Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Italy - 2023
Contents:
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Italy (CIF) - 2022
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Italy (FOB) - 2023
- Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Italy
- Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Italy
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Italy (CIF) - 2022
In 2022, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $743 per ton, rising by 27% against the previous year. Overall, the import price, however, saw a mild setback. The pace of growth was the most pronounced in 2017 an increase of 33% against the previous year. Over the period under review, average import prices hit record highs at $846 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($787 per ton), while the price for Bulgaria ($373 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+13.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Italy (FOB) - 2023
The average export price for offal, edible; of swine, (other than livers), frozen stood at $1,204 per ton in November 2023, with an increase of 7.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 11% m-o-m. Over the period under review, the average export prices attained the peak figure at $1,275 per ton in July 2023; however, from August 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Equatorial Guinea ($2,368 per ton), while the average price for exports to Belgium ($644 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 Bulgaria (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Italy
Imports of offal, edible; of swine, (other than livers), frozen into Italy soared to 40K tons in 2022, surging by 30% against 2021. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of offal, edible; of swine, (other than livers), frozen skyrocketed to $30M in 2022. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Offal, Edible; of Swine, (Other than Livers), Frozen in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 4.6 | 6.5 | 5.3 | 13.3 | 42.5% |
| Poland | 4.7 | 4.3 | 5.9 | 8.0 | 19.4% |
| Hungary | 2.1 | 1.2 | 1.7 | 2.3 | 3.1% |
| Austria | 1.1 | 1.2 | 1.2 | 1.7 | 15.6% |
| Germany | 0.4 | 0.5 | 0.6 | 0.6 | 14.5% |
| Croatia | 0.1 | 0.1 | 0.5 | 0.6 | 81.7% |
| Czech Republic | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| Bulgaria | 0.1 | 0.6 | 0.4 | 0.4 | 58.7% |
| United Kingdom | 0.7 | 0.8 | 0.1 | 0.2 | -34.1% |
| Others | 1.2 | 1.3 | 1.9 | 2.3 | 24.2% |
| Total | 15.5 | 16.9 | 18.0 | 29.8 | 24.3% |
Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to Italy in 2022:
- Spain (17.1K tons)
- Poland (10.1K tons)
- Hungary (4.0K tons)
- Austria (2.4K tons)
- Bulgaria (1.1K tons)
- Germany (0.9K tons)
- Croatia (0.8K tons)
- Czech Republic (0.5K tons)
- United Kingdom (0.2K tons)
Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Italy
In 2022, shipments abroad of offal, edible; of swine, (other than livers), frozen decreased by -17% to 29K tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 5%. As a result, the exports reached the peak of 39K 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 fell rapidly to $25M in 2022. Over the period under review, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 45%. As a result, the exports reached the peak of $55M. 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 Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,429 | 2,132 | 3,102 | 3,928 | 40.1% |
| Cote d'Ivoire | 724 | 1,017 | 1,141 | 3,476 | 68.7% |
| France | 1,453 | 1,666 | 1,134 | 1,548 | 2.1% |
| Bulgaria | 1,074 | 958 | 985 | 1,488 | 11.5% |
| Angola | 51.6 | 52.5 | 126 | 1,298 | 193.0% |
| Gabon | 240 | 336 | 654 | 1,236 | 72.7% |
| Romania | 172 | 472 | 289 | 1,187 | 90.4% |
| Belgium | 610 | 1,039 | 540 | 1,130 | 22.8% |
| Albania | 511 | 658 | 1,401 | 1,063 | 27.7% |
| Congo | 99.3 | 282 | 215 | 833 | 103.2% |
| Poland | 178 | 69.1 | 259 | 809 | 65.6% |
| Czech Republic | 1,025 | 589 | 387 | 727 | -10.8% |
| Liberia | 112 | 384 | 162 | 436 | 57.3% |
| Others | 30,438 | 45,430 | 42,564 | 5,595 | -43.1% |
| Total | 38,115 | 55,084 | 52,959 | 24,754 | -13.4% |
Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from Italy in 2022:
- Cote d'Ivoire (7.3K tons)
- Spain (4.2K tons)
- France (1.9K tons)
- Angola (1.5K tons)
- Belgium (1.5K tons)
- Bulgaria (1.4K tons)
- Romania (1.1K tons)
- Congo (1.1K tons)
- Poland (1.0K tons)
- Albania (0.9K tons)
- Gabon (0.8K tons)
- Liberia (0.7K tons)
- Czech Republic (0.7K tons)
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