Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Croatia - 2023

Contents:

1. Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Croatia (CIF) - 2022
2. Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Croatia (FOB) - 2022
3. Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Croatia
4. Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Croatia

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Croatia (CIF) - 2022

The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $1,931 per ton in 2022, rising by 11% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 24% against the previous year. Over the period under review, average import prices reached the maximum at $2,059 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($4,714 per ton), while the price for Germany ($1,489 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+67.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Croatia (FOB) - 2022

In 2022, the average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $1,527 per ton, with a decrease of -12.4% against the previous year. In general, the export price, however, enjoyed prominent growth. The growth pace was the most rapid in 2014 an increase of 37%. Over the period under review, the average export prices reached the maximum at $1,742 per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($2,074 per ton), while the average price for exports to Slovakia ($272 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 Cote d'Ivoire (+11.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Croatia

In 2022, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens into Croatia skyrocketed to 819 tons, growing by 98% on 2021 figures. 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.

In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens soared to $1.6M in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to Croatia in 2022:

1. Germany (360.0 tons)
2. Poland (152.1 tons)
3. Italy (120.0 tons)
4. Austria (61.1 tons)
5. Netherlands (57.5 tons)
6. Belgium (43.1 tons)
7. Spain (13.4 tons)

Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Croatia

In 2022, the amount of offal, edible; of bovine animals, (other than tongues and livers), frozens exported from Croatia surged to 820 tons, jumping by 53% against the year before. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.9% 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 increased by +55.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens soared to $1.3M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.1% 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 +91.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 90%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from Croatia in 2022:

1. Bosnia and Herzegovina (518.9 tons)
2. Poland (102.6 tons)
3. Cyprus (77.3 tons)
4. Cote d'Ivoire (59.9 tons)
5. Slovakia (53.7 tons)

Source: IndexBox Market Intelligence Platform