Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Netherlands - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Netherlands (FOB) - 2023
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Netherlands (CIF) - 2023
- Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Netherlands
- Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Netherlands
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Netherlands (FOB) - 2023
The average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $2,125 per ton in October 2023, reducing by -4.9% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 when the average export price increased by 13% m-o-m. Over the period under review, the average export prices hit record highs at $2,332 per ton in June 2023; however, from July 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Israel ($4,423 per ton), while the average price for exports to Cote d'Ivoire ($899 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+6.5%), 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 the Netherlands (CIF) - 2023
In October 2023, the average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $1,866 per ton, surging by 44% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($17,026 per ton), while the price for Iceland ($292 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the UK (+14.3%), 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 the Netherlands
In 2022, approx. 46K tons of offal, edible; of bovine animals, (other than tongues and livers), frozens were exported from the Netherlands; waning by -13.8% on the previous year's figure. In general, exports recorded a deep reduction. The smallest decline of -3.1% was in 2021.
In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens dropped sharply to $92M in 2022. Over the period under review, exports recorded a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by 3.7% against the previous year. As a result, the exports reached the peak of $114M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.6 | 6.9 | 10.5 | 11.7 | 15.5% |
| Belgium | 4.5 | 7.3 | 13.1 | 11.1 | 35.1% |
| Germany | 8.2 | 7.9 | 9.1 | 9.6 | 5.4% |
| Ireland | 1.0 | 1.6 | 8.8 | 6.1 | 82.7% |
| Ghana | 7.7 | 8.6 | 9.1 | 5.7 | -9.5% |
| Romania | 1.5 | 3.3 | 4.6 | 4.8 | 47.4% |
| United Kingdom | 7.6 | 7.2 | 11.3 | 4.4 | -16.7% |
| Philippines | 8.3 | 13.5 | 6.7 | 3.9 | -22.3% |
| Austria | 3.1 | 3.0 | 3.3 | 3.3 | 2.1% |
| United Arab Emirates | 1.8 | 1.6 | 1.9 | 3.0 | 18.6% |
| Poland | 5.6 | 4.9 | 3.7 | 2.9 | -19.7% |
| Denmark | 1.4 | 1.6 | 1.9 | 2.7 | 24.5% |
| Bulgaria | 1.3 | 1.2 | 1.7 | 2.2 | 19.2% |
| Others | 50.7 | 45.8 | 23.8 | 20.3 | -26.3% |
| Total | 110 | 114 | 109 | 91.6 | -5.9% |
Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from the Netherlands in 2022:
- Belgium (12.4K tons)
- Germany (4.1K tons)
- Ghana (4.0K tons)
- Ireland (2.5K tons)
- United Kingdom (2.1K tons)
- France (2.0K tons)
- Romania (1.9K tons)
- United Arab Emirates (1.7K tons)
- Philippines (1.7K tons)
- Austria (1.7K tons)
- Poland (1.6K tons)
- Denmark (1.3K tons)
- Bulgaria (0.8K tons)
Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Netherlands
In 2022, after three years of growth, there was significant decline in purchases abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens, when their volume decreased by -9.7% to 24K tons. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.1% 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 +48.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 30% against the previous year. As a result, imports reached the peak of 26K tons, and then contracted in the following year.
In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens declined rapidly to $31M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year.
| Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 8.1 | 12.7 | 14.6 | 11.5 | 12.4% |
| Ireland | 0.8 | 7.5 | 8.6 | 4.7 | 80.4% |
| Germany | 4.3 | 3.1 | 9.2 | 4.4 | 0.8% |
| Poland | 0.6 | 1.2 | 2.3 | 3.1 | 72.9% |
| Italy | 1.4 | 1.7 | 0.5 | 2.0 | 12.6% |
| Spain | 0.1 | 0.8 | 0.5 | 1.3 | 135.1% |
| France | 0.5 | 0.3 | 0.3 | 0.4 | -7.2% |
| United Kingdom | 1.7 | 2.7 | 0.3 | 0.1 | -61.1% |
| Others | 1.6 | 1.2 | 2.1 | 3.0 | 23.3% |
| Total | 19.1 | 31.0 | 38.3 | 30.6 | 17.0% |
Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to the Netherlands in 2022:
- Belgium (12.3K tons)
- Germany (3.5K tons)
- Ireland (2.4K tons)
- Poland (1.3K tons)
- Italy (1.1K tons)
- Spain (0.8K tons)
- France (0.6K tons)
- United Kingdom (0.1K tons)
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