Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Belgium - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Belgium (FOB) - 2023
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Belgium (CIF) - 2023
- Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Belgium
- Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Belgium
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Belgium (FOB) - 2023
In October 2023, the average export price for offal, edible; of bovine animals, fresh or chilleds amounted to $7,158 per ton, surging by 384% against the previous month. Over the period under review, the export price posted a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($9,038 per ton), while the average price for exports to the UK totaled $4,314 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Belgium (CIF) - 2023
The average import price for offal, edible; of bovine animals, fresh or chilleds stood at $8,103 per ton in September 2023, rising by 32% against the previous month. In general, import price indicated a noticeable increase from October 2022 to September 2023: its price increased at an average monthly rate of +4.2% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for offal, edible; of bovine animals, fresh or chilleds increased by +78.0% against May 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Ireland ($11,046 per ton), while the price for Spain ($6,903 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Belgium
Exports of offal, edible; of bovine animals, fresh or chilleds from Belgium contracted to 14K tons in 2022, reducing by -3.9% against the previous year. In general, exports continue to indicate a abrupt decline.
In value terms, exports of offal, edible; of bovine animals, fresh or chilleds rose rapidly to $22M in 2022. Overall, exports recorded a deep reduction.
| Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 8.7 | 7.1 | 8.5 | 7.9 | -3.2% |
| Netherlands | 8.7 | 6.3 | 5.6 | 6.2 | -10.7% |
| Germany | 5.6 | 1.8 | 2.7 | 3.0 | -18.8% |
| Italy | 4.3 | 1.6 | 1.8 | 1.8 | -25.2% |
| Denmark | 0.4 | 0.5 | 0.5 | 1.4 | 51.8% |
| Greece | 0.4 | 0.5 | 0.6 | 0.7 | 20.5% |
| Others | 2.2 | 1.8 | 0.9 | 1.1 | -20.6% |
| Total | 30.3 | 19.6 | 20.5 | 22.1 | -10.0% |
Top Export Markets for Offal, Edible; of Bovine Animals, Fresh or Chilled from Belgium in 2022:
- Netherlands (8.7K tons)
- Germany (2.6K tons)
- France (1.6K tons)
- Italy (0.3K tons)
- Denmark (0.2K tons)
- Greece (0.2K tons)
Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Belgium
For the third consecutive year, Belgium recorded decline in purchases abroad of offal, edible; of bovine animals, fresh or chilleds, which decreased by -35% to 526 tons in 2022. Overall, imports continue to indicate a precipitous descent. The smallest decline of -22.5% was in 2021.
In value terms, imports of offal, edible; of bovine animals, fresh or chilleds reduced slightly to $3.1M in 2022. In general, imports continue to indicate a abrupt setback.
| Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2,983 | 2,959 | 2,282 | 1,951 | -13.2% |
| Ireland | 526 | 558 | 581 | 612 | 5.2% |
| France | 168 | 225 | 342 | 420 | 35.7% |
| Italy | 35.9 | 23.5 | 7.5 | 64.7 | 21.7% |
| United Kingdom | 416 | 131 | N/A | N/A | -68.5% |
| Others | 48.3 | 40.1 | 16.7 | 34.4 | -10.7% |
| Total | 4,178 | 3,937 | 3,230 | 3,082 | -9.6% |
Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to Belgium in 2022:
- Netherlands (323.5 tons)
- France (92.3 tons)
- Ireland (75.7 tons)
- Italy (21.8 tons)
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