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

Contents:

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

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

The average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $2,029 per ton in 2022, reducing by -54.2% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of 55%. The export price peaked at $4,547 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($4,549 per ton), while the average price for exports to Vietnam amounted to $1,922 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+12.3%).

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

The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $384 per ton in 2022, dropping by -74.7% against the previous year. In general, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 54% against the previous year. As a result, import price attained the peak level of $3,518 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($3,000 per ton), while the price for Tanzania amounted to $319 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+26.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, shipments abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens was finally on the rise to reach 109 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens surged to $222K in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam14.28.85.0201141.9%
Hong Kong SAR1.16.29.020.3164.3%
Others1.41.11.3N/A-3.6%
Total16.816.015.3222136.4%

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

  1. Vietnam (104.8 tons)
  2. Hong Kong SAR (4.5 tons)

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

In 2022, the amount of offal, edible; of bovine animals, (other than tongues and livers), frozens imported into Kenya soared to 11 tons, with an increase of 584% against the year before. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 760%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens soared to $4.4K in 2022. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 271%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
TanzaniaN/AN/A2703,5781225.2%
Netherlands17.027.085.0828265.2%
South Africa4806592,192N/A113.7%
OthersN/AN/AN/AN/A0%
Total4976862,5474,406107.0%

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

  1. Tanzania (11.2 tons)
  2. Netherlands (0.3 tons)

Source: IndexBox Market Intelligence Platform

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