Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Luxembourg - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Luxembourg (CIF) - 2022
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Luxembourg (FOB) - 2022
- Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Luxembourg
- Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Luxembourg
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Luxembourg (CIF) - 2022
In 2022, the average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $2,443 per ton, flattening at the previous year. In general, the import price, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 60% against the previous year. The import price peaked at $3,973 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($5,714 per ton), while the price for Belgium ($2,048 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Luxembourg (FOB) - 2022
The average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $2,042 per ton in 2022, reducing by -28.4% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 62% against the previous year. Over the period under review, the average export prices hit record highs at $3,894 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($2,777 per ton), while the average price for exports to France ($1,766 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 Belgium (+4.3%), while the prices for the other major destinations experienced a decline.
Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Luxembourg
In 2022, approx. 24 tons of offal, edible; of bovine animals, (other than tongues and livers), frozens were imported into Luxembourg; rising by 20% against the year before. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.6% 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 +69.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens soared to $58K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.8% 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 +43.5% against 2019 indices. 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 Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 26.1 | 25.8 | 24.1 | 36.0 | 11.3% |
| Portugal | 3.4 | 7.5 | 13.6 | 9.9 | 42.8% |
| France | 6.3 | 2.6 | 2.8 | 7.5 | 6.0% |
| Netherlands | 0.5 | 0.7 | 3.9 | 2.7 | 75.4% |
| Germany | 1.6 | 3.5 | 2.4 | 1.1 | -11.7% |
| Others | 2.1 | 0.3 | 0.6 | 0.4 | -42.5% |
| Total | 40.1 | 40.4 | 47.4 | 57.6 | 12.8% |
Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to Luxembourg in 2022:
- Belgium (17.6 tons)
- Portugal (3.6 tons)
- France (1.7 tons)
- Netherlands (0.5 tons)
- Germany (0.3 tons)
Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Luxembourg
After two years of decline, overseas shipments of offal, edible; of bovine animals, (other than tongues and livers), frozens increased by 26% to 9.2 tons in 2022. Overall, exports, however, saw a precipitous decline.
In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens reduced to $19K in 2022. In general, exports, however, recorded a precipitous shrinkage.
| Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 22.2 | 8.6 | 6.6 | 8.1 | -28.5% |
| Belgium | 31.3 | 11.1 | 8.8 | 6.2 | -41.7% |
| Germany | 15.6 | 7.7 | 4.9 | 4.5 | -33.9% |
| Others | N/A | 0.4 | 0.5 | N/A | 25.0% |
| Total | 69.1 | 27.8 | 20.8 | 18.8 | -35.2% |
Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from Luxembourg in 2022:
- France (4.6 tons)
- Germany (2.4 tons)
- Belgium (2.2 tons)
465
Global Frozen Meat Offal Market Report 2018. This report provides an in-depth analysis of the global frozen meat offal market.
496
Global Fresh Meat Offal Market Report 2018. This report provides an in-depth analysis of the global fresh meat offal market.
465
Global Frozen Meat Offal Market Report 2018. This report provides an in-depth analysis of the global frozen meat offal market.
496
Global Fresh Meat Offal Market Report 2018. This report provides an in-depth analysis of the global fresh meat offal market.
Nothing found. Please try again.
