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

Contents:

1. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Slovenia (FOB) - 2023
2. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Slovenia (CIF) - 2022
3. Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Slovenia
4. Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Slovenia

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

In October 2023, the average export price for offal, edible; of bovine animals, fresh or chilleds amounted to $2,222 per ton, with an increase of 13% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average export price increased by 143% month-to-month. As a result, the export price reached the peak level of $5,275 per ton. From March 2023 to October 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was North Macedonia ($2,400 per ton), while the average price for exports to Montenegro ($1,335 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 Bosnia and Herzegovina (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for offal, edible; of bovine animals, fresh or chilleds amounted to $668 per ton, reducing by -78.2% against the previous year. In general, the import price continues to indicate a deep downturn. The growth pace was the most rapid in 2016 an increase of 37%. Over the period under review, average import prices hit record highs at $3,289 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($6,155 per ton), while the price for Belgium ($176 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (-1.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 503 tons of offal, edible; of bovine animals, fresh or chilleds were exported from Slovenia; surging by 14% against the previous year. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 51%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of offal, edible; of bovine animals, fresh or chilleds skyrocketed to $1.2M in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 85%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

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

1. Bosnia and Herzegovina (270.7 tons)
2. North Macedonia (102.7 tons)
3. Italy (44.9 tons)
4. Croatia (27.4 tons)
5. Montenegro (24.8 tons)
6. Philippines (24.0 tons)
7. Austria (8.2 tons)

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

For the fourth year in a row, Slovenia recorded growth in purchases abroad of offal, edible; of bovine animals, fresh or chilleds, which increased by 375% to 916 tons in 2022. Overall, imports posted significant growth. 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 expanded modestly to $612K in 2022. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 53% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

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

1. Romania (602.8 tons)
2. Belgium (106.8 tons)
3. Italy (58.1 tons)
4. Denmark (57.1 tons)
5. Netherlands (48.8 tons)
6. Hungary (25.9 tons)
7. Austria (11.7 tons)

Source: IndexBox Market Intelligence Platform