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

Contents:

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

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

The average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $496 per ton in 2022, approximately reflecting the previous year. In general, the export price faced a deep contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 37% against the previous year. The export price peaked at $3,523 per ton in 2012; however, from 2013 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 Democratic Republic of the Congo ($1,299 per ton), while the average price for exports to Vietnam amounted to $482 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+36.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $827 per ton, declining by -65.4% against the previous year. Over the period under review, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 178%. The import price peaked at $3,473 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($2,511 per ton), while the price for China stood at $426 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-0.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after three years of growth, there was significant decline in shipments abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens, when their volume decreased by -8.3% to 388 tons. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 77%.

In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens contracted to $192K in 2022. The total export value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 20% against the previous year.

Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam27.116720118489.4%
Democratic Republic of the Congo1.27.49.28.793.5%
Hong Kong SAR117N/AN/AN/A0%
Others0.9N/AN/AN/A0%
Total1461752101929.6%

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

  1. Vietnam (381.2 tons)
  2. Democratic Republic of the Congo (6.7 tons)

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

In 2022, approx. 4.6 tons of offal, edible; of bovine animals, (other than tongues and livers), frozens were imported into Uganda; jumping by 126% on 2021. Over the period under review, imports recorded a significant increase. As a result, imports attained 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 contracted remarkably to $3.8K in 2022. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 78%.

Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa0.60.14.82.254.2%
China0.9N/AN/A1.621.1%
IrelandN/A2.6N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.52.74.93.836.3%

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

  1. China (3.7 tons)
  2. South Africa (0.9 tons)

Source: IndexBox Market Intelligence Platform

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