Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Mexico - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Mexico (FOB) - 2023
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Mexico (CIF) - 2023
- Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Mexico
- Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Mexico
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Mexico (FOB) - 2023
In November 2023, the average export price for offal, edible; of bovine animals, fresh or chilleds amounted to $9,978 per ton, rising by 1.8% against the previous month. Over the period from January 2023 to November 2023, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in March 2023 an increase of 24% against the previous month. Over the period under review, the average export prices hit record highs in November 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From January 2023 to November 2023, the rate of growth in terms of prices for the United States amounted to +2.5% per month.
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Mexico (CIF) - 2023
The average import price for offal, edible; of bovine animals, fresh or chilleds stood at $16,098 per ton in August 2023, leveling off at the previous month. In general, the import price continues to indicate a tangible increase. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 27% against the previous month. Over the period under review, average import prices hit record highs in August 2023.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Canada ($18,568 per ton), while the price for the United States stood at $15,600 per ton.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Canada (+5.1%).
Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Mexico
In 2022, overseas shipments of offal, edible; of bovine animals, fresh or chilleds decreased by -48.4% to 4.7K tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 25%. As a result, the exports reached the peak of 12K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of offal, edible; of bovine animals, fresh or chilleds contracted sharply to $33M in 2022. In general, exports showed a noticeable setback. The most prominent rate of growth was recorded in 2020 when exports increased by 35% against the previous year.
| Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 36.6 | 49.5 | 56.4 | 32.6 | -3.8% |
| Others | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Total | 36.6 | 49.5 | 56.7 | 32.8 | -3.6% |
Top Export Markets for Offal, Edible; of Bovine Animals, Fresh or Chilled from Mexico in 2022:
- United States (4.7K tons)
Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Mexico
In 2022, approx. 213 tons of offal, edible; of bovine animals, fresh or chilleds were imported into Mexico; rising by 116% compared with 2021. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of offal, edible; of bovine animals, fresh or chilleds soared to $2.7M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United States | 1.4 | 2.4 | 71.4% | ||
| Canada | N/A | 0.3 | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 1.4 | 2.7 | 92.9% | ||
Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to Mexico in 2022:
- United States (192.7 tons)
- Canada (20.5 tons)
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