Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Luxembourg - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Luxembourg (CIF) - 2023
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Luxembourg (FOB) - 2022
- Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Luxembourg
- Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Luxembourg
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Luxembourg (CIF) - 2023
In August 2023, the average import price for offal, edible; of bovine animals, fresh or chilleds amounted to $8,225 per ton, with a decrease of -3.6% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 13% against the previous month. The import price peaked at $9,062 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the highest price was recorded for prices from the Netherlands ($10,401 per ton) and Ireland ($9,762 per ton), while the price for Belgium ($7,396 per ton) and France ($9,501 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Ireland (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Luxembourg (FOB) - 2022
In 2022, the average export price for offal, edible; of bovine animals, fresh or chilleds amounted to $2,904 per ton, picking up by 18% against the previous year. Over the period under review, the export price recorded a buoyant increase. The growth pace was the most rapid in 2016 an increase of 37%. The export price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($8,863 per ton), while the average price for exports to the Netherlands ($196 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 Belgium (+22.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Luxembourg
In 2022, purchases abroad of offal, edible; of bovine animals, fresh or chilleds was finally on the rise to reach 221 tons after two years of decline. Overall, imports, however, recorded a noticeable downturn.
In value terms, imports of offal, edible; of bovine animals, fresh or chilleds soared to $1.8M in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 746 | 1,000 | 960 | 1,040 | 11.7% |
Netherlands | 128 | 162 | 181 | 254 | 25.7% |
Ireland | 110 | 65.1 | 83.9 | 218 | 25.6% |
France | 472 | 170 | 181 | 163 | -29.8% |
Germany | 30.2 | 32.8 | 11.5 | 38.8 | 8.7% |
Others | 40.9 | 24.3 | 15.9 | 130 | 47.0% |
Total | 1,527 | 1,454 | 1,434 | 1,844 | 6.5% |
Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to Luxembourg in 2022:
- Belgium (142.9 tons)
- Netherlands (25.1 tons)
- Ireland (25.0 tons)
- France (19.6 tons)
- Germany (4.4 tons)
Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Luxembourg
In 2022, exports of offal, edible; of bovine animals, fresh or chilleds from Luxembourg dropped sharply to 336 tons, waning by -51.5% on 2021. In general, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 1.6%.
In value terms, exports of offal, edible; of bovine animals, fresh or chilleds dropped markedly to $977K in 2022. Overall, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of $1.7M, and then reduced dramatically in the following year.
Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 384 | 296 | 335 | 471 | 7.0% |
Belgium | 245 | 206 | 283 | 317 | 9.0% |
Germany | 997 | 843 | 1,055 | 161 | -45.5% |
Netherlands | 20.7 | 23.8 | 29.7 | 26.4 | 8.4% |
Others | 0.2 | N/A | N/A | 0.3 | 14.5% |
Total | 1,646 | 1,370 | 1,702 | 977 | -16.0% |
Top Export Markets for Offal, Edible; of Bovine Animals, Fresh or Chilled from Luxembourg in 2022:
- Netherlands (135.1 tons)
- Germany (81.0 tons)
- Belgium (67.0 tons)
- France (53.2 tons)
Global Fresh Meat Offal Market Report 2018. This report provides an in-depth analysis of the global fresh meat offal market.
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Global Fresh Meat Offal Market Report 2018. This report provides an in-depth analysis of the global fresh meat offal market.
Global Frozen Meat Offal Market Report 2018. This report provides an in-depth analysis of the global frozen meat offal market.
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