Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Spain - 2023
Contents:
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Spain (FOB) - 2023
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Spain (CIF) - 2023
- Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Spain
- Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Spain
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Spain (FOB) - 2023
In November 2023, the average export price for offal, edible; of swine, (other than livers), frozen amounted to $2,042 per ton, picking up by 5.4% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 9.3% month-to-month. The export price peaked at $2,231 per ton in April 2023; however, from May 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Mexico ($3,027 per ton), while the average price for exports to Sweden ($468 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 Mexico (+6.0%), while the prices for the other major destinations experienced a decline.
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Spain (CIF) - 2023
In November 2023, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $2,955 per ton, surging by 15% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in January 2023 an increase of 30% against the previous month. The import price peaked in November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($8,340 per ton), while the price for Italy ($1,561 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Portugal (+5.6%), 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 Spain
In 2022, after three years of growth, there was decline in shipments abroad of offal, edible; of swine, (other than livers), frozen, when their volume decreased by -4.8% to 424K tons. The total export volume increased at an average annual rate of +11.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 34%.
In value terms, exports of offal, edible; of swine, (other than livers), frozen declined to $776M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year.
| Export of Offal, Edible; of Swine, (Other than Livers), Frozen in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 332 | 541 | 650 | 537 | 17.4% |
| Philippines | 23.9 | 45.1 | 96.7 | 116 | 69.3% |
| South Korea | 24.6 | 13.9 | 20.1 | 23.4 | -1.7% |
| Mexico | 1.6 | 2.2 | 12.9 | 16.1 | 115.9% |
| Sweden | 4.9 | 6.1 | 6.2 | 9.0 | 22.5% |
| France | 6.1 | 7.1 | 7.6 | 7.7 | 8.1% |
| Vietnam | 7.1 | 10.2 | 7.6 | 6.8 | -1.4% |
| Italy | 3.4 | 4.7 | 3.4 | 6.0 | 20.8% |
| Hong Kong SAR | 25.2 | 23.6 | 9.1 | 0.5 | -72.9% |
| Others | 35.7 | 34.0 | 32.4 | 53.2 | 14.2% |
| Total | 465 | 688 | 846 | 776 | 18.6% |
Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from Spain in 2022:
- China (258.0K tons)
- Philippines (65.8K tons)
- Mexico (12.3K tons)
- Sweden (11.7K tons)
- France (10.7K tons)
- South Korea (10.0K tons)
- Italy (7.4K tons)
- Vietnam (5.5K tons)
- Hong Kong SAR (0.3K tons)
Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Spain
In 2022, overseas purchases of offal, edible; of swine, (other than livers), frozen decreased by -0.9% to 8.8K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 82%. As a result, imports reached the peak of 8.9K tons, leveling off in the following year.
In value terms, imports of offal, edible; of swine, (other than livers), frozen expanded rapidly to $17M in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 118% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Offal, Edible; of Swine, (Other than Livers), Frozen in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.2 | 2.3 | 5.2 | 4.4 | 54.2% |
| Poland | 0.6 | 0.8 | 1.8 | 4.0 | 88.2% |
| Portugal | 1.0 | 1.7 | 1.7 | 1.7 | 19.3% |
| Italy | 0.5 | 0.5 | 2.2 | 1.5 | 44.2% |
| Austria | 0.4 | 0.3 | 1.2 | 1.0 | 35.7% |
| Netherlands | 1.3 | 0.2 | N/A | 0.7 | -18.6% |
| Denmark | 0.1 | 0.1 | 0.2 | 0.7 | 91.3% |
| Belgium | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Panama | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Others | 0.8 | 0.7 | 2.2 | 1.9 | 33.4% |
| Total | 6.1 | 6.7 | 14.7 | 16.6 | 39.6% |
Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to Spain in 2022:
- Portugal (2639.4 tons)
- Germany (1572.6 tons)
- Poland (1511.6 tons)
- Italy (829.0 tons)
- Denmark (612.5 tons)
- Austria (283.6 tons)
- Belgium (278.8 tons)
- Panama (176.9 tons)
- Netherlands (106.8 tons)
327
This report provides an in-depth analysis of the frozen meat offal market in Spain.
274
This report provides an in-depth analysis of the fresh meat offal market in Spain.
489
Global Frozen Meat Offal Market Report 2018. This report provides an in-depth analysis of the global frozen meat offal market.
514
Global Fresh Meat Offal Market Report 2018. This report provides an in-depth analysis of the global fresh meat offal market.
327
This report provides an in-depth analysis of the frozen meat offal market in Spain.
274
This report provides an in-depth analysis of the fresh meat offal market in Spain.
489
Global Frozen Meat Offal Market Report 2018. This report provides an in-depth analysis of the global frozen meat offal market.
514
Global Fresh Meat Offal Market Report 2018. This report provides an in-depth analysis of the global fresh meat offal market.
Nothing found. Please try again.
