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

Contents:

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

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

In 2022, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $1,142 per ton, with an increase of 5.6% against the previous year. Over the period under review, the import price, however, saw a perceptible contraction. The growth pace was the most rapid in 2017 an increase of 63% against the previous year. As a result, import price attained the peak level of $3,058 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +5.6% per year.

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

The average export price for offal, edible; of bovine animals, livers, frozens stood at $2,332 per ton in 2022, reducing by -4.4% against the previous year. Overall, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for offal, edible; of bovine animals, livers, frozens increased by +35.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 42%. Over the period under review, the average export prices hit record highs at $3,097 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($2,779 per ton), while the average price for exports to Qatar ($1,068 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+96.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of offal, edible; of bovine animals, livers, frozens decreased by -60.1% to 153 tons, falling for the second year in a row after two years of growth. In general, imports recorded a deep slump. The pace of growth appeared the most rapid in 2020 when imports increased by 162% against the previous year. As a result, imports reached the peak of 536 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 dropped significantly to $174K in 2022. Overall, imports saw a sharp downturn. The smallest decline of -1% was in 2020.

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

1. New Zealand (152.7 tons)

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

In 2022, overseas shipments of offal, edible; of bovine animals, livers, frozens decreased by -84.9% to 5 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 98% against the previous year. As a result, the exports reached the peak of 143 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of offal, edible; of bovine animals, livers, frozens contracted rapidly to $12K in 2022. In general, exports saw a dramatic decrease. The growth pace was the most rapid in 2020 with an increase of 10% against the previous year. As a result, the exports reached the peak of $246K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Kuwait (3.7 tons)
2. Qatar (1.0 tons)
3. Bahrain (0.3 tons)

Source: IndexBox Market Intelligence Platform