Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Bulgaria - 2023

Contents:

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

Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Bulgaria (CIF) - 2022

The average import price for offal, edible; of bovine animals, tongues, frozens stood at $2,361 per ton in 2022, jumping by 23% against the previous year. In general, the import price, however, showed a abrupt shrinkage. Over the period under review, average import prices hit record highs at $4,796 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($5,197 per ton), while the price for Germany ($1,066 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+42.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Bulgaria (FOB) - 2022

In 2022, the average export price for offal, edible; of bovine animals, tongues, frozens amounted to $6,857 per ton, growing by 22% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for offal, edible; of bovine animals, tongues, frozens increased by +105.4% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 73% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malta ($7,365 per ton), while the average price for exports to Greece stood at $5,845 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+30.8%).

Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Bulgaria

In 2022, supplies from abroad of offal, edible; of bovine animals, tongues, frozens was finally on the rise to reach 965 tons after two years of decline. In general, imports, however, recorded a pronounced decrease.

In value terms, imports of offal, edible; of bovine animals, tongues, frozens soared to $2.3M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.0% 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 +46.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark12813527344751.7%
Germany87.127149631753.8%
Poland405394273293-10.2%
FinlandN/AN/A119247107.6%
Italy21812531.82393.1%
Netherlands291214158217-9.3%
Romania87.048.096.820032.0%
Spain35633793.891.0-36.5%
France75.7N/AN/AN/A0%
Others11331.113622826.4%
Total1,7611,5571,6782,2809.0%

Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Bulgaria in 2022:

  1. Germany (297.3 tons)
  2. Denmark (210.3 tons)
  3. Netherlands (100.5 tons)
  4. Italy (80.6 tons)
  5. Poland (69.0 tons)
  6. Spain (48.6 tons)
  7. Finland (47.5 tons)
  8. Romania (41.7 tons)

Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Bulgaria

In 2022, the amount of offal, edible; of bovine animals, tongues, frozens exported from Bulgaria surged to 329 kg, jumping by 509% against 2021. In general, exports, however, showed a precipitous contraction.

In value terms, exports of offal, edible; of bovine animals, tongues, frozens surged to $2.3K in 2022. Overall, exports, however, faced a precipitous decrease.

Export of Offal, Edible; of Bovine Animals, Tongues, Frozen in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MaltaN/AN/A0.31.6433.3%
Greece4.10.3N/A0.6-47.3%
United Kingdom1.5N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.60.30.32.3-25.7%

Top Export Markets for Offal, Edible; of Bovine Animals, Tongues, Frozen from Bulgaria in 2022:

  1. Malta (219.0 kg)
  2. Greece (110.0 kg)

Source: IndexBox Market Intelligence Platform

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