Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Estonia - 2023

Contents:

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

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

In 2022, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $1,285 per ton, increasing by 14% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 42% against the previous year. Over the period under review, average import prices reached the maximum at $1,373 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Belgium ($2,096 per ton), while the price for Sweden ($1,024 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for offal, edible; of bovine animals, livers, frozens amounted to $1,213 per ton, falling by -7.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 44% against the previous year. As a result, the export price reached the peak level of $1,317 per ton, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($1,586 per ton), while the average price for exports to the Netherlands ($1,007 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 Poland (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of offal, edible; of bovine animals, livers, frozens imported into Estonia contracted to 483 tons, waning by -13% on 2021. Over the period under review, imports faced a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 5.9% against the previous year.

In value terms, imports of offal, edible; of bovine animals, livers, frozens dropped modestly to $620K in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. As a result, imports reached the peak of $624K, leveling off in the following year.

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

1. Finland (238.4 tons)
2. Sweden (79.7 tons)
3. Lithuania (41.2 tons)
4. Belgium (33.5 tons)
5. Poland (30.0 tons)
6. Denmark (29.8 tons)
7. Netherlands (12.0 tons)

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

In 2022, overseas shipments of offal, edible; of bovine animals, livers, frozens decreased by -34.3% to 108 tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a dramatic slump. The growth pace was the most rapid in 2020 with an increase of 6.9%. As a result, the exports reached the peak of 275 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of offal, edible; of bovine animals, livers, frozens contracted sharply to $131K in 2022. In general, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by 21%. As a result, the exports reached the peak of $251K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Latvia (84.5 tons)
2. Netherlands (16.6 tons)
3. Finland (5.7 tons)

Source: IndexBox Market Intelligence Platform