Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Sweden - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Sweden (FOB) - 2023
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Sweden (CIF) - 2022
- Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Sweden
- Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Sweden
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Sweden (FOB) - 2023
In September 2023, the average export price for offal, edible; of bovine animals, tongues, frozens amounted to $5,734 per ton, growing by 23% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.5%. The pace of growth was the most pronounced in March 2023 when the average export price increased by 26% month-to-month. Over the period under review, the average export prices hit record highs in September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($7,050 per ton), while the average price for exports to Poland ($4,118 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Sweden (CIF) - 2022
In 2022, the average import price for offal, edible; of bovine animals, tongues, frozens amounted to $6,360 per ton, growing by 7.5% against the previous year. Overall, the import price posted a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of 80%. As a result, import price attained the peak level of $6,998 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($6,365 per ton), while the price for the Netherlands stood at $6,333 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Sweden
In 2022, the amount of offal, edible; of bovine animals, tongues, frozens exported from Sweden contracted significantly to 330 tons, with a decrease of -16.2% on the year before. Over the period under review, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 6.7% against the previous year.
In value terms, exports of offal, edible; of bovine animals, tongues, frozens rose slightly to $1.5M in 2022. The total export value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 27%. 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 Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 526 | 284 | 258 | 546 | 1.3% |
| Italy | 87.4 | 162 | 320 | 436 | 70.9% |
| Singapore | 91.1 | 140 | 131 | 223 | 34.8% |
| New Zealand | 103 | 330 | 229 | 110 | 2.2% |
| Canada | N/A | N/A | N/A | 84.7 | 0% |
| Bulgaria | N/A | N/A | N/A | 44.0 | 0% |
| Poland | N/A | 121 | 67.2 | 39.4 | -42.9% |
| Estonia | 57.7 | 3.6 | 70.0 | 26.5 | -22.8% |
| United Kingdom | 47.9 | 47.6 | N/A | N/A | -0.6% |
| Lithuania | 78.7 | N/A | 124 | N/A | 25.5% |
| Finland | 19.7 | 1.6 | N/A | N/A | -91.9% |
| Netherlands | 85.4 | 9.8 | 24.7 | N/A | -46.2% |
| Others | 124 | 67.9 | 263 | 34.2 | -34.9% |
| Total | 1,222 | 1,167 | 1,487 | 1,543 | 8.1% |
Top Export Markets for Offal, Edible; of Bovine Animals, Tongues, Frozen from Sweden in 2022:
- Denmark (106.0 tons)
- Italy (102.0 tons)
- Singapore (53.0 tons)
- New Zealand (24.0 tons)
- Canada (13.0 tons)
- Bulgaria (10.0 tons)
- Estonia (8.0 tons)
- Poland (6.0 tons)
Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Sweden
In 2022, imports of offal, edible; of bovine animals, tongues, frozens into Sweden shrank dramatically to 544 kg, declining by -50.8% on 2021. Overall, imports recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 with an increase of 104%. As a result, imports attained the peak of 1.1 tons, and then contracted dramatically in the following year.
In value terms, imports of offal, edible; of bovine animals, tongues, frozens fell rapidly to $3.5K in 2022. Over the period under review, imports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 when imports increased by 72%. As a result, imports reached the peak of $6.5K, and then contracted rapidly in the following year.
| Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 2.3 | 3.3 | 3.2 | 3.0 | 9.3% |
| Netherlands | 0.1 | 0.4 | 1.6 | 0.5 | 71.0% |
| Poland | N/A | N/A | 1.7 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.4 | 3.8 | 6.5 | 3.5 | 13.4% |
Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Sweden in 2022:
- Denmark (466.0 kg)
- Netherlands (78.0 kg)
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