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

Contents:

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

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

The average export price for offal, edible; of bovine animals, tongues, frozens stood at $3,582 per ton in 2022, waning by -38.7% against the previous year. Overall, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2019 when the average export price increased by 115% against the previous year. Over the period under review, the average export prices hit record highs at $6,462 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Croatia.

From 2012 to 2022, the rate of growth in terms of prices for Croatia amounted to -3.9% per year.

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

In 2022, the average import price for offal, edible; of bovine animals, tongues, frozens amounted to $7,271 per ton, increasing by 7.6% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2021 when the average import price increased by 9.5%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($8,976 per ton), while the price for France amounted to $7,201 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

After three years of growth, overseas shipments of offal, edible; of bovine animals, tongues, frozens decreased by -98.7% to 390 kg in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 6,715%.

In value terms, exports of offal, edible; of bovine animals, tongues, frozens fell notably to $1.4K in 2022. In general, exports, however, saw moderate growth. The most prominent rate of growth was recorded in 2020 with an increase of 3,634% against the previous year.

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

1. Croatia (390.0 kg)

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

In 2022, the amount of offal, edible; of bovine animals, tongues, frozens imported into Slovenia expanded rapidly to 23 tons, picking up by 15% on the previous year. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 59%. As a result, imports attained the peak of 24 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 soared to $168K in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 54%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

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

1. France (21.9 tons)
2. Netherlands (1.0 tons)
3. Italy (0.1 tons)

Source: IndexBox Market Intelligence Platform