Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Thailand - 2024

Contents:

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

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

In 2022, the average import price for offal, edible; of bovine animals, tongues, frozens amounted to $663 per ton, reducing by -6.1% against the previous year. In general, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 68%. As a result, import price reached the peak level of $2,518 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($3,321 per ton), while the price for Uruguay ($489 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+8.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for offal, edible; of bovine animals, tongues, frozens stood at $4,444 per ton in 2021, declining by -57.8% against the previous year. Overall, the export price showed a drastic downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 251%. The export price peaked at $18,273 per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

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

From 2013 to 2021, the rate of growth in terms of prices for Myanmar amounted to -10.7% per year.

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

In 2022, overseas purchases of offal, edible; of bovine animals, tongues, frozens decreased by -28.8% to 279 tons, falling for the second year in a row after two years of growth. Overall, imports showed a pronounced setback. The most prominent rate of growth was recorded in 2020 when imports increased by 83% against the previous year. As a result, imports reached the peak of 588 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of offal, edible; of bovine animals, tongues, frozens contracted dramatically to $185K in 2022. Over the period under review, imports recorded a deep slump. The pace of growth was the most pronounced in 2020 when imports increased by 15%. As a result, imports reached the peak of $402K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina178339194121-12.1%
Australia20.128.045.238.524.2%
Brazil14634.932.69.2-60.2%
UruguayN/AN/AN/A7.80%
Others4.50.24.98.222.1%
Total348402277185-19.0%

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

  1. Argentina (230.6 tons)
  2. Brazil (18.3 tons)
  3. Uruguay (16.0 tons)
  4. Australia (11.6 tons)

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

In 2021, after two years of growth, there was significant decline in overseas shipments of offal, edible; of bovine animals, tongues, frozens, when their volume decreased by -98% to 9 kg. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 44,900% against the previous year. As a result, the exports reached the peak of 450 kg, and then fell dramatically in the following year.

In value terms, exports of offal, edible; of bovine animals, tongues, frozens dropped dramatically to $40 in 2021. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 157,767% against the previous year. As a result, the exports attained the peak of $4.7K, and then dropped remarkably in the following year.

Export of Offal, Edible; of Bovine Animals, Tongues, Frozen in Thailand (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Hong Kong SARN/AN/AN/A0%
MyanmarN/A4.7N/A0%
OthersN/AN/AN/A0%
TotalN/A4.7N/A0%

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

  1. Hong Kong SAR (9.0 kg)

Source: IndexBox Market Intelligence Platform

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