Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Denmark - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Denmark (FOB) - 2023
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Denmark (CIF) - 2023
- Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Denmark
- Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Denmark
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Denmark (FOB) - 2023
The average export price for offal, edible; of bovine animals, fresh or chilleds stood at $902 per ton in October 2023, waning by -19.3% against the previous month. Over the period under review, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in June 2023 an increase of 60% m-o-m. The export price peaked at $1,864 per ton in November 2022; however, from December 2022 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was France ($6,169 per ton), while the average price for exports to Germany ($623 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Denmark (CIF) - 2023
The average import price for offal, edible; of bovine animals, fresh or chilleds stood at $1,898 per ton in September 2023, declining by -40.1% against the previous month. Over the period under review, the import price recorded a abrupt descent. The pace of growth appeared the most rapid in April 2023 an increase of 51% against the previous month. Over the period under review, average import prices attained the peak figure at $7,903 per ton in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the Netherlands ($5,416 per ton), while the price for Sweden ($457 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+0.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Denmark
In 2022, the amount of offal, edible; of bovine animals, fresh or chilleds exported from Denmark skyrocketed to 4.3K tons, increasing by 22% compared with 2021. In general, total exports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +4.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -21.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 44% against the previous year. As a result, the exports reached the peak of 5.5K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of offal, edible; of bovine animals, fresh or chilleds soared to $6.8M in 2022. The total export value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,751 | 2,447 | 2,396 | 3,221 | 22.5% |
| France | 970 | 710 | 659 | 987 | 0.6% |
| Ireland | N/A | N/A | 342 | 971 | 183.9% |
| Greece | 398 | 373 | 535 | 698 | 20.6% |
| Spain | 1,213 | 937 | 854 | 396 | -31.1% |
| Poland | 0.9 | 0.1 | 108 | 220 | 525.3% |
| Others | 871 | 598 | 352 | 270 | -32.3% |
| Total | 5,205 | 5,066 | 5,245 | 6,763 | 9.1% |
Top Export Markets for Offal, Edible; of Bovine Animals, Fresh or Chilled from Denmark in 2022:
- Germany (3631.2 tons)
- Greece (256.0 tons)
- France (150.9 tons)
- Ireland (86.1 tons)
- Poland (82.8 tons)
- Spain (47.2 tons)
Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Denmark
Imports of offal, edible; of bovine animals, fresh or chilleds into Denmark dropped markedly to 76 tons in 2022, shrinking by -36.8% on 2021. Overall, imports saw a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 19%.
In value terms, imports of offal, edible; of bovine animals, fresh or chilleds dropped to $338K in 2022. Over the period under review, imports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 18%.
| Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 85.7 | 164 | 136 | 201 | 32.9% |
| Netherlands | 447 | 38.3 | 40.2 | 94.4 | -40.4% |
| Ireland | N/A | N/A | N/A | 23.1 | 0% |
| Spain | 136 | 38.6 | N/A | 12.0 | -55.5% |
| Sweden | N/A | 88.2 | 189 | N/A | 114.3% |
| United Kingdom | N/A | N/A | 25.0 | N/A | 0% |
| Others | 7.2 | 5.3 | 4.3 | 7.1 | -0.5% |
| Total | 675 | 334 | 394 | 338 | -20.6% |
Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to Denmark in 2022:
- Germany (44.2 tons)
- Netherlands (23.7 tons)
- Spain (4.0 tons)
- Ireland (3.0 tons)
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