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

Contents:

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

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

The average import price for offal, edible; of bovine animals, livers, frozens stood at $1,722 per ton in 2022, shrinking by -22.7% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 40% against the previous year. As a result, import price attained the peak level of $2,860 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Germany ($1,947 per ton), while the price for Poland ($930 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for offal, edible; of bovine animals, livers, frozens stood at $764 per ton in 2022, declining by -29.8% against the previous year. Over the period under review, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2013 an increase of 90%. As a result, the export price attained the peak level of $2,036 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Guinea-Bissau ($1,766 per ton), while the average price for exports to Spain ($438 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 Cote d'Ivoire (+42.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of offal, edible; of bovine animals, livers, frozens imported into Portugal contracted to 236 tons, falling by -6.9% compared with 2021 figures. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, imports attained the peak of 253 tons, and then dropped in the following year.

In value terms, imports of offal, edible; of bovine animals, livers, frozens declined rapidly to $406K in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, imports reached the peak of $564K, and then shrank markedly in the following year.

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

1. Spain (149.9 tons)
2. Germany (33.9 tons)
3. France (26.1 tons)
4. Netherlands (15.9 tons)
5. Poland (10.0 tons)

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

For the fourth year in a row, Portugal recorded growth in shipments abroad of offal, edible; of bovine animals, livers, frozens, which increased by 89% to 329 tons in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of offal, edible; of bovine animals, livers, frozens soared to $252K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 137%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Spain (211.9 tons)
2. Cote d'Ivoire (44.0 tons)
3. Guinea-Bissau (26.4 tons)
4. Cabo Verde (24.7 tons)
5. Angola (17.4 tons)

Source: IndexBox Market Intelligence Platform