Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Ireland - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Ireland (FOB) - 2023
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Ireland (CIF) - 2022
- Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Ireland
- Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Ireland
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Ireland (FOB) - 2023
The average export price for offal, edible; of bovine animals, tongues, frozens stood at $6,919 per ton in October 2023, shrinking by -11% against the previous month. Overall, the export price showed a perceptible contraction. The most prominent rate of growth was recorded in January 2023 an increase of 41% month-to-month. Over the period under review, the average export prices reached the maximum at $10,469 per ton in May 2023; however, from June 2023 to October 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($8,664 per ton), while the average price for exports to the Netherlands ($908 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Ireland (CIF) - 2022
The average import price for offal, edible; of bovine animals, tongues, frozens stood at $2,221 per ton in 2020, reducing by -25.5% against the previous year. In general, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 76% against the previous year. The import price peaked at $6,203 per ton in 2014; however, from 2015 to 2020, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From 2013 to 2020, the rate of growth in terms of prices for Germany amounted to +1.8% per year.
Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Ireland
Exports of offal, edible; of bovine animals, tongues, frozens from Ireland was estimated at 1.2K tons in 2022, stabilizing at the previous year. Over the period under review, exports saw a resilient expansion. The smallest decline of -1.6% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of offal, edible; of bovine animals, tongues, frozens stood at $14M in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 4.7% 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 near future.
| Export of Offal, Edible; of Bovine Animals, Tongues, Frozen in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.0 | 3.8 | N/A | 12.5 | 60.9% |
| United States | 0.4 | N/A | N/A | 0.6 | 14.5% |
| Hong Kong SAR | N/A | N/A | N/A | 0.3 | 0% |
| Netherlands | N/A | 0.1 | N/A | 0.1 | 0.0% |
| United Kingdom | 0.4 | 0.2 | N/A | 0.1 | -37.0% |
| Belgium | 0.1 | 0.2 | N/A | 0.1 | 0.0% |
| France | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Philippines | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 4.2 | 4.4 | N/A | 13.7 | 48.3% |
Top Export Markets for Offal, Edible; of Bovine Animals, Tongues, Frozen from Ireland in 2022:
- Japan (989.7 tons)
- United States (73.0 tons)
- Netherlands (38.5 tons)
- United Kingdom (24.7 tons)
- Hong Kong SAR (24.2 tons)
- Belgium (9.7 tons)
- Philippines (1.7 tons)
- France (1.1 tons)
Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Ireland
In 2020, the amount of offal, edible; of bovine animals, tongues, frozens imported into Ireland stood at 46 tons, picking up by 9.2% against the previous year's figure. The total import volume increased at an average annual rate of +9.2% over the period from 2019 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of offal, edible; of bovine animals, tongues, frozens dropped dramatically to $103K in 2020. Overall, imports, however, recorded a abrupt decrease.
| Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| United Kingdom | 127 | 103 | -18.9% | ||
| Others | N/A | N/A | 0% | ||
| Total | 127 | 103 | -18.9% | ||
Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Ireland in 2022:
- United Kingdom (46.3 tons)
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