Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Latvia - 2023

Contents:

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

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

The average export price for offal, edible; of swine, (other than livers), frozen stood at $547 per ton in 2022, declining by -24.7% against the previous year. Overall, the export price, however, showed perceptible growth. The pace of growth appeared the most rapid in 2017 an increase of 103% against the previous year. As a result, the export price attained the peak level of $1,498 per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($1,153 per ton), while the average price for exports to Poland ($408 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 Italy (+13.4%), 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 Latvia (CIF) - 2022

The average import price for offal, edible; of swine, (other than livers), frozen stood at $1,081 per ton in 2022, waning by -4% against the previous year. In general, the import price saw a pronounced setback. The most prominent rate of growth was recorded in 2020 an increase of 25%. The import price peaked at $1,624 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 Lithuania ($1,499 per ton), while the price for France ($642 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (-0.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, shipments abroad of offal, edible; of swine, (other than livers), frozen was finally on the rise to reach 1.7K tons after two years of decline. In general, exports saw a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of offal, edible; of swine, (other than livers), frozen soared to $933K in 2022. Overall, exports, however, showed a abrupt slump.

Export of Offal, Edible; of Swine, (Other than Livers), Frozen in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland96.771.085.153576.9%
Lithuania78463565.5139-43.8%
Estonia314189228129-25.7%
ItalyN/A9.071.251.8139.9%
NetherlandsN/A38.229.627.0-15.9%
Others53.922.023.151.4-1.6%
Total1,248964502933-9.2%

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

  1. Poland (1312.5 tons)
  2. Lithuania (152.5 tons)
  3. Estonia (111.7 tons)
  4. Italy (86.3 tons)
  5. Netherlands (24.8 tons)

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

For the third year in a row, Latvia recorded decline in purchases abroad of offal, edible; of swine, (other than livers), frozen, which decreased by -36.6% to 582 tons in 2022. Overall, imports showed a dramatic setback. The smallest decline of -3.2% was in 2021.

In value terms, imports of offal, edible; of swine, (other than livers), frozen declined significantly to $629K in 2022. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 3.8% against the previous year. As a result, imports reached the peak of $1M, and then reduced remarkably in the following year.

Import of Offal, Edible; of Swine, (Other than Livers), Frozen in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia436388374234-18.7%
Lithuania293236334155-19.1%
United Kingdom6.2N/A59.443.391.1%
Poland15998.270.741.7-36.0%
Germany30.530.961.132.01.6%
BelgiumN/AN/AN/A25.60%
DenmarkN/A28.51.723.9-8.4%
ItalyN/AN/A56.719.0-66.5%
Netherlands1.449.628.216.4127.1%
FranceN/A29.523.816.3-25.7%
Sweden8.515.910.413.015.2%
Czech Republic60.589.813.18.5-48.0%
Portugal18.97.5N/AN/A-60.3%
Others4.022.1N/A0.2-63.2%
Total1,0189951,033629-14.8%

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

  1. Estonia (221.6 tons)
  2. Lithuania (103.3 tons)
  3. Poland (49.4 tons)
  4. United Kingdom (41.6 tons)
  5. Germany (32.4 tons)
  6. Belgium (25.4 tons)
  7. France (25.3 tons)
  8. Italy (21.0 tons)
  9. Denmark (20.9 tons)
  10. Netherlands (16.1 tons)
  11. Sweden (15.0 tons)
  12. Czech Republic (9.8 tons)

Source: IndexBox Market Intelligence Platform

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