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

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Uruguay (FOB) - 2023
  2. Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Uruguay (CIF) - 2022
  3. Exports of Offal, Edible; of Bovine Animals, Livers, Frozen in Uruguay
  4. Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Uruguay

Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Uruguay (FOB) - 2023

The average export price for offal, edible; of bovine animals, livers, frozens stood at $1,100 per ton in December 2023, rising by 5.9% against the previous month. Overall, the export price, however, saw a slight decrease. The pace of growth appeared the most rapid in November 2023 when the average export price increased by 8.6% month-to-month. Over the period under review, the average export prices reached the maximum at $1,343 per ton in January 2023; however, from February 2023 to December 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Egypt ($1,428 per ton), while the average price for exports to the United Arab Emirates ($940 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for offal, edible; of bovine animals, livers, frozens amounted to $1,530 per ton, increasing by 19% against the previous year. Over the period under review, the import price, however, continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 36% against the previous year. The import price peaked at $1,849 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to +27.0% per year.

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

After three years of growth, overseas shipments of offal, edible; of bovine animals, livers, frozens decreased by -1.2% to 7.5K tons in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. As a result, the exports attained the peak of 7.6K tons, and then reduced in the following year.

In value terms, exports of offal, edible; of bovine animals, livers, frozens reduced remarkably to $11M in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 111% against the previous year. As a result, the exports reached the peak of $14M, and then contracted dramatically in the following year.

Export of Offal, Edible; of Bovine Animals, Livers, Frozen in Uruguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia4.65.18.83.8-6.2%
Egypt0.80.92.83.360.4%
Brazil0.20.10.33.0146.6%
Colombia0.10.10.40.681.7%
Others0.30.31.40.732.6%
Total6.06.513.811.423.9%

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

  1. Russia (2.6K tons)
  2. Brazil (2.3K tons)
  3. Egypt (1.9K tons)
  4. Colombia (0.5K tons)

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

In 2022, the amount of offal, edible; of bovine animals, livers, frozens imported into Uruguay soared to 66 tons, jumping by 17% compared with 2021 figures. The total import volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of offal, edible; of bovine animals, livers, frozens soared to $101K in 2022. In general, imports showed a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 63%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Offal, Edible; of Bovine Animals, Livers, Frozen in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ParaguayN/A44.562.610150.7%
Brazil74.0N/A10.1N/A-63.1%
Others0.20.1N/AN/A-50.0%
Total74.244.672.810110.8%

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

  1. Paraguay (66.0 tons)

Source: IndexBox Market Intelligence Platform

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