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

Contents:

1. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Slovakia (FOB) - 2022
2. Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Slovakia

Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Slovakia (FOB) - 2022

In 2022, the average export price for offal, edible; of bovine animals, fresh or chilleds amounted to $708 per ton, almost unchanged from the previous year. Overall, the export price showed a deep downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 63%. The export price peaked at $2,508 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($3,667 per ton), while the average price for exports to the Czech Republic ($579 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 Austria (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 29 tons of offal, edible; of bovine animals, fresh or chilleds were exported from Slovakia; picking up by 6% compared with the previous year's figure. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 82%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of offal, edible; of bovine animals, fresh or chilleds expanded rapidly to $20K in 2022. Over the period under review, exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 198% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

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

1. Czech Republic (21.5 tons)
2. Hungary (4.3 tons)
3. Poland (2.8 tons)

Source: IndexBox Market Intelligence Platform