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

Contents:

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

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

In February 2022, the average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $2,242 per ton, with a decrease of -8.8% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2021 an increase of 39% month-to-month. The export price peaked at $3,119 per ton in September 2021; however, from October 2021 to February 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Gabon ($2,948 per ton), while the average price for exports to Liberia ($823 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Liberia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $970 per ton in 2022, falling by -8.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 29% against the previous year. The import price peaked at $1,307 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($1,095 per ton), while the price for Paraguay ($874 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+0.9%), while the prices for the other major suppliers experienced a decline.

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

Exports of offal, edible; of bovine animals, (other than tongues and livers), frozens from Colombia dropped dramatically to 2K tons in 2022, reducing by -35.3% on the year before. In general, exports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by 239%. As a result, the exports attained the peak of 3K tons, and then reduced notably in the following year.

In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens declined remarkably to $4.8M in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 284% against the previous year. As a result, the exports reached the peak of $7.5M, and then shrank dramatically in the following year.

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

1. Hong Kong SAR (1256.2 tons)
2. Congo (361.9 tons)
3. Liberia (178.9 tons)
4. Vietnam (155.4 tons)

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

In 2022, the amount of offal, edible; of bovine animals, (other than tongues and livers), frozens imported into Colombia fell remarkably to 1.4K tons, reducing by -17.7% against 2021. In general, imports recorded a perceptible curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 55% against the previous year. As a result, imports attained the peak of 1.7K tons, and then declined notably in the following year.

In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens fell remarkably to $1.3M in 2022. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +2.1% 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 +49.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. As a result, imports reached the peak of $1.8M, and then dropped notably in the following year.

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

1. Paraguay (576.5 tons)
2. Argentina (551.0 tons)
3. Uruguay (238.7 tons)

Source: IndexBox Market Intelligence Platform