Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Chile - 2024

Contents:

1. Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Chile (FOB) - 2024
2. Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Chile (CIF) - 2022
3. Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Chile
4. Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Chile

Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Chile (FOB) - 2024

The average export price for offal, edible; of swine, (other than livers), frozen stood at $1,464 per ton in January 2024, surging by 1.7% against the previous month. In general, the export price, however, saw a slight setback. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 2.2% month-to-month. As a result, the export price attained the peak level of $1,576 per ton. From December 2023 to January 2024, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In January 2024, the country with the highest price was Colombia ($1,816 per ton), while the average price for exports to Mexico ($985 per ton) was amongst the lowest.

From October 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Chile (CIF) - 2022

In 2022, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $1,179 per ton, waning by -8.3% against the previous year. Over the period under review, the import price showed a noticeable descent. The growth pace was the most rapid in 2013 an increase of 70%. As a result, import price attained the peak level of $2,760 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 the United States ($2,060 per ton), while the price for Belgium ($810 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Chile

After three years of growth, overseas shipments of offal, edible; of swine, (other than livers), frozen decreased by -0.4% to 53K tons in 2022. The total export volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 12%. As a result, the exports attained the peak of 54K tons, leveling off in the following year.

In value terms, exports of offal, edible; of swine, (other than livers), frozen declined to $89M in 2022. The total export value increased at an average annual rate of +10.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 40% against the previous year.

Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from Chile in 2022:

1. China (38.2K tons)
2. Mexico (5.7K tons)
3. Brazil (2.9K tons)
4. Ecuador (2.8K tons)
5. Colombia (1.7K tons)

Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Chile

For the fourth consecutive year, Chile recorded growth in supplies from abroad of offal, edible; of swine, (other than livers), frozen, which increased by 9% to 2.2K tons in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 120%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of offal, edible; of swine, (other than livers), frozen shrank slightly to $2.6M in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 118%. As a result, imports reached the peak of $2.6M, leveling off in the following year.

Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to Chile in 2022:

1. Germany (547.0 tons)
2. Brazil (478.2 tons)
3. Poland (293.7 tons)
4. Canada (196.2 tons)
5. Hungary (170.1 tons)
6. Spain (145.3 tons)
7. Belgium (120.6 tons)
8. Denmark (98.3 tons)
9. United States (83.1 tons)

Source: IndexBox Market Intelligence Platform