Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Africa - 2024
Contents:
- Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Africa (CIF) - 2024
- Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Africa (FOB) - 2022
- Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Africa
- Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Africa
Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Africa (CIF) - 2024
In January 2024, the average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $1,002 per ton, with a decrease of -12% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2023 when the average import price increased by 40% against the previous month. As a result, import price attained the peak level of $1,669 per ton. From December 2023 to January 2024, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was Australia ($1,046 per ton), while the price for New Zealand stood at $903 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Brazil (+11.1%), 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 South Africa (FOB) - 2022
The average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $1,834 per ton in 2022, which is down by -17.3% against the previous year. In general, the export price saw a noticeable descent. The most prominent rate of growth was recorded in 2020 an increase of 47% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,514 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($3,344 per ton), while the average price for exports to Lesotho ($662 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Africa
In 2022, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen into South Africa plummeted to 2.3K tons, reducing by -38.7% compared with the year before. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 2.2% against the previous year.
In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen contracted rapidly to $2.5M in 2022. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. As a result, imports attained the peak of $5.1M, and then fell rapidly in the following year.
| Import of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 1,601 | 1,497 | 3,678 | 1,810 | 4.2% |
| New Zealand | 849 | 669 | 884 | 253 | -33.2% |
| Netherlands | 93.2 | 107 | 59.2 | 105 | 4.1% |
| United Kingdom | 19.1 | 22.3 | 161 | 86.4 | 65.4% |
| Spain | 104 | 359 | 179 | 85.7 | -6.2% |
| Belgium | N/A | N/A | N/A | 56.4 | 0% |
| Namibia | 326 | 16.7 | 69.0 | 27.0 | -56.4% |
| Others | 204 | 488 | 113 | 61.7 | -32.9% |
| Total | 3,196 | 3,159 | 5,143 | 2,485 | -8.0% |
Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to South Africa in 2022:
- Australia (1524.2 tons)
- New Zealand (193.0 tons)
- Netherlands (160.1 tons)
- Spain (118.3 tons)
- United Kingdom (98.4 tons)
- Belgium (98.4 tons)
- Namibia (12.0 tons)
Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Africa
Exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen from South Africa surged to 849 tons in 2022, picking up by 80% against 2021 figures. Overall, exports recorded a significant increase. 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 $1.6M in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 95%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 71.9 | 533 | 681 | 646 | 107.9% |
| Vietnam | 52.4 | 82.3 | 39.6 | 367 | 91.3% |
| Namibia | 28.9 | 51.2 | 228 | 293 | 116.4% |
| Botswana | 23.6 | N/A | N/A | 93.4 | 58.2% |
| Mozambique | 145 | 24.0 | 10.2 | 44.3 | -32.6% |
| Swaziland | 4.3 | 5.1 | 10.5 | 30.1 | 91.3% |
| Lesotho | 105 | 127 | 58.0 | 5.1 | -63.5% |
| Others | 122 | 259 | 19.4 | 78.6 | -13.6% |
| Total | 554 | 1,081 | 1,047 | 1,558 | 41.2% |
Top Export Markets for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen from South Africa in 2022:
- Vietnam (353.1 tons)
- Namibia (208.7 tons)
- Hong Kong SAR (193.1 tons)
- Botswana (38.4 tons)
- Mozambique (17.6 tons)
- Swaziland (14.0 tons)
- Lesotho (7.7 tons)
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