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

Contents:

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

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

The average import price for offal, edible; of bovine animals, livers, frozens stood at $1,119 per ton in November 2023, shrinking by -6.2% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 0.7% against the previous month. The import price peaked at $1,193 per ton in October 2023, and then fell in the following month.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From February 2023 to November 2023, the rate of growth in terms of prices for the United States amounted to +0.3% per month.

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

In 2022, the average export price for offal, edible; of bovine animals, livers, frozens amounted to $1,532 per ton, dropping by -13.8% against the previous year. Over the period under review, the export price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 28%. As a result, the export price reached the peak level of $1,968 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +5.4% per year.

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

In 2022, after two years of decline, there was significant decline in supplies from abroad of offal, edible; of bovine animals, livers, frozens, when their volume decreased by -21.5% to 325 tons. Overall, imports saw a significant decrease.

In value terms, imports of offal, edible; of bovine animals, livers, frozens dropped sharply to $409K in 2022. Over the period under review, imports faced a sharp setback.

Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,067N/A449409-41.7%
Nicaragua55.6N/A73.9N/A15.3%
Others10.7N/A6.2N/A-23.9%
Total2,133N/A529409-42.3%

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

  1. United States (324.7 tons)

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

In 2022, overseas shipments of offal, edible; of bovine animals, livers, frozens decreased by -81.9% to 45 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 46%.

In value terms, exports of offal, edible; of bovine animals, livers, frozens contracted remarkably to $69K in 2022. Over the period under review, exports recorded a precipitous decrease. The pace of growth was the most pronounced in 2021 when exports increased by 49% against the previous year. As a result, the exports attained the peak of $439K, and then dropped remarkably in the following year.

Export of Offal, Edible; of Bovine Animals, Livers, Frozen in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan10411014968.6-13.0%
United States12.514.214.3N/A7.0%
Panama14.921.076.4N/A126.4%
Angola35.343.246.5N/A14.8%
Canada79.8106152N/A38.0%
Others0.10.10.8N/A182.8%
Total24629543968.6-34.7%

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

  1. Japan (44.8 tons)

Source: IndexBox Market Intelligence Platform

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