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

Contents:

1. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in France (FOB) - 2023
2. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in France (CIF) - 2022
3. Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in France
4. Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in France

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in France (FOB) - 2023

In November 2023, the average export price for offal, edible; of bovine animals, livers, frozens amounted to $927 per ton, picking up by 2.7% against the previous month. Overall, the export price, however, showed a mild decline. The most prominent rate of growth was recorded in February 2023 an increase of 12% m-o-m. As a result, the export price attained the peak level of $1,220 per ton. From March 2023 to November 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Hong Kong SAR ($1,864 per ton), while the average price for exports to Denmark ($711 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for offal, edible; of bovine animals, livers, frozens stood at $1,722 per ton in 2022, growing by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The growth pace was the most rapid in 2020 when the average import price increased by 26% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,218 per ton), while the price for the UK ($754 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of offal, edible; of bovine animals, livers, frozens from France shrank to 6.9K tons, stabilizing at 2021. Overall, exports continue to indicate a deep slump. The smallest decline of -0.4% was in 2021.

In value terms, exports of offal, edible; of bovine animals, livers, frozens fell slightly to $8.1M 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 +44.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. As a result, the exports attained the peak of $8.5M, and then shrank modestly in the following year.

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

1. South Africa (1483.2 tons)
2. Cote d'Ivoire (1446.6 tons)
3. Denmark (639.3 tons)
4. Guinea (366.4 tons)
5. Netherlands (309.5 tons)
6. Senegal (294.5 tons)
7. Germany (259.9 tons)
8. Ireland (242.9 tons)
9. Cyprus (235.0 tons)
10. Gambia (224.3 tons)
11. Greece (196.5 tons)
12. Gabon (159.9 tons)
13. Belgium (137.4 tons)

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

Imports of offal, edible; of bovine animals, livers, frozens into France fell significantly to 1.5K tons in 2022, with a decrease of -23% compared with the year before. Overall, imports showed a pronounced descent. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of 1.9K tons, and then reduced markedly in the following year.

In value terms, imports of offal, edible; of bovine animals, livers, frozens reduced to $2.6M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 26%.

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

1. Netherlands (732.8 tons)
2. Germany (315.2 tons)
3. Spain (154.1 tons)
4. Italy (138.3 tons)
5. Belgium (55.9 tons)
6. Luxembourg (29.5 tons)
7. Austria (27.1 tons)

Source: IndexBox Market Intelligence Platform