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

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in the Philippines (CIF) - 2022
  2. Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in the Philippines

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

The average import price for offal, edible; of bovine animals, livers, frozens stood at $552 per ton in 2022, waning by -43.8% against the previous year. Over the period under review, the import price recorded a perceptible contraction. The pace of growth appeared the most rapid in 2017 an increase of 25%. Over the period under review, average import prices reached the peak figure at $983 per ton in 2021, and then shrank remarkably in the following year.

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 Ireland ($1,500 per ton), while the price for Australia stood at $512 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+41.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in the Philippines

After two years of decline, purchases abroad of offal, edible; of bovine animals, livers, frozens increased by 4,126% to 642 tons in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of offal, edible; of bovine animals, livers, frozens surged to $355K in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Offal, Edible; of Bovine Animals, Livers, Frozen in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia2.70.60.2316389.1%
Ireland0.30.50.339.0406.6%
Netherlands7.40.30.2N/A-83.6%
United Kingdom9.116.61.6N/A-58.1%
Others60.410.312.6N/A-54.3%
Total79.928.214.935564.4%

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

  1. Australia (616.4 tons)
  2. Ireland (26.0 tons)

Source: IndexBox Market Intelligence Platform

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