Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Korea - 2022
Contents:
- Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Korea (CIF) - 2022
- Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Korea (FOB) - 2022
- Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Korea
- Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Korea
Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Korea (CIF) - 2022
In 2022, the average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $3,717 per ton, picking up by 9.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 31% against the previous year. As a result, import price attained the peak level of $4,522 per ton. From 2018 to 2022, the average import prices remained 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 New Zealand ($4,244 per ton), while the price for Australia stood at $3,707 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+12.8%), while the prices for the other major suppliers experienced a decline.
Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Korea (FOB) - 2022
In 2022, the average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $1,320 per ton, increasing by 7.1% against the previous year. Overall, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 277%. As a result, the export price reached the peak level of $3,585 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Thailand.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +6.9% per year.
Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Korea
In 2022, after three years of growth, there was significant decline in purchases abroad of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen, when their volume decreased by -24.8% to 331 tons. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 87%. As a result, imports attained the peak of 440 tons, and then fell markedly in the following year.
In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen shrank rapidly to $1.2M in 2022. Overall, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 91% against the previous year. As a result, imports reached the peak of $1.5M, and then contracted markedly in the following year.
| Import of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 254 | 352 | 901 | 1,205 | 68.0% |
| New Zealand | 4.2 | 5.3 | 14.0 | 25.9 | 83.4% |
| Hong Kong SAR | 435 | 407 | 538 | N/A | 11.2% |
| Others | 10.4 | 15.9 | 40.6 | N/A | 97.6% |
| Total | 703 | 780 | 1,493 | 1,231 | 20.5% |
Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to South Korea in 2022:
- Australia (325.1 tons)
- New Zealand (6.1 tons)
Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Korea
Exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen from South Korea was estimated at 2.2 tons in 2022, increasing by 3.9% against the year before. Over the period under review, exports, however, showed a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 4.1% against the previous year.
In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen expanded notably to $2.9K in 2022. Overall, exports, however, showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year.
| Export of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 6.0 | 2.3 | 2.5 | 2.9 | -21.5% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 6.0 | 2.3 | 2.6 | 2.9 | -21.5% |
Top Export Markets for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen from South Korea in 2022:
- Thailand (2.2 tons)
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