Price for Offal, Edible; of Swine, Livers, Frozen in Indonesia - 2022
Contents:
- Price for Offal, Edible; of Swine, Livers, Frozen in Indonesia (CIF) - 2022
- Imports of Offal, Edible; of Swine, Livers, Frozen in Indonesia
Price for Offal, Edible; of Swine, Livers, Frozen in Indonesia (CIF) - 2022
In 2022, the average import price for offal, edible; of swine, livers, frozen amounted to $1,982 per ton, increasing by 4.5% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for offal, edible; of swine, livers, frozen increased by +69.7% against 2012 indices. The pace of growth appeared the most rapid in 2021 an increase of 10%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,125 per ton), while the price for Brazil ($211 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+51.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Offal, Edible; of Swine, Livers, Frozen in Indonesia
For the fourth year in a row, Indonesia recorded growth in overseas purchases of offal, edible; of swine, livers, frozen, which increased by 18% to 46 tons in 2022. The total import volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of offal, edible; of swine, livers, frozen skyrocketed to $90K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Offal, Edible; of Swine, Livers, Frozen in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | N/A | 28.2 | 89.5 | 217.4% |
Brazil | N/A | N/A | 0.2 | 0.7 | 250.0% |
Singapore | 59.3 | 65.9 | N/A | 0.1 | -88.1% |
Australia | N/A | N/A | 44.8 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 59.3 | 65.9 | 73.2 | 90.3 | 15.0% |
Top Suppliers of Offal, Edible; of Swine, Livers, Frozen to Indonesia in 2022:
- Netherlands (42.1 tons)
- Brazil (3.3 tons)
- Singapore (0.1 tons)
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This report provides an in-depth analysis of the frozen meat offal market in Indonesia.
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