Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in France - 2023

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in France (CIF) - 2023
  2. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in France (FOB) - 2023
  3. Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in France
  4. Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in France

Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in France (CIF) - 2023

In October 2023, the average import price for offal, edible; of bovine animals, fresh or chilleds amounted to $7,568 per ton, picking up by 5.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in June 2023 an increase of 5.9% m-o-m. As a result, import price reached the peak level of $7,591 per ton; afterwards, it flattened through to October 2023.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +1.5% per month.

Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in France (FOB) - 2023

The average export price for offal, edible; of bovine animals, fresh or chilleds stood at $20,378 per ton in October 2023, surging by 751% against the previous month. In general, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Japan ($29,644 per ton), while the average price for exports to the UK ($14,805 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in France

Imports of offal, edible; of bovine animals, fresh or chilleds into France totaled 21K tons in 2022, flattening at the year before. In general, imports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 8.3% against the previous year.

In value terms, imports of offal, edible; of bovine animals, fresh or chilleds amounted to $137M in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 28%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands28.126.433.836.69.2%
Germany25.318.125.226.61.7%
United Kingdom16.314.118.325.315.8%
Ireland19.817.319.522.54.4%
Italy6.35.98.69.514.7%
Belgium7.76.27.27.2-2.2%
Poland2.51.72.94.117.9%
Others4.83.54.15.54.6%
Total11193.21201377.3%

Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to France in 2022:

  1. Netherlands (5.3K tons)
  2. Germany (4.0K tons)
  3. United Kingdom (3.8K tons)
  4. Ireland (3.2K tons)
  5. Italy (1.4K tons)
  6. Belgium (1.4K tons)
  7. Poland (0.7K tons)

Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in France

In 2022, after three years of growth, there was decline in shipments abroad of offal, edible; of bovine animals, fresh or chilleds, when their volume decreased by -0.9% to 11K tons. The total export volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 17%.

In value terms, exports of offal, edible; of bovine animals, fresh or chilleds amounted to $23M in 2022. The total export value increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium5.710.47.38.112.4%
Germany1.92.22.93.421.4%
Greece2.72.42.82.81.2%
Spain2.21.52.02.77.1%
Italy3.42.22.42.6-8.6%
Poland0.30.10.21.049.4%
Portugal0.70.71.00.84.6%
Cyprus0.30.30.30.30.0%
Others1.91.81.71.8-1.8%
Total19.121.520.723.57.2%

Top Export Markets for Offal, Edible; of Bovine Animals, Fresh or Chilled from France in 2022:

  1. Belgium (6.3K tons)
  2. Italy (1.3K tons)
  3. Germany (1.1K tons)
  4. Greece (1.1K tons)
  5. Poland (0.3K tons)
  6. Spain (0.3K tons)
  7. Portugal (0.2K tons)
  8. Cyprus (0.2K tons)

Source: IndexBox Market Intelligence Platform

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