the following year.
| Export of Offal, Edible; of Swine, Livers, Frozen in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 640 | 675 | 2,077 | 2,028 | 46.9% |
| Hong Kong SAR | 277 | 433 | 513 | 250 | -3.4% |
| Singapore | 93.6 | 29.5 | 39.0 | 139 | 14.1% |
| Vietnam | 9.0 | 52.8 | 201 | 27.1 | 44.4% |
| Others | 63.8 | 5.9 | 355 | 13.0 | -41.2% |
| Total | 1,083 | 1,197 | 3,185 | 2,458 | 31.4% |
Top Export Markets for Offal, Edible; of Swine, Livers, Frozen from Australia in 2022:
- Philippines (2367.8 tons)
- Singapore (350.7 tons)
- Hong Kong SAR (164.1 tons)
- Vietnam (54.5 tons)
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