Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Hong Kong SAR - 2023

Contents:

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

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

In 2022, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $4,892 per ton, picking up by 4.4% against the previous year. Overall, the import price, however, continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2018 an increase of 24% against the previous year. Over the period under review, average import prices reached the maximum at $6,877 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the Netherlands ($11,850 per ton), while the price for Argentina stood at $1,643 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+97.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for offal, edible; of bovine animals, livers, frozens stood at $673 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, saw a deep setback. Over the period under review, the average export prices attained the maximum at $1,140 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to -0.9% per year.

Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Hong Kong SAR

In 2022, overseas purchases of offal, edible; of bovine animals, livers, frozens decreased by -17.4% to 1.5 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,128% against the previous year. As a result, imports reached the peak of 3.8 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 reduced to $7.2K in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,333% against the previous year. As a result, imports reached the peak of $16K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/A0.15.55400.0%
ArgentinaN/AN/AN/A1.60%
United Kingdom0.10.61.4N/A274.2%
United StatesN/A0.20.4N/A100.0%
France0.21.21.7N/A191.5%
IndiaN/A9.8N/AN/A0%
Italy0.21.32.0N/A216.2%
PakistanN/A1.00.9N/A-10.0%
Others0.61.51.9N/A78.0%
Total1.115.88.37.287.1%

Top Suppliers of Offal, Edible; of Bovine Animals, Livers, Frozen to Hong Kong SAR in 2022:

  1. Argentina (1000.0 kg)
  2. Netherlands (467.0 kg)

Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Hong Kong SAR

After three years of growth, shipments abroad of offal, edible; of bovine animals, livers, frozens decreased by -0.7% to 28 tons in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 1.4%. As a result, the exports attained the peak of 28 tons, leveling off in the following year.

In value terms, exports of offal, edible; of bovine animals, livers, frozens reduced modestly to $19K in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 0.1% against the previous year. As a result, the exports reached the peak of $19K, leveling off in the following year.

Export of Offal, Edible; of Bovine Animals, Livers, Frozen in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam16.218.518.618.64.7%
Angola2.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total18.518.518.618.60.2%

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

  1. Vietnam (27.6 tons)

Source: IndexBox Market Intelligence Platform

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