Price for Offal, Edible; of Bovine Animals, Livers, Frozen in the United Arab Emirates - 2022

Contents:

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

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

In 2022, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $1,413 per ton, dropping by -2.9% against the previous year. Overall, the import price saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 an increase of 49% against the previous year. Over the period under review, average import prices attained the peak figure at $1,748 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Paraguay ($1,945 per ton), while the price for Spain ($381 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for offal, edible; of bovine animals, livers, frozens amounted to $2,973 per ton, with an increase of 177% against the previous year. Overall, the export price continues to indicate buoyant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Saudi Arabia ($8,441 per ton), while the average price for exports to Oman ($1,840 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 Saudi Arabia (+72.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in the United Arab Emirates

In 2022, approx. 1.5K tons of offal, edible; of bovine animals, livers, frozens were imported into the United Arab Emirates; waning by -20% compared with 2021 figures. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 72%. As a result, imports attained the peak of 1.8K tons, and then dropped remarkably in the following year.

In value terms, imports of offal, edible; of bovine animals, livers, frozens plummeted to $2.1M in 2022. Overall, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 157% against the previous year. As a result, imports reached the peak of $2.6M, and then reduced dramatically in the following year.

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

1. New Zealand (833.5 tons)
2. Australia (422.8 tons)
3. United States (79.6 tons)
4. Brazil (35.7 tons)
5. Germany (27.9 tons)
6. Paraguay (26.5 tons)
7. Spain (25.0 tons)

Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in shipments abroad of offal, edible; of bovine animals, livers, frozens, when their volume decreased by -78.2% to 20 tons. Over the period under review, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 329%.

In value terms, exports of offal, edible; of bovine animals, livers, frozens fell sharply to $61K in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 179% against the previous year.

Top Export Markets for Offal, Edible; of Bovine Animals, Livers, Frozen from the United Arab Emirates in 2022:

1. Oman (8.9 tons)
2. Iraq (5.1 tons)
3. Turkmenistan (4.7 tons)
4. Saudi Arabia (1.7 tons)

Source: IndexBox Market Intelligence Platform