Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Azerbaijan - 2023

Contents:

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

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Azerbaijan (CIF) - 2022

The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $1,902 per ton in 2022, jumping by 37% against the previous year. In general, the import price recorded a resilient increase. Over the period under review, average import prices attained the peak figure at $2,943 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Jordan ($6,754 per ton), while the price for Belarus ($534 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+32.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Azerbaijan (FOB) - 2022

In 2022, the average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $2,200 per ton, remaining constant against the previous year. Overall, the export price posted significant growth. The most prominent rate of growth was recorded in 2019 an increase of 86%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2014 to 2022, the rate of growth in terms of prices for Vietnam amounted to +77.0% per year.

Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Azerbaijan

Imports of offal, edible; of bovine animals, (other than tongues and livers), frozens into Azerbaijan reduced dramatically to 72 tons in 2022, waning by -55.1% on the previous year's figure. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. As a result, imports attained the peak of 159 tons, and then declined rapidly in the following year.

In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens reduced notably to $136K in 2022. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 63%. As a result, imports reached the peak of $221K, and then fell sharply in the following year.

Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Jordan68.341.647.250.5-9.6%
India8.76.74.638.664.3%
Paraguay9.424.464.935.856.2%
Belarus6.57.210.19.312.7%
Lithuania5.08.5N/AN/A70.0%
Georgia31.47.950.5N/A26.8%
Ukraine33.130.226.4N/A-10.7%
Others21.88.917.61.8-56.5%
Total184135221136-9.6%

Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to Azerbaijan in 2022:

  1. Paraguay (26.0 tons)
  2. India (20.0 tons)
  3. Belarus (17.5 tons)
  4. Jordan (7.5 tons)

Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Azerbaijan

In 2022, after two years of decline, there was decline in shipments abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens, when their volume decreased by 0% to 6.4 tons. In general, exports continue to indicate a dramatic curtailment. The smallest decline of 99.9% was in 2020.

In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $14K in 2022. Over the period under review, exports faced a precipitous setback. The smallest decline of 99.9% was in 2020.

Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/AN/A14.10%
Vietnam50.1N/AN/AN/A0%
Pakistan14.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total64.7N/AN/A14.1-39.8%

Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from Azerbaijan in 2022:

  1. Hong Kong SAR (6.4 tons)

Source: IndexBox Market Intelligence Platform

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