Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Myanmar - 2022
Contents:
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Myanmar (FOB) - 2022
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Myanmar (CIF) - 2022
- Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Myanmar
- Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Myanmar
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Myanmar (FOB) - 2022
In 2022, the average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $2,174 per ton, waning by -10.1% against the previous year. In general, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 12%. The export price peaked at $3,000 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($2,500 per ton), while the average price for exports to Vietnam stood at $1,971 per ton.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+10.6%).
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Myanmar (CIF) - 2022
The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $12,759 per ton in 2022, growing by 319% against the previous year. Overall, the import price saw a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to +6.3% per year.
Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Myanmar
In 2022, approx. 315 tons of offal, edible; of bovine animals, (other than tongues and livers), frozens were exported from Myanmar; which is down by -62.9% against the previous year. Overall, exports, however, showed strong growth. The pace of growth was the most pronounced in 2021 with an increase of 879% against the previous year. As a result, the exports reached the peak of 850 tons, and then fell dramatically in the following year.
In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens shrank markedly to $685K in 2022. In general, exports, however, continue to indicate tangible growth. The pace of growth was the most pronounced in 2021 when exports increased by 769%. As a result, the exports attained the peak of $2.1M, and then shrank notably in the following year.
| Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | 1,877 | 383 | -79.6% |
| Hong Kong SAR | N/A | 125 | N/A | 302 | 55.4% |
| China | 600 | 112 | 177 | N/A | -45.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 600 | 236 | 2,055 | 685 | 4.5% |
Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from Myanmar in 2022:
- Vietnam (194.1 tons)
- Hong Kong SAR (120.8 tons)
Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Myanmar
In 2022, approx. 79 kg of offal, edible; of bovine animals, (other than tongues and livers), frozens were imported into Myanmar; which is down by 99.9% compared with 2021. Overall, imports faced a precipitous descent. The growth pace was the most rapid in 2021 when imports increased by 5.7%.
In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens reduced notably to $1K in 2022. In general, imports faced a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 0.8% against the previous year.
| Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Myanmar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 4.0 | 3.1 | 6.4 | N/A | 26.5% |
| Poland | 2.0 | 1.0 | N/A | N/A | -50.0% |
| India | 0.3 | 0.2 | 0.3 | N/A | 0.0% |
| Turkey | 2.3 | N/A | N/A | N/A | 0% |
| South Africa | 0.1 | N/A | N/A | N/A | 0% |
| Australia | 0.6 | 0.1 | N/A | N/A | -83.3% |
| Romania | N/A | 1.9 | N/A | N/A | 0% |
| Pakistan | 2.4 | 2.1 | 4.8 | N/A | 41.4% |
| Brazil | 1.0 | 0.9 | 2.1 | N/A | 44.9% |
| Others | 7.2 | 6.1 | 1.7 | N/A | -51.4% |
| Total | 19.8 | 15.2 | 15.3 | N/A | -12.1% |
Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to Myanmar in 2022:
- Australia (79.0 kg)
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