Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Thailand - 2024
Contents:
- Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Thailand (CIF) - 2024
- Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Thailand
Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Thailand (CIF) - 2024
In January 2024, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $1,209 per ton, dropping by -24.1% against the previous month. Over the period under review, the import price showed a noticeable decline. The most prominent rate of growth was recorded in March 2023 an increase of 39% against the previous month. The import price peaked at $2,179 per ton in January 2023; however, from February 2023 to January 2024, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In January 2024, the country with the highest price was New Zealand ($1,512 per ton), while the price for Australia totaled $1,059 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Argentina (+0.4%), while the prices for the other major suppliers experienced a decline.
Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Thailand
In 2022, imports of offal, edible; of bovine animals, livers, frozens into Thailand skyrocketed to 5.7K tons, picking up by 29% against 2021. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 54%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of offal, edible; of bovine animals, livers, frozens skyrocketed to $9.3M in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 89%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 1.2 | 2.1 | 4.1 | 4.6 | 56.5% |
| Australia | 0.6 | 1.2 | 2.2 | 4.6 | 97.2% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 1.8 | 3.3 | 6.3 | 9.3 | 72.9% |
Top Suppliers of Offal, Edible; of Bovine Animals, Livers, Frozen to Thailand in 2022:
- Australia (3.0K tons)
- New Zealand (2.6K tons)
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