Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Vietnam - 2022
Contents:
- Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Vietnam (CIF) - 2022
- Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Vietnam (FOB) - 2022
- Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Vietnam
- Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Vietnam
Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Vietnam (CIF) - 2022
In 2022, the average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $2,516 per ton, rising by 9.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2021 an increase of 26%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($2,516 per ton), while the price for India amounted to $2,516 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+13.6%), 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 Vietnam (FOB) - 2022
In 2022, the average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $2,490 per ton, rising by 1.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2015 an increase of 21%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($2,921 per ton), while the average price for exports to China stood at $2,094 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+11.5%), 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 Vietnam
In 2022, after three years of growth, there was significant decline in supplies from abroad of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen, when their volume decreased by -96% to 49 tons. Overall, imports recorded a precipitous setback. The pace of growth appeared the most rapid in 2020 with an increase of 47%.
In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen dropped rapidly to $124K in 2022. In general, imports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports attained the peak of $2.8M, and then declined sharply in the following year.
| Import of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 236 | 223 | 219 | 91.7 | -27.0% |
| Russia | 3.5 | 7.3 | 15.8 | 32.3 | 109.8% |
| Hong Kong SAR | 572 | 814 | 1,034 | N/A | 34.5% |
| Kenya | 24.9 | 50.4 | 97.0 | N/A | 97.4% |
| United Kingdom | 66.4 | 66.1 | 135 | N/A | 42.6% |
| Mongolia | 12.8 | 116 | 27.6 | N/A | 46.8% |
| Mexico | 84.5 | 167 | 344 | N/A | 101.8% |
| Uruguay | 91.9 | 95.4 | 144 | N/A | 25.2% |
| Brazil | 17.8 | 35.2 | 57.4 | N/A | 79.6% |
| Others | 321 | 397 | 732 | N/A | 51.0% |
| Total | 1,432 | 1,972 | 2,805 | 124 | -55.8% |
Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to Vietnam in 2022:
- India (36.5 tons)
- Russia (12.8 tons)
Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Vietnam
For the fourth year in a row, Vietnam recorded growth in shipments abroad of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen, which increased by 63% to 52 tons in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 169%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen surged to $129K in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 194% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 6.2 | 7.3 | 37.4 | 72.7 | 127.2% |
| China | 3.0 | 19.3 | 40.4 | 56.8 | 166.5% |
| Lao People's Democratic Republic | 6.5 | N/A | 0.2 | N/A | -82.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.7 | 26.6 | 78.0 | 129 | 101.8% |
Top Export Markets for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen from Vietnam in 2022:
- China (27.1 tons)
- Hong Kong SAR (24.9 tons)
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