Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in the United Arab Emirates - 2022
Contents:
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in the United Arab Emirates (CIF) - 2022
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in the United Arab Emirates (FOB) - 2022
- Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in the United Arab Emirates
- Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in the United Arab Emirates
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for offal, edible; of bovine animals, fresh or chilleds amounted to $2,313 per ton, waning by -36.4% against the previous year. In general, the import price continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2016 when the average import price increased by 52% against the previous year. The import price peaked at $4,459 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($3,069 per ton), while the price for Brazil ($779 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+9.4%), while the prices for the other major suppliers experienced a decline.
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in the United Arab Emirates (FOB) - 2022
The average export price for offal, edible; of bovine animals, fresh or chilleds stood at $1,225 per ton in 2022, waning by -56.9% against the previous year. In general, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2013 an increase of 58%. As a result, the export price attained the peak level of $5,005 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Kuwait.
From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to -3.2% per year.
Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in the United Arab Emirates
After two years of decline, overseas purchases of offal, edible; of bovine animals, fresh or chilleds increased by 150% to 618 tons in 2022. In general, imports showed 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 skyrocketed to $1.4M in 2022. Over the period under review, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 842 | 879 | 678 | 883 | 1.6% |
| Pakistan | N/A | 118 | 0.1 | 426 | 90.0% |
| India | 6.6 | 229 | N/A | 16.4 | 35.4% |
| Brazil | N/A | N/A | N/A | 10.9 | 0% |
| Uganda | 244 | N/A | N/A | N/A | 0% |
| Others | 170 | 164 | 221 | 92.9 | -18.2% |
| Total | 1,263 | 1,390 | 899 | 1,429 | 4.2% |
Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to the United Arab Emirates in 2022:
- Pakistan (294.9 tons)
- Australia (287.7 tons)
- Brazil (14.0 tons)
- India (9.7 tons)
Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in the United Arab Emirates
In 2022, exports of offal, edible; of bovine animals, fresh or chilleds from the United Arab Emirates declined significantly to 2.4 tons, dropping by -37.6% against 2021 figures. In general, exports recorded a precipitous descent. The smallest decline of -21.2% was in 2020.
In value terms, exports of offal, edible; of bovine animals, fresh or chilleds shrank rapidly to $2.9K in 2022. Over the period under review, exports saw a precipitous contraction. The smallest decline of -37.8% was in 2021.
| Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 4.5 | N/A | N/A | 2.9 | -13.6% |
| Maldives | 0.8 | N/A | 10.9 | N/A | 269.1% |
| Oman | 27.9 | 17.6 | N/A | N/A | -36.9% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 33.5 | 17.6 | 10.9 | 2.9 | -55.8% |
Top Export Markets for Offal, Edible; of Bovine Animals, Fresh or Chilled from the United Arab Emirates in 2022:
- Kuwait (2.4 tons)
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