Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in China - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in China (CIF) - 2023
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in China (FOB) - 2022
- Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in China
- Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in China
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in China (CIF) - 2023
In December 2023, the average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $5,419 per ton, rising by 5.5% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 8.6% m-o-m. As a result, import price reached the peak level of $6,036 per ton. From February 2023 to December 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Australia ($7,808 per ton), while the price for Russia ($2,848 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+1.6%), 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 China (FOB) - 2022
China has no trade partners to describe.
Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in China
In 2022, approx. 41K tons of offal, edible; of bovine animals, (other than tongues and livers), frozens were imported into China; jumping by 33% against the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens skyrocketed to $228M in 2022. Over the period under review, imports showed 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, (Other than Tongues and Livers), Frozen in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 50.9 | 42.3 | 69.1 | 99.0 | 24.8% |
| United States | 0.2 | 4.5 | 26.9 | 63.1 | 580.8% |
| New Zealand | 25.9 | 26.2 | 30.0 | 36.1 | 11.7% |
| Australia | 24.0 | 15.5 | 11.4 | 16.1 | -12.5% |
| Costa Rica | 3.6 | 4.2 | 4.9 | 8.2 | 31.6% |
| Russia | N/A | 0.1 | 0.6 | 5.3 | 628.0% |
| Others | 1.0 | 0.5 | 0.5 | 0.2 | -41.5% |
| Total | 106 | 93.3 | 144 | 228 | 29.1% |
Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to China in 2022:
- Uruguay (15.3K tons)
- United States (13.1K tons)
- New Zealand (6.6K tons)
- Australia (2.5K tons)
- Russia (2.0K tons)
- Costa Rica (1.0K tons)
Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in China
In 2022, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens from China amounted to 100 tons, rising by 2.6% against the previous year. The total export volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens rose to $167K in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 123%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 49.9 | N/A | N/A | N/A | 0% |
| Others | 2.5 | 72.9 | 162 | 167 | 305.8% |
| Total | 52.4 | 72.9 | 162 | 167 | 47.2% |
Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from China in 2022:
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