Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in the UK - 2023
Contents:
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in the UK (CIF) - 2022
- Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in the UK (FOB) - 2022
- Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in the UK
- Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in the UK
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in the UK (CIF) - 2022
The average import price for edible products of animal origin; not elsewhere specified or includeds stood at $8,449 per ton in 2022, shrinking by -39.6% against the previous year. Overall, the import price, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2018 an increase of 147% against the previous year. Over the period under review, average import prices attained the peak figure at $13,984 per ton in 2021, and then shrank significantly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($10,141 per ton), while the price for Ireland ($1,309 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the prices for the other major suppliers experienced a decline.
Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in the UK (FOB) - 2022
In 2022, the average export price for edible products of animal origin; not elsewhere specified or includeds amounted to $7,423 per ton, surging by 2.1% against the previous year. Overall, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2013 an increase of 142% against the previous year. The export price peaked at $17,413 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($9,117 per ton), while the average price for exports to Falkland Islands (Malvinas) ($5,449 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 Gibraltar (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in the UK
For the third year in a row, the UK recorded decline in purchases abroad of edible products of animal origin; not elsewhere specified or includeds, which decreased by -30.6% to 164 tons in 2022. Over the period under review, imports continue to indicate a sharp reduction.
In value terms, imports of edible products of animal origin; not elsewhere specified or includeds declined sharply to $1.4M in 2022. Overall, imports saw a dramatic descent. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year.
| Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | N/A | N/A | N/A | 454 | 0% |
| Hungary | N/A | N/A | N/A | 434 | 0% |
| Italy | 10.1 | 6.2 | 25.0 | 200 | 170.5% |
| China | 320 | 338 | 622 | 99.5 | -32.3% |
| New Zealand | 437 | 439 | 99.4 | 75.7 | -44.3% |
| Bulgaria | N/A | N/A | N/A | 28.1 | 0% |
| Ireland | 94.8 | 208 | 90.8 | 16.2 | -44.5% |
| Netherlands | 10,319 | 1,197 | 2,284 | 3.1 | -93.3% |
| Greece | 101 | N/A | N/A | N/A | 0% |
| Others | 290 | 394 | 190 | 77.3 | -35.6% |
| Total | 11,571 | 2,583 | 3,311 | 1,389 | -50.7% |
Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to the UK in 2022:
- Finland (61.2 tons)
- Hungary (59.1 tons)
- Italy (19.7 tons)
- Ireland (12.4 tons)
- Bulgaria (3.7 tons)
- New Zealand (2.4 tons)
- China (1.6 tons)
- Netherlands (0.1 tons)
Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in the UK
In 2022, approx. 37 tons of edible products of animal origin; not elsewhere specified or includeds were exported from the UK; which is down by -70.4% compared with 2021. In general, exports continue to indicate a dramatic decline. The smallest decline of -52.2% was in 2020.
In value terms, exports of edible products of animal origin; not elsewhere specified or includeds dropped dramatically to $278K in 2022. Over the period under review, exports showed a precipitous slump. The smallest decline of -25.9% was in 2020.
| Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 265 | 180 | 170 | 131 | -20.9% |
| Hong Kong SAR | 1.5 | 64.7 | 3.6 | 46.3 | 213.7% |
| Qatar | 21.2 | 12.9 | 78.1 | 19.7 | -2.4% |
| France | 29.8 | 7.9 | N/A | 13.9 | -22.4% |
| Kuwait | N/A | 102 | 90.9 | 11.0 | -67.2% |
| Falkland Islands (Malvinas) | 3.7 | 1.5 | N/A | 5.5 | 14.1% |
| Slovenia | 2.8 | 5.0 | N/A | 5.1 | 22.1% |
| Gibraltar | 2,801 | 2,850 | 166 | N/A | -75.7% |
| Germany | 629 | 12.0 | 7.2 | N/A | -89.3% |
| Denmark | 579 | 9.0 | 10.1 | N/A | -86.8% |
| Others | 163 | 85.3 | 394 | 45.4 | -34.7% |
| Total | 4,497 | 3,331 | 919 | 278 | -60.5% |
Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from the UK in 2022:
- Ireland (22.6 tons)
- Hong Kong SAR (5.1 tons)
- Qatar (2.7 tons)
- France (2.0 tons)
- Kuwait (1.6 tons)
- Falkland Islands (Malvinas) (1.0 tons)
- Slovenia (0.7 tons)
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