Price for Offal, Edible; of Bovine Animals, Livers, Frozen in New Zealand - 2024
Contents:
- Price for Offal, Edible; of Bovine Animals, Livers, Frozen in New Zealand (FOB) - 2024
- Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in New Zealand
Price for Offal, Edible; of Bovine Animals, Livers, Frozen in New Zealand (FOB) - 2024
The average export price for offal, edible; of bovine animals, livers, frozens stood at $857 per ton in January 2024, with a decrease of -14.3% against the previous month. In general, the export price continues to indicate a perceptible slump. The most prominent rate of growth was recorded in March 2023 an increase of 14% against the previous month. As a result, the export price attained the peak level of $1,395 per ton. From April 2023 to January 2024, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In January 2024, the country with the highest price was Egypt ($1,323 per ton), while the average price for exports to Mauritius ($694 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+0.1%), while the prices for the other major destinations experienced a decline.
Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in New Zealand
For the third consecutive year, New Zealand recorded decline in overseas shipments of offal, edible; of bovine animals, livers, frozens, which decreased by -21.4% to 7.1K tons in 2022. Over the period under review, exports recorded a abrupt shrinkage. The smallest decline of -0.4% was in 2020.
In value terms, exports of offal, edible; of bovine animals, livers, frozens contracted dramatically to $9.2M in 2022. The total export value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. As a result, the exports attained the peak of $11M, and then plummeted in the following year.
| Export of Offal, Edible; of Bovine Animals, Livers, Frozen in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 3,224 | 3,712 | 2,294 | 1,772 | -18.1% |
| Thailand | 233 | 178 | 897 | 1,451 | 84.0% |
| United Arab Emirates | 154 | 205 | 895 | 1,202 | 98.4% |
| South Africa | 1,641 | 1,433 | 2,400 | 1,157 | -11.0% |
| Indonesia | 692 | 670 | 1,399 | 1,109 | 17.0% |
| Saudi Arabia | 162 | 228 | 443 | 602 | 54.9% |
| Mauritius | 499 | 611 | 1,150 | 475 | -1.6% |
| Malaysia | 1,045 | 666 | 184 | 339 | -31.3% |
| China | 222 | 28.8 | 248 | 227 | 0.7% |
| Others | 505 | 934 | 1,370 | 912 | 21.8% |
| Total | 8,380 | 8,665 | 11,281 | 9,247 | 3.3% |
Top Export Markets for Offal, Edible; of Bovine Animals, Livers, Frozen from New Zealand in 2022:
- South Africa (1125.5 tons)
- Thailand (1035.6 tons)
- Indonesia (992.6 tons)
- United Arab Emirates (927.0 tons)
- Egypt (899.6 tons)
- Saudi Arabia (456.9 tons)
- Mauritius (388.1 tons)
- China (265.7 tons)
- Malaysia (241.6 tons)
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