Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Saudi Arabia - 2022
Contents:
- Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Saudi Arabia (FOB) - 2022
- Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Saudi Arabia (CIF) - 2022
- Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Saudi Arabia
- Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Saudi Arabia
Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Saudi Arabia (FOB) - 2022
In 2021, the average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $624 per ton, with a decrease of -25% against the previous year. Over the period under review, the export price recorded a deep downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 33%. Over the period under review, the average export prices reached the maximum at $2,227 per ton in 2017; however, from 2018 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 Bahrain.
From 2012 to 2021, the rate of growth in terms of prices for Egypt amounted to +202.7% per year.
Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Saudi Arabia (CIF) - 2022
The average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $1,765 per ton in 2021, dropping by -2.9% against the previous year. Overall, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 27% against the previous year. Over the period under review, average import prices hit record highs at $2,241 per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Australia ($1,878 per ton), while the price for New Zealand amounted to $1,547 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (-2.5%).
Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Saudi Arabia
In 2022, the amount of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen exported from Saudi Arabia surged to 140 tons, growing by 140% on 2021. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen surged to $117K in 2022. Overall, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Bahrain | 67.1 | 62.6 | 36.5 | -26.2% | |
| Egypt | N/A | 288 | N/A | 0% | |
| Oman | 47.8 | 33.6 | N/A | -29.7% | |
| Others | N/A | -278.8 | N/A | 0% | |
| Total | 115 | 105 | 36.5 | -43.7% | |
Top Export Markets for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen from Saudi Arabia in 2022:
- Bahrain (58.5 tons)
Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Saudi Arabia
In 2021, approx. 7.4K tons of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen were imported into Saudi Arabia; which is down by -31% on the year before. Over the period under review, imports faced a abrupt slump. The smallest decline of -6.4% was in 2020.
In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen declined significantly to $13M in 2021. Overall, imports continue to indicate a sharp decline. The smallest decline of -5.9% was in 2020.
| Import of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Australia | 11.8 | 12.4 | 9.0 | -12.7% | |
| New Zealand | 8.8 | 6.8 | 3.8 | -34.3% | |
| Others | 0.1 | 0.2 | 0.2 | 41.4% | |
| Total | 20.7 | 19.5 | 13.1 | -20.4% | |
Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to Saudi Arabia in 2022:
- Australia (4.8K tons)
- New Zealand (2.5K tons)
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