Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in New Zealand - 2024
Contents:
- Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in New Zealand (FOB) - 2024
- Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in New Zealand (CIF) - 2022
- Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in New Zealand
- Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in New Zealand
Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in New Zealand (FOB) - 2024
The average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $2,547 per ton in January 2024, declining by -14.6% against the previous month. Overall, the export price showed a slight curtailment. The most prominent rate of growth was recorded in June 2023 an increase of 17% month-to-month. As a result, the export price reached the peak level of $3,360 per ton. From July 2023 to January 2024, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($3,084 per ton), while the average price for exports to South Africa ($1,000 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in New Zealand (CIF) - 2022
In 2022, the average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $1,736 per ton, waning by -34.7% against the previous year. Over the period under review, the import price saw a noticeable contraction. The growth pace was the most rapid in 2020 an increase of 196%. As a result, import price reached the peak level of $5,358 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -2.0% per year.
Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in New Zealand
In 2022, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen from New Zealand fell to 16K tons, reducing by -14% on the previous year's figure. Overall, exports continue to indicate a deep downturn. The smallest decline of -5.1% was in 2020.
In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen declined to $48M in 2022. Over the period under review, exports recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 0.6% against the previous year. As a result, the exports attained the peak of $53M, and then declined in the following year.
| Export of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 14.9 | 14.6 | 17.3 | 19.4 | 9.2% |
| China | 18.8 | 19.7 | 17.5 | 10.0 | -19.0% |
| United States | 5.8 | 5.2 | 6.0 | 6.1 | 1.7% |
| Saudi Arabia | 5.0 | 6.2 | 5.0 | 5.6 | 3.8% |
| Canada | 0.1 | 0.1 | 0.7 | 0.3 | 44.2% |
| Others | 8.6 | 7.2 | 6.8 | 6.3 | -9.9% |
| Total | 53.2 | 53.0 | 53.3 | 47.7 | -3.6% |
Top Export Markets for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen from New Zealand in 2022:
- United Kingdom (5.5K tons)
- United States (2.9K tons)
- Saudi Arabia (2.6K tons)
- China (1.9K tons)
- Canada (0.3K tons)
Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in New Zealand
Imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen into New Zealand skyrocketed to 57 tons in 2022, increasing by 7,343% against 2021. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen soared to $98K in 2022. In general, imports showed significant growth.
| Import of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 44.6 | 30.3 | 2.0 | 98.5 | 30.2% |
| Others | N/A | 179 | N/A | N/A | 0% |
| Total | 44.6 | 209 | 2.0 | 98.5 | 30.2% |
Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to New Zealand in 2022:
- Australia (56.7 tons)
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