Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Denmark - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Denmark (FOB) - 2022
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Denmark (CIF) - 2022
- Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Denmark
- Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Denmark
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Denmark (FOB) - 2022
The average export price for offal, edible; of bovine animals, tongues, frozens stood at $9,991 per ton in 2022, rising by 37% against the previous year. Over the period under review, the export price recorded buoyant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($10,484 per ton), while the average price for exports to Canada ($5,898 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 Vietnam (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Denmark (CIF) - 2022
The average import price for offal, edible; of bovine animals, tongues, frozens stood at $4,324 per ton in 2022, waning by -29.1% against the previous year. Overall, the import price, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 144% against the previous year. As a result, import price attained the peak level of $6,100 per ton, and then fell sharply in the following year.
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 Germany ($20,609 per ton), while the price for Iceland ($3,353 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Denmark
Exports of offal, edible; of bovine animals, tongues, frozens from Denmark reduced markedly to 314 tons in 2022, which is down by -24.6% on 2021. Overall, exports, however, recorded a temperate expansion. The pace of growth was the most pronounced in 2021 when exports increased by 105% against the previous year. As a result, the exports attained the peak of 417 tons, and then declined markedly in the following year.
In value terms, exports of offal, edible; of bovine animals, tongues, frozens totaled $3.1M in 2022. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 243% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Offal, Edible; of Bovine Animals, Tongues, Frozen in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 945 | 673 | 2,704 | 2,898 | 45.3% |
| Canada | N/A | N/A | 201 | 144 | -28.4% |
| Vietnam | 34.7 | N/A | 103 | 92.1 | 38.5% |
| Greenland | 82.6 | 110 | 6.2 | N/A | -72.6% |
| Kazakhstan | 192 | N/A | N/A | N/A | 0% |
| Philippines | N/A | 69.7 | N/A | N/A | 0% |
| Belarus | 134 | N/A | N/A | N/A | 0% |
| Others | 10.5 | 30.2 | 17.4 | 4.3 | -25.7% |
| Total | 1,399 | 883 | 3,032 | 3,139 | 30.9% |
Top Export Markets for Offal, Edible; of Bovine Animals, Tongues, Frozen from Denmark in 2022:
- Japan (276.4 tons)
- Canada (24.4 tons)
- Vietnam (12.6 tons)
Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Denmark
Imports of offal, edible; of bovine animals, tongues, frozens into Denmark surged to 5.5 tons in 2022, rising by 128% compared with 2021 figures. Overall, imports posted mild growth.
In value terms, imports of offal, edible; of bovine animals, tongues, frozens skyrocketed to $24K in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.5% against 2020 indices.
| Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iceland | N/A | N/A | N/A | 13.2 | 0% |
| Netherlands | 4.8 | 2.1 | 14.8 | 9.7 | 26.4% |
| Norway | N/A | 23.8 | N/A | N/A | 0% |
| Ireland | 15.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 1.0 | 0% |
| Total | 20.2 | 25.8 | 14.8 | 23.9 | 5.8% |
Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Denmark in 2022:
- Iceland (3.9 tons)
- Netherlands (1.5 tons)
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