Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Australia - 2024
Contents:
- Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Australia (FOB) - 2024
- Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Australia
Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Australia (FOB) - 2024
In January 2024, the average export price for offal, edible; of bovine animals, livers, frozens amounted to $1,252 per ton, remaining stable against the previous month. In general, the export price, however, saw a mild contraction. The most prominent rate of growth was recorded in April 2023 an increase of 14% month-to-month. As a result, the export price attained the peak level of $1,706 per ton. From May 2023 to January 2024, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($1,507 per ton), while the average price for exports to Tunisia ($912 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Australia
In 2022, exports of offal, edible; of bovine animals, livers, frozens from Australia dropped sharply to 16K tons, declining by -17.1% on 2021. In general, exports continue to indicate a abrupt decrease. The smallest decline of -11.9% was in 2020.
In value terms, exports of offal, edible; of bovine animals, livers, frozens fell to $24M in 2022. Over the period under review, exports recorded a mild setback. The pace of growth appeared the most rapid in 2021 with an increase of 5.3%. As a result, the exports reached the peak of $27M, and then dropped in the following year.
| Export of Offal, Edible; of Bovine Animals, Livers, Frozen in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 10.2 | 11.0 | 8.4 | 7.9 | -8.2% |
| Indonesia | 2.9 | 4.5 | 6.3 | 4.2 | 13.1% |
| Thailand | 1.8 | 0.8 | 1.6 | 4.2 | 32.6% |
| South Africa | 5.6 | 5.7 | 5.2 | 2.1 | -27.9% |
| Saudi Arabia | 0.7 | 0.8 | 0.9 | 1.4 | 26.0% |
| United States | 0.2 | 0.3 | 0.2 | 0.9 | 65.1% |
| United Arab Emirates | 0.5 | 0.6 | 0.6 | 0.8 | 17.0% |
| Malaysia | 0.8 | 0.5 | 0.6 | 0.3 | -27.9% |
| Kuwait | 0.6 | 0.2 | 1.2 | 0.3 | -20.6% |
| Others | 2.0 | 1.6 | 2.4 | 2.2 | 3.2% |
| Total | 25.1 | 26.0 | 27.3 | 24.3 | -1.1% |
Top Export Markets for Offal, Edible; of Bovine Animals, Livers, Frozen from Australia in 2022:
- Egypt (4.4K tons)
- Indonesia (3.2K tons)
- Thailand (2.8K tons)
- South Africa (1.9K tons)
- Saudi Arabia (0.9K tons)
- United Arab Emirates (0.6K tons)
- United States (0.4K tons)
- Malaysia (0.2K tons)
- Kuwait (0.2K tons)
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