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

Contents:

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

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

In January 2024, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $1,047 per ton, therefore, remained relatively stable against the previous month. Over the period under review, the import price saw a pronounced curtailment. The growth pace was the most rapid in November 2023 when the average import price increased by 15% against the previous month. Over the period under review, average import prices hit record highs at $1,358 per ton in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($1,050 per ton), while the price for Canada totaled $1,044 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Canada (-2.0%).

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

In 2022, the average export price for offal, edible; of bovine animals, livers, frozens amounted to $2,493 per ton, remaining stable against the previous year. Over the period under review, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 a decrease of -16% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +20.9% per year.

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

After three years of growth, supplies from abroad of offal, edible; of bovine animals, livers, frozens decreased by -2.3% to 2.1K tons in 2022. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. As a result, imports reached the peak of 2.2K tons, and then shrank slightly in the following year.

In value terms, imports of offal, edible; of bovine animals, livers, frozens expanded rapidly to $3.2M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 100% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,0221,0012,0532,74339.0%
Canada26329564544018.7%
Australia109108110N/A0.5%
Others9.96.55.76.6-12.6%
Total1,4041,4092,8143,19031.5%

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

  1. United States (1830.4 tons)
  2. Canada (277.0 tons)

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

Exports of offal, edible; of bovine animals, livers, frozens from Chile totaled 349 kg in 2022, remaining constant against the year before. Over the period under review, exports saw a precipitous curtailment. The smallest decline of 99.9% was in 2021.

In value terms, exports of offal, edible; of bovine animals, livers, frozens stood at $870 in 2022. Overall, exports showed a dramatic slump. The smallest decline of 99.9% was in 2021.

Export of Offal, Edible; of Bovine Animals, Livers, Frozen in Chile (USD)
COUNTRY202020212022CAGR,
2020-2022
ChinaN/AN/A8700%
South Korea72.0N/AN/A0%
Congo791N/AN/A0%
Angola762N/AN/A0%
OthersN/AN/AN/A0%
Total1,625N/A870-26.8%

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

  1. China (349.0 kg)

Source: IndexBox Market Intelligence Platform

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