Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Belarus - 2022

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Belarus (FOB) - 2022
  2. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Belarus (CIF) - 2022
  3. Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Belarus
  4. Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Belarus

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Belarus (FOB) - 2022

The average export price for offal, edible; of bovine animals, livers, frozens stood at $2,360 per ton in 2022, with an increase of 17% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for offal, edible; of bovine animals, livers, frozens increased by +99.0% against 2018 indices. The growth pace was the most rapid in 2021 an increase of 37% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($2,549 per ton), while the average price for exports to Kazakhstan ($1,868 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 Azerbaijan (+8.8%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Belarus (CIF) - 2022

The average import price for offal, edible; of bovine animals, livers, frozens stood at $8,267 per ton in 2022, growing by 520% against the previous year. Overall, the import price continues to indicate a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($22,391 per ton), while the price for Lithuania ($1,222 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+190.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Belarus

In 2022, overseas shipments of offal, edible; of bovine animals, livers, frozens decreased by -70% to 665 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 78% against the previous year.

In value terms, exports of offal, edible; of bovine animals, livers, frozens shrank markedly to $1.6M in 2022. Over the period under review, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 122%. As a result, the exports reached the peak of $4.5M, and then reduced dramatically in the following year.

Export of Offal, Edible; of Bovine Animals, Livers, Frozen in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia8641,6934,1281,45919.1%
Azerbaijan90.518719568.8-8.7%
Kazakhstan30.510311038.98.4%
Others34.932.135.61.9-62.1%
Total1,0202,0154,4691,56915.4%

Top Export Markets for Offal, Edible; of Bovine Animals, Livers, Frozen from Belarus in 2022:

  1. Russia (613.4 tons)
  2. Azerbaijan (27.0 tons)
  3. Kazakhstan (20.8 tons)

Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Belarus

After three years of growth, purchases abroad of offal, edible; of bovine animals, livers, frozens decreased by -84.4% to 387 tons in 2022. In general, imports faced a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 68%. As a result, imports attained the peak of 2.5K tons, and then dropped remarkably in the following year.

In value terms, imports of offal, edible; of bovine animals, livers, frozens shrank slightly to $3.2M in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 134% against the previous year. As a result, imports attained the peak of $3.3M, and then fell in the following year.

Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria2582449621,16165.1%
Poland17438453864855.0%
Denmark73.919.542150890.1%
Germany16526335943438.0%
Lithuania12514314517411.7%
Hungary42.380.079.095.331.1%
Russia4.22.475.791.3179.1%
BelgiumN/A79.4369N/A364.7%
FranceN/A102289N/A183.3%
Others29.696.472.887.843.7%
Total8721,4143,3103,19954.2%

Top Suppliers of Offal, Edible; of Bovine Animals, Livers, Frozen to Belarus in 2022:

  1. Lithuania (142.6 tons)
  2. Hungary (70.4 tons)
  3. Austria (51.8 tons)
  4. Russia (47.1 tons)
  5. Poland (29.0 tons)
  6. Denmark (22.7 tons)
  7. Germany (19.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Offal, edible; of bovine animals, livers, frozen - Belarus