Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Myanmar - 2022

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Myanmar (CIF) - 2022
  2. Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Myanmar

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

In 2022, the average import price for offal, edible; of bovine animals, tongues, frozens amounted to $4,365 per ton, remaining stable against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 73% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($5,880 per ton), while the price for Brazil ($4,028 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of offal, edible; of bovine animals, tongues, frozens imported into Myanmar was estimated at 950 kg, approximately reflecting 2021. In general, imports faced a precipitous decrease. The smallest decline of -36.2% was in 2020.

In value terms, imports of offal, edible; of bovine animals, tongues, frozens amounted to $4.1K in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 10%. As a result, imports reached the peak of $8.3K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/A5.0N/A2.6-27.9%
India4.20.6N/A0.9-40.2%
Spain3.02.6N/A0.5-45.0%
Others0.40.1N/AN/A-75.0%
Total7.58.3N/A4.1-18.2%

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

  1. Brazil (654.0 kg)
  2. India (202.0 kg)
  3. Spain (92.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Offal, edible; of bovine animals, tongues, frozen - Myanmar