Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Indonesia - 2022
Contents:
- Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Indonesia (CIF) - 2022
- Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Indonesia
Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Indonesia (CIF) - 2022
In March 2022, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $1,452 per ton, growing by 1.8% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2022 when the average import price increased by 8.9% m-o-m. Over the period under review, average import prices attained the maximum at $1,502 per ton in November 2021; afterwards, it flattened through to March 2022.
Average prices varied noticeably amongst the major supplying countries. In March 2022, the country with the highest price was Australia ($1,467 per ton), while the price for New Zealand ($1,368 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Indonesia
In 2022, approx. 5K tons of offal, edible; of bovine animals, livers, frozens were imported into Indonesia; falling by -27.4% compared with 2021 figures. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 61% against the previous year. As a result, imports attained the peak of 6.9K tons, and then fell notably in the following year.
In value terms, imports of offal, edible; of bovine animals, livers, frozens reduced rapidly to $7.1M in 2022. Overall, imports showed a mild slump. The growth pace was the most rapid in 2021 with an increase of 110% against the previous year. As a result, imports attained the peak of $9.6M, and then dropped dramatically in the following year.
| Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 5.5 | 3.4 | 6.8 | 5.1 | -2.5% |
| New Zealand | 1.3 | 0.9 | 1.6 | 1.5 | 4.9% |
| United States | 0.6 | 0.2 | 1.2 | 0.4 | -12.6% |
| Spain | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.4 | 4.6 | 9.6 | 7.1 | -1.4% |
Top Suppliers of Offal, Edible; of Bovine Animals, Livers, Frozen to Indonesia in 2022:
- Australia (3.5K tons)
- New Zealand (1.0K tons)
- United States (0.3K tons)
- Spain (0.1K tons)
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