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

Contents:

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

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

In 2022, the average export price for offal, edible; of bovine animals, tongues, frozens amounted to $4,634 per ton, jumping by 30% against the previous year. Overall, the export price showed a buoyant increase. The pace of growth appeared the most rapid in 2013 an increase of 52% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($4,787 per ton), while the average price for exports to Hungary ($3,052 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 Bulgaria (+9.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for offal, edible; of bovine animals, tongues, frozens stood at $3,868 per ton in 2022, increasing by 72% against the previous year. Overall, the import price, however, showed a noticeable downturn. The pace of growth appeared the most rapid in 2016 an increase of 73% against the previous year. The import price peaked at $5,166 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($7,557 per ton), while the price for Germany ($1,368 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+42.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of offal, edible; of bovine animals, tongues, frozens increased by 112% to 21 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of offal, edible; of bovine animals, tongues, frozens soared to $97K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Offal, Edible; of Bovine Animals, Tongues, Frozen in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria10.115.427.678.297.8%
GreeceN/AN/AN/A9.50%
Hungary40.29.46.44.1-53.3%
SwedenN/AN/AN/A2.30%
CyprusN/A5.70.1N/A-98.2%
BelgiumN/A3.10.1N/A-96.8%
Others1.60.81.02.820.5%
Total51.934.435.296.923.1%

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

  1. Bulgaria (16.4 tons)
  2. Greece (2.0 tons)
  3. Hungary (1.3 tons)
  4. Sweden (0.6 tons)

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

In 2022, purchases abroad of offal, edible; of bovine animals, tongues, frozens decreased by -74% to 5 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 151%. As a result, imports reached the peak of 198 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of offal, edible; of bovine animals, tongues, frozens shrank dramatically to $19K in 2022. In general, imports continue to indicate a precipitous decline. The growth pace was the most rapid in 2020 when imports increased by 270%. As a result, imports attained the peak of $332K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.1N/A6.88.8344.8%
Netherlands9.716.37.14.1-25.0%
Germany48.810427.02.5-62.9%
CyprusN/AN/AN/A2.00%
Spain0.2N/AN/A1.7104.1%
HungaryN/A13.80.40.2-88.0%
AustriaN/A74.01.1N/A-98.5%
Poland30.94.30.2N/A-92.0%
Italy0.182.00.3N/A73.2%
OthersN/A37.70.3N/A-99.2%
Total89.733243.219.3-40.1%

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

  1. Germany (1836.0 kg)
  2. Belgium (1657.0 kg)
  3. Netherlands (537.0 kg)
  4. Cyprus (525.0 kg)
  5. Spain (333.0 kg)
  6. Hungary (94.0 kg)

Source: IndexBox Market Intelligence Platform

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