Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in China - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in China (CIF) - 2022
- Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in China
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in China (CIF) - 2022
In 2022, the average import price for offal, edible; of bovine animals, fresh or chilleds amounted to $18,861 per ton, with an increase of 48% against the previous year. Over the period under review, the import price enjoyed significant growth. 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 2022, amid the top importers, the country with the highest price was Australia ($86,429 per ton), while the price for Panama ($15,431 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+68.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in China
In 2022, after two years of growth, there was significant decline in purchases abroad of offal, edible; of bovine animals, fresh or chilleds, when their volume decreased by -27.4% to 1.3 tons. In general, imports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 206% against the previous year. As a result, imports attained the peak of 1.8 tons, and then contracted significantly in the following year.
In value terms, imports of offal, edible; of bovine animals, fresh or chilleds stood at $25K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 214% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Panama | 2.4 | 18.6 | 17.4 | 169.3% | |
| Australia | 3.7 | 0.2 | 1.8 | -30.3% | |
| Netherlands | N/A | N/A | 1.3 | 0% | |
| United Kingdom | 0.4 | N/A | 0.9 | 50.0% | |
| Others | 0.8 | 4.2 | 3.2 | 100.0% | |
| Total | 7.3 | 22.9 | 24.7 | 83.9% | |
Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to China in 2022:
- Panama (1130.0 kg)
- Netherlands (56.0 kg)
- United Kingdom (25.0 kg)
- Australia (21.0 kg)
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