Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bangladesh - 2022
Contents:
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bangladesh (CIF) - 2022
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bangladesh (FOB) - 2022
- Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bangladesh
- Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bangladesh
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bangladesh (CIF) - 2022
The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $1,262 per ton in 2022, shrinking by -3.8% against the previous year. In general, the import price, however, recorded pronounced growth. The pace of growth appeared the most rapid in 2014 an increase of 28%. The import price peaked at $2,800 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
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 Brazil ($3,857 per ton), while the price for India stood at $1,202 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.5%).
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bangladesh (FOB) - 2022
In 2022, the average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $2,813 per ton, remaining stable against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices reached the maximum at $3,154 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +2.3% per year.
Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bangladesh
In 2022, overseas purchases of offal, edible; of bovine animals, (other than tongues and livers), frozens decreased by -31.4% to 2.6K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 169%. As a result, imports reached the peak of 3.7K tons, and then fell sharply in the following year.
In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens fell significantly to $3.2M in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 213%. As a result, imports attained the peak of $4.9M, and then fell notably in the following year.
| Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.0 | 1.6 | 4.1 | 3.0 | 44.2% |
| Brazil | N/A | N/A | 0.8 | 0.2 | -75.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.0 | 1.6 | 4.9 | 3.2 | 47.4% |
Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to Bangladesh in 2022:
- India (2.5K tons)
- Brazil (0.1K tons)
Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bangladesh
In 2022, after three years of growth, there was significant decline in overseas shipments of offal, edible; of bovine animals, (other than tongues and livers), frozens, when their volume decreased by -47.7% to 68 tons. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 2,057%. As a result, the exports attained the peak of 130 tons, and then reduced rapidly in the following year.
In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens declined markedly to $192K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 2,005% against the previous year. As a result, the exports attained the peak of $366K, and then shrank significantly in the following year.
| Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 3.8 | 17.4 | 359 | 191 | 269.0% |
| Saudi Arabia | N/A | N/A | 6.6 | N/A | 0% |
| Others | N/A | N/A | N/A | 0.6 | 0% |
| Total | 3.8 | 17.4 | 366 | 192 | 269.7% |
Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from Bangladesh in 2022:
- Hong Kong SAR (67.6 tons)
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