Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Brazil - 2024

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Brazil (CIF) - 2022
  2. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Brazil (FOB) - 2024
  3. Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Brazil
  4. Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Brazil

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

In 2022, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $1,339 per ton, waning by -6% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 37% against the previous year. Over the period under review, average import prices hit record highs at $1,443 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Paraguay ($1,418 per ton), while the price for Argentina ($1,292 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Brazil (FOB) - 2024

The average export price for offal, edible; of bovine animals, livers, frozens stood at $1,275 per ton in February 2024, growing by 6.7% against the previous month. In general, the export price, however, recorded a pronounced reduction. The pace of growth was the most pronounced in December 2023 an increase of 9% m-o-m. The export price peaked at $1,773 per ton in July 2023; however, from August 2023 to February 2024, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In February 2024, the country with the highest price was Cuba ($4,275 per ton), while the average price for exports to Gambia ($825 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (0.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of offal, edible; of bovine animals, livers, frozens into Brazil skyrocketed to 9.8K tons in 2022, rising by 20% compared with the previous year. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 75%. As a result, imports reached the peak of 12K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of offal, edible; of bovine animals, livers, frozens expanded notably to $13M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +26.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +101.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 91% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina4.78.27.86.813.1%
Paraguay1.43.83.53.231.7%
Uruguay0.20.20.23.1149.3%
Others0.20.30.20.1-20.6%
Total6.512.511.713.226.6%

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

  1. Argentina (5.3K tons)
  2. Uruguay (2.3K tons)
  3. Paraguay (2.2K tons)

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

In 2022, exports of offal, edible; of bovine animals, livers, frozens from Brazil skyrocketed to 6K tons, growing by 193% against the previous year. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of offal, edible; of bovine animals, livers, frozens soared to $12M in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Offal, Edible; of Bovine Animals, Livers, Frozen in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt3.10.50.98.338.9%
Russia0.51.32.43.081.7%
Others0.20.10.40.314.5%
Total3.81.93.611.645.1%

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

  1. Egypt (4.3K tons)
  2. Russia (1.6K tons)

Source: IndexBox Market Intelligence Platform

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