Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Argentina - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Argentina (FOB) - 2022
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Argentina (CIF) - 2022
- Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Argentina
- Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Argentina
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Argentina (FOB) - 2022
The average export price for offal, edible; of bovine animals, tongues, frozens stood at $3,680 per ton in 2022, rising by 12% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2017 an increase of 51%. The export price peaked at $5,412 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($4,210 per ton), while the average price for exports to Hong Kong SAR ($2,100 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 Ukraine (+1.7%), while the prices for the other major destinations experienced a decline.
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Argentina (CIF) - 2022
The average import price for offal, edible; of bovine animals, tongues, frozens stood at $8,022 per ton in 2022, waning by -4.3% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for offal, edible; of bovine animals, tongues, frozens increased by +103.1% against 2012 indices. The growth pace was the most rapid in 2016 when the average import price increased by 12%. Over the period under review, average import prices attained the peak figure at $8,380 per ton in 2021, and then contracted modestly in the following year.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +7.3% per year.
Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Argentina
For the third year in a row, Argentina recorded decline in overseas shipments of offal, edible; of bovine animals, tongues, frozens, which decreased by -7.8% to 6.2K tons in 2022. In general, exports continue to indicate a deep downturn. The smallest decline of -5.5% was in 2021.
In value terms, exports of offal, edible; of bovine animals, tongues, frozens amounted to $23M in 2022. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 20%.
| Export of Offal, Edible; of Bovine Animals, Tongues, Frozen in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 24.1 | 15.1 | 19.8 | 18.4 | -8.6% |
| Hong Kong SAR | 0.1 | 0.1 | 0.1 | 2.6 | 196.2% |
| Thailand | 0.9 | 1.0 | 0.2 | 1.1 | 6.9% |
| Israel | 1.0 | 1.3 | 0.9 | 0.7 | -11.2% |
| Others | 1.0 | 0.8 | 1.0 | N/A | 0.0% |
| Total | 27.1 | 18.3 | 22.0 | 22.8 | -5.6% |
Top Export Markets for Offal, Edible; of Bovine Animals, Tongues, Frozen from Argentina in 2022:
- Russia (4.4K tons)
- Hong Kong SAR (1.3K tons)
- Thailand (0.4K tons)
- Israel (0.2K tons)
Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Argentina
In 2022, after two years of decline, there was significant growth in purchases abroad of offal, edible; of bovine animals, tongues, frozens, when their volume increased by 6.7% to 7.2 tons. Over the period under review, imports, however, recorded a deep setback.
In value terms, imports of offal, edible; of bovine animals, tongues, frozens rose slightly to $58K in 2022. In general, imports, however, recorded a noticeable slump.
| Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 61.4 | 39.7 | 56.5 | 57.7 | -2.1% |
| Brazil | N/A | 18.8 | N/A | N/A | 0% |
| Others | N/A | 0.4 | N/A | N/A | 0% |
| Total | 61.4 | 58.9 | 56.5 | 57.7 | -2.1% |
Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Argentina in 2022:
- Netherlands (7.2 tons)
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