Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Hungary - 2023
Contents:
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Hungary (FOB) - 2023
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Hungary (CIF) - 2023
- Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Hungary
- Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Hungary
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Hungary (FOB) - 2023
The average export price for offal, edible; of swine, (other than livers), frozen stood at $1,041 per ton in November 2023, remaining constant against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 23% m-o-m. The export price peaked at $1,282 per ton in July 2023; however, from August 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Slovakia ($3,657 per ton), while the average price for exports to Italy ($448 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Hungary (CIF) - 2023
The average import price for offal, edible; of swine, (other than livers), frozen stood at $1,887 per ton in October 2023, falling by -2% against the previous month. Overall, import price indicated moderate growth from October 2022 to October 2023: its price increased at an average monthly rate of +2.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for offal, edible; of swine, (other than livers), frozen decreased by -17.9% against June 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 26% m-o-m. The import price peaked at $2,300 per ton in June 2023; however, from July 2023 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($3,426 per ton), while the price for Romania ($467 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+25.9%), 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 Hungary
In 2022, overseas shipments of offal, edible; of swine, (other than livers), frozen decreased by -15.8% to 18K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 27%. As a result, the exports attained the peak of 21K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of offal, edible; of swine, (other than livers), frozen contracted notably to $14M in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 45% against the previous year. As a result, the exports reached the peak of $20M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Offal, Edible; of Swine, (Other than Livers), Frozen in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 2,321 | 3,496 | 2,971 | 3,419 | 13.8% |
| Italy | 1,032 | 1,459 | 2,296 | 1,845 | 21.4% |
| Slovakia | 801 | 575 | 740 | 981 | 7.0% |
| Bulgaria | 1,301 | 1,525 | 1,210 | 792 | -15.2% |
| Netherlands | 273 | 472 | 871 | 719 | 38.1% |
| Albania | 827 | 803 | 766 | 571 | -11.6% |
| Cote d'Ivoire | 269 | 130 | 386 | 561 | 27.8% |
| Angola | N/A | N/A | N/A | 515 | 0% |
| Poland | 913 | 2,639 | 717 | 451 | -20.9% |
| Vietnam | N/A | 11.3 | 1,307 | 399 | 494.2% |
| Congo | N/A | N/A | 223 | 387 | 73.5% |
| Denmark | 261 | 902 | 888 | 372 | 12.5% |
| Democratic Republic of the Congo | 5.8 | 164 | 219 | 178 | 213.1% |
| Others | 5,659 | 7,695 | 5,170 | 2,408 | -24.8% |
| Total | 13,661 | 19,871 | 17,766 | 13,600 | -0.1% |
Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from Hungary in 2022:
- Italy (5.1K tons)
- Romania (2.8K tons)
- Cote d'Ivoire (1.5K tons)
- Angola (1.0K tons)
- Netherlands (0.7K tons)
- Poland (0.7K tons)
- Slovakia (0.7K tons)
- Denmark (0.6K tons)
- Albania (0.6K tons)
- Vietnam (0.6K tons)
- Bulgaria (0.5K tons)
- Congo (0.4K tons)
- Democratic Republic of the Congo (0.4K tons)
Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Hungary
After three years of growth, supplies from abroad of offal, edible; of swine, (other than livers), frozen decreased by -14% to 5.9K tons in 2022. Over the period under review, imports recorded a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 5.8%. As a result, imports reached the peak of 6.9K tons, and then dropped in the following year.
In value terms, imports of offal, edible; of swine, (other than livers), frozen expanded remarkably to $7.2M in 2022. In general, imports continue to indicate a noticeable slump.
| Import of Offal, Edible; of Swine, (Other than Livers), Frozen in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3,321 | 2,347 | 2,785 | 2,669 | -7.0% |
| Spain | 813 | 1,563 | 264 | 747 | -2.8% |
| Slovakia | 73.2 | 287 | 563 | 684 | 110.6% |
| Poland | 357 | 669 | 722 | 615 | 19.9% |
| France | 1,086 | 1,495 | 559 | 562 | -19.7% |
| Netherlands | 117 | 411 | 124 | 555 | 68.0% |
| Austria | 436 | 651 | 319 | 383 | -4.2% |
| Romania | 82.7 | 112 | 182 | 229 | 40.4% |
| Denmark | 1,042 | 447 | 155 | 212 | -41.2% |
| Others | 978 | 902 | 693 | 539 | -18.0% |
| Total | 8,306 | 8,886 | 6,366 | 7,194 | -4.7% |
Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to Hungary in 2022:
- Germany (1998.1 tons)
- Poland (688.0 tons)
- Slovakia (573.0 tons)
- Romania (563.4 tons)
- Spain (490.9 tons)
- France (357.6 tons)
- Netherlands (292.8 tons)
- Austria (274.0 tons)
- Denmark (132.7 tons)
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