Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Paraguay - 2024

Contents:

  1. Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Paraguay (FOB) - 2024
  2. Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Paraguay (CIF) - 2022
  3. Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Paraguay
  4. Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Paraguay

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Paraguay (FOB) - 2024

The average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $1,703 per ton in January 2024, falling by -5.1% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 28% against the previous month. Over the period under review, the average export prices hit record highs at $1,796 per ton in December 2023, and then dropped in the following month.

There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was Gabon ($2,654 per ton), while the average price for exports to Liberia ($874 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $2,358 per ton in 2022, waning by -17.7% against the previous year. In general, the import price, however, showed a prominent increase. The growth pace was the most rapid in 2015 an increase of 100% against the previous year. Over the period under review, average import prices attained the peak figure at $2,866 per ton in 2021, and then declined notably in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($2,635 per ton), while the price for Azerbaijan ($1,900 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after three years of growth, there was decline in overseas shipments of offal, edible; of bovine animals, (other than tongues and livers), frozens, when their volume decreased by -1.4% to 25K tons. The total export volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, the exports reached the peak of 26K tons, and then dropped in the following year.

In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $57M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 46%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Paraguay (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia14.311.319.222.516.3%
Taiwan (Chinese)0.1N/A4.510.0364.2%
Gabon4.65.25.24.2-3.0%
Brazil2.82.34.84.012.6%
Peru1.11.52.52.734.9%
Congo1.20.91.42.018.6%
Hong Kong SAR2.09.111.11.7-5.3%
Albania0.20.60.20.858.7%
Ghana0.20.60.50.751.8%
Cote d'Ivoire0.30.30.70.732.6%
Liberia0.10.70.90.681.7%
Angola0.1N/AN/A0.571.0%
Colombia0.30.40.50.410.1%
Others12.15.54.76.1-20.4%
Total39.338.656.257.013.2%

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

  1. Russia (9.0K tons)
  2. Taiwan (Chinese) (2.7K tons)
  3. Gabon (1.9K tons)
  4. Peru (1.4K tons)
  5. Brazil (1.2K tons)
  6. Congo (1.0K tons)
  7. Hong Kong SAR (0.8K tons)
  8. Ghana (0.7K tons)
  9. Liberia (0.7K tons)
  10. Albania (0.6K tons)
  11. Angola (0.6K tons)
  12. Cote d'Ivoire (0.6K tons)
  13. Colombia (0.5K tons)

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

Imports of offal, edible; of bovine animals, (other than tongues and livers), frozens into Paraguay soared to 871 tons in 2022, rising by 1,717% on 2021 figures. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens soared to $2.1M in 2022. Over the period under review, imports showed a significant expansion. 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 Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/A1371,055670.1%
RussiaN/AN/AN/A8940%
AzerbaijanN/AN/AN/A47.50%
Congo15.8N/AN/AN/A0%
Others8.0N/AN/A56.792.1%
Total23.8N/A1372,053341.8%

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

  1. Brazil (495.3 tons)
  2. Russia (339.3 tons)
  3. Azerbaijan (25.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Offal, edible; of bovine animals, (other than tongues and livers), frozen - Paraguay