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

Contents:

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

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

The average export price for offal, edible; of swine, (other than livers), frozen stood at $1,293 per ton in 2022, reducing by -26.9% against the previous year. In general, the export price recorded a drastic downturn. The pace of growth was the most pronounced in 2016 an increase of 98%. Over the period under review, the average export prices hit record highs at $2,904 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bhutan ($1,894 per ton), while the average price for exports to Angola ($974 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 Malaysia (+21.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $443 per ton, growing by 3.5% against the previous year. Over the period under review, the import price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 53% against the previous year. As a result, import price reached the peak level of $920 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 Sri Lanka ($1,757 per ton), while the price for the Netherlands ($305 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, exports of offal, edible; of swine, (other than livers), frozen from India contracted slightly to 29 tons, approximately equating the year before. In general, exports recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year.

In value terms, exports of offal, edible; of swine, (other than livers), frozen contracted notably to $38K in 2022. Overall, exports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 120% against the previous year.

Export of Offal, Edible; of Swine, (Other than Livers), Frozen in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines29.75.034.829.70.0%
Angola5.10.74.43.2-14.4%
Vietnam19416.4N/AN/A-91.5%
Egypt6.7N/AN/AN/A0%
Myanmar22.7N/AN/AN/A0%
LiberiaN/A1.2N/AN/A0%
Others1.20.112.74.858.7%
Total25923.651.937.7-47.4%

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

  1. Philippines (22.7 tons)
  2. Angola (3.3 tons)

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

In 2022, supplies from abroad of offal, edible; of swine, (other than livers), frozen was finally on the rise to reach 8.7 tons after two years of decline. Over the period under review, imports, however, showed a precipitous decline.

In value terms, imports of offal, edible; of swine, (other than livers), frozen expanded markedly to $3.9K in 2022. In general, imports, however, recorded a precipitous decrease.

Import of Offal, Edible; of Swine, (Other than Livers), Frozen in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium14.63.62.71.4-54.2%
Netherlands0.60.30.60.3-20.6%
Sri Lanka2.90.20.30.1-67.5%
Others1.60.1N/A2.07.7%
Total19.64.13.63.9-41.6%

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

  1. Belgium (2.1 tons)
  2. Netherlands (1.0 tons)
  3. Sri Lanka (0.1 tons)

Source: IndexBox Market Intelligence Platform

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