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

Contents:

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

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

In 2022, the average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $3,334 per ton, increasing by 25% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 26%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Argentina ($3,334 per ton) and Poland ($3,334 per ton), while the price for Uruguay ($3,334 per ton) and France ($3,334 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.3%), 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 Israel (FOB) - 2022

In 2022, the average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $2,331 per ton, increasing by 60% against the previous year. Over the period under review, the export price continues to indicate a perceptible expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +12.9% per year.

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

After three years of growth, purchases abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens decreased by -6.9% to 2.1K tons in 2022. The total import volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. As a result, imports reached the peak of 2.3K tons, and then declined in the following year.

In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens skyrocketed to $7.1M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 22%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

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

1. Argentina (848.4 tons)
2. Poland (548.8 tons)
3. Brazil (253.4 tons)
4. France (151.5 tons)
5. Paraguay (119.7 tons)
6. Uruguay (115.5 tons)
7. Netherlands (93.3 tons)

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

For the third year in a row, Israel recorded decline in overseas shipments of offal, edible; of bovine animals, (other than tongues and livers), frozens, which decreased by -83% to 7.7 tons in 2022. Over the period under review, exports faced a precipitous shrinkage. The smallest decline of -24.8% was in 2021.

In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens declined significantly to $18K in 2022. In general, exports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 0.1% against the previous year.

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

1. Ukraine (7.7 tons)

Source: IndexBox Market Intelligence Platform