Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Brazil - 2024
Contents:
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Brazil (FOB) - 2024
- Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Brazil
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Brazil (FOB) - 2024
In January 2024, the average export price for offal, edible; of bovine animals, tongues, frozens amounted to $2,644 per ton, surging by 7.1% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 9.8% m-o-m. As a result, the export price attained the peak level of $2,869 per ton. From March 2023 to January 2024, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In January 2024, the country with the highest price was Russia ($3,915 per ton), while the average price for exports to Bhutan ($2,010 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 Uzbekistan (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Brazil
For the third consecutive year, Brazil recorded decline in overseas shipments of offal, edible; of bovine animals, tongues, frozens, which decreased by -18.7% to 10K tons in 2022. Overall, exports continue to indicate a deep contraction. The smallest decline of -5.5% was in 2020.
In value terms, exports of offal, edible; of bovine animals, tongues, frozens contracted to $29M in 2022. In general, exports faced a abrupt downturn. The smallest decline of -8.8% was in 2021.
| Export of Offal, Edible; of Bovine Animals, Tongues, Frozen in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 37.4 | 28.2 | 21.9 | 16.6 | -23.7% |
| Russia | 0.3 | 0.6 | 1.3 | 5.4 | 162.1% |
| Israel | 1.8 | 1.3 | 1.8 | 2.5 | 11.6% |
| Georgia | 0.1 | N/A | N/A | 1.2 | 128.9% |
| Paraguay | 0.4 | 0.2 | 0.1 | 0.7 | 20.5% |
| Myanmar | N/A | 0.3 | 1.1 | 0.5 | 29.1% |
| Thailand | 0.2 | 0.1 | 0.5 | 0.5 | 35.7% |
| Ukraine | 0.6 | 1.0 | 1.4 | 0.1 | -45.0% |
| Others | 4.4 | 3.9 | 4.5 | 1.8 | -25.8% |
| Total | 45.2 | 35.8 | 32.7 | 29.4 | -13.4% |
Top Export Markets for Offal, Edible; of Bovine Animals, Tongues, Frozen from Brazil in 2022:
- Hong Kong SAR (6.4K tons)
- Russia (1.3K tons)
- Israel (0.7K tons)
- Georgia (0.4K tons)
- Paraguay (0.3K tons)
- Myanmar (0.2K tons)
- Thailand (0.2K tons)
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