Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Latvia - 2023

Contents:

1. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Latvia (CIF) - 2022
2. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Latvia (FOB) - 2022
3. Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Latvia
4. Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Latvia

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Latvia (CIF) - 2022

In 2022, the average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $8,208 per ton, surging by 18% against the previous year. In general, the import price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 25%. Over the period under review, average import prices hit record highs at $8,762 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Estonia ($9,075 per ton), while the price for the Netherlands totaled $7,825 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Latvia (FOB) - 2022

The average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $9,651 per ton in 2022, with an increase of 8.3% against the previous year. In general, the export price, however, saw a deep reduction. The export price peaked at $25,000 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($9,988 per ton), while the average price for exports to Estonia amounted to $9,000 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (-2.0%).

Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Latvia

In 2022, supplies from abroad of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen decreased by -69.3% to 173 kg, falling for the second year in a row after two years of growth. Overall, imports showed a precipitous contraction. The growth pace was the most rapid in 2020 with an increase of 85%. As a result, imports attained the peak of 1.2 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen dropped remarkably to $1.4K in 2022. In general, imports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 110% against the previous year. As a result, imports reached the peak of $7K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to Latvia in 2022:

1. Netherlands (120.0 kg)
2. Estonia (53.0 kg)

Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Latvia

Exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen from Latvia dropped markedly to 126 kg in 2022, which is down by -53.7% on 2021 figures. Overall, exports saw a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 106% against the previous year. As a result, the exports reached the peak of 272 kg, and then dropped notably in the following year.

In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen contracted sharply to $1.2K in 2022. In general, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 76%. As a result, the exports attained the peak of $2.4K, and then fell significantly in the following year.

Top Export Markets for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen from Latvia in 2022:

1. Lithuania (83.0 kg)
2. Estonia (43.0 kg)

Source: IndexBox Market Intelligence Platform