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

Contents:

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

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

The average export price for offal, edible; of bovine animals, livers, frozens stood at $1,047 per ton in 2022, surging by 13% against the previous year. In general, the export price, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 34% against the previous year. Over the period under review, the average export prices attained the maximum at $1,645 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($1,137 per ton), while the average price for exports to Lithuania ($727 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 Ukraine (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $5,932 per ton, with an increase of 182% against the previous year. Over the period under review, the import price saw a moderate increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($5,953 per ton), while the price for Germany stood at $5,700 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+15.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, shipments abroad of offal, edible; of bovine animals, livers, frozens decreased by -13.8% to 348 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a noticeable setback. The most prominent rate of growth was recorded in 2020 when exports increased by 3.4%.

In value terms, exports of offal, edible; of bovine animals, livers, frozens dropped slightly to $364K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34%. As a result, the exports attained the peak of $375K, and then reduced slightly in the following year.

Export of Offal, Edible; of Bovine Animals, Livers, Frozen in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia13318125327727.7%
Lithuania9.416.623.645.268.8%
Latvia52.222.133.232.3-14.8%
Ukraine12.123.915.78.2-12.2%
Cote d'Ivoire37.18.825.6N/A-16.9%
Others6.926.623.51.6-38.6%
Total25127937536413.2%

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

  1. Estonia (243.6 tons)
  2. Lithuania (62.2 tons)
  3. Latvia (33.0 tons)
  4. Ukraine (8.1 tons)

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

Imports of offal, edible; of bovine animals, livers, frozens into Finland shrank sharply to 2 tons in 2022, waning by -44.6% compared with the year before. Overall, imports showed a dramatic setback. The growth pace was the most rapid in 2021 when imports increased by 33%.

In value terms, imports of offal, edible; of bovine animals, livers, frozens soared to $12K in 2022. Over the period under review, imports saw a abrupt contraction.

Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands16.64.04.011.0-12.8%
Germany1.2N/AN/A1.0-5.9%
Ireland1.1N/AN/AN/A0%
LatviaN/A0.9N/AN/A0%
LithuaniaN/A0.23.7N/A1750.0%
Poland0.51.4N/AN/A180.0%
OthersN/A0.2N/AN/A0%
Total19.36.67.612.0-14.6%

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

  1. Netherlands (1.8 tons)
  2. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform

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