Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in China - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in China (CIF) - 2023
- Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in China
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in China (CIF) - 2023
In December 2023, the average import price for offal, edible; of bovine animals, tongues, frozens amounted to $12,265 per ton, shrinking by -18.8% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in September 2023 an increase of 79% against the previous month. The import price peaked at $15,103 per ton in November 2023, and then declined remarkably in the following month.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to -0.2% per month.
Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in China
In 2022, the amount of offal, edible; of bovine animals, tongues, frozens imported into China fell to 196 tons, waning by -1.9% compared with 2021. Over the period under review, imports, however, showed a slight increase. The pace of growth was the most pronounced in 2021 when imports increased by 129%. As a result, imports attained the peak of 200 tons, and then reduced modestly in the following year.
In value terms, imports of offal, edible; of bovine animals, tongues, frozens expanded notably to $3.4M in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 159%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.8 | 1.1 | 3.0 | 3.4 | 62.0% |
| Uruguay | 0.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.6 | 1.1 | 3.0 | 3.4 | 28.6% |
Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to China in 2022:
- United States (195.6 tons)
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