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

Contents:

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

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

The average export price for offal, edible; of bovine animals, livers, frozens stood at $981 per ton in 2022, rising by 9.9% against the previous year. Over the period under review, the export price, however, continues to indicate a slight reduction. The pace of growth was the most pronounced in 2021 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,122 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to +20.0% per year.

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

In 2022, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $8,676 per ton, which is down by -12.9% against the previous year. In general, the import price saw a abrupt slump. The pace of growth was the most pronounced in 2014 an increase of 156% against the previous year. As a result, import price attained the peak level of $18,045 per ton. From 2015 to 2022, the average import prices remained at a 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 France ($12,313 per ton), while the price for Denmark ($5,258 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after three years of growth, there was significant decline in overseas shipments of offal, edible; of bovine animals, livers, frozens, when their volume decreased by -51.1% to 57 tons. Over the period under review, exports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 141%.

In value terms, exports of offal, edible; of bovine animals, livers, frozens contracted rapidly to $55K in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 122% against the previous year.

Export of Offal, Edible; of Bovine Animals, Livers, Frozen in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine13.641.590.455.459.7%
Cote d'IvoireN/A8.6N/AN/A0%
GermanyN/AN/A12.7N/A0%
Ghana12.47.8N/AN/A-37.1%
OthersN/AN/AN/AN/A0%
Total26.057.910355.428.7%

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

  1. Ukraine (56.5 tons)

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

In 2022, purchases abroad of offal, edible; of bovine animals, livers, frozens decreased by -2% to 445 kg, falling for the second year in a row after two years of growth. Overall, imports, however, posted a slight increase. The pace of growth appeared the most rapid in 2020 when imports increased by 111% against the previous year. As a result, imports reached the peak of 895 kg. 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 shrank to $3.9K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 100%.

Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.31.12.22.4100.0%
Netherlands1.93.32.31.3-11.9%
DenmarkN/AN/AN/A0.20%
OthersN/AN/AN/AN/A0%
Total2.24.54.53.921.0%

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

  1. Netherlands (222.0 kg)
  2. France (192.0 kg)
  3. Denmark (31.0 kg)

Source: IndexBox Market Intelligence Platform

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