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

Contents:

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

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

In 2022, the average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $2,814 per ton, increasing by 4% against the previous year. Overall, the import price, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 64% against the previous year. Over the period under review, average import prices attained the peak figure at $4,607 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($3,321 per ton), while the price for India totaled $2,813 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $783 per ton in 2022, rising by 9.1% against the previous year. Overall, the export price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. Over the period under review, the average export prices hit record highs at $1,835 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($4,683 per ton), while the average price for exports to Afghanistan ($651 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, supplies from abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens decreased by -8.3% to 329 tons in 2022. The total import volume increased at an average annual rate of +9.7% 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 2020 when imports increased by 20%.

In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens shrank slightly to $926K in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 10%.

Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India7978809719265.1%
Others1.30.90.90.7-18.6%
Total7988819729265.1%

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

  1. India (329.0 tons)

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

In 2022, overseas shipments of offal, edible; of bovine animals, (other than tongues and livers), frozens decreased by -26.5% to 91 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 115%. As a result, the exports reached the peak of 124 tons, and then contracted rapidly in the following year.

In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens dropped sharply to $72K in 2022. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 66%.

Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan2.24.043.751.6186.2%
Thailand3.02.76.17.535.7%
Vietnam4.12.95.04.74.7%
Hong Kong SAR21.130.026.34.1-42.1%
United Arab Emirates0.40.92.02.481.7%
Pakistan0.50.40.91.026.0%
PolandN/A12.4N/AN/A0%
Others1.30.55.30.3-38.7%
Total32.553.989.371.630.1%

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

  1. Afghanistan (79.3 tons)
  2. Vietnam (3.4 tons)
  3. Hong Kong SAR (3.4 tons)
  4. United Arab Emirates (1.8 tons)
  5. Thailand (1.6 tons)
  6. Pakistan (1.4 tons)

Source: IndexBox Market Intelligence Platform

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