Price for Offal, Edible; of Swine, Fresh or Chilled in Italy - 2023
Contents:
- Price for Offal, Edible; of Swine, Fresh or Chilled in Italy (CIF) - 2023
- Price for Offal, Edible; of Swine, Fresh or Chilled in Italy (FOB) - 2023
- Imports of Offal, Edible; of Swine, Fresh or Chilled in Italy
- Exports of Offal, Edible; of Swine, Fresh or Chilled in Italy
Price for Offal, Edible; of Swine, Fresh or Chilled in Italy (CIF) - 2023
In October 2023, the average import price for offal, edible; of swine, fresh or chilled amounted to $577 per ton, reducing by -27.2% against the previous month. In general, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in March 2023 an increase of 149% against the previous month. The import price peaked at $2,201 per ton in April 2023; however, from May 2023 to October 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +6.1% per month.
Price for Offal, Edible; of Swine, Fresh or Chilled in Italy (FOB) - 2023
In September 2023, the average export price for offal, edible; of swine, fresh or chilled amounted to $1,226 per ton, standing approximately at the previous month. In general, the export price, however, enjoyed moderate growth. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 99% month-to-month. Over the period under review, the average export prices hit record highs at $1,938 per ton in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was France ($4,540 per ton), while the average price for exports to the Netherlands ($707 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+33.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Offal, Edible; of Swine, Fresh or Chilled in Italy
In 2022, imports of offal, edible; of swine, fresh or chilled into Italy skyrocketed to 37K tons, increasing by 184% compared with the previous year. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of offal, edible; of swine, fresh or chilled surged to $9M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Offal, Edible; of Swine, Fresh or Chilled in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 633 | 718 | 1,720 | 4,638 | 94.2% |
| Germany | 999 | 919 | 1,140 | 2,580 | 37.2% |
| Austria | 65.4 | 17.2 | 15.3 | 433 | 87.8% |
| Spain | 474 | 219 | 354 | 285 | -15.6% |
| Others | 382 | 342 | 465 | 1,036 | 39.5% |
| Total | 2,553 | 2,215 | 3,694 | 8,971 | 52.0% |
Top Suppliers of Offal, Edible; of Swine, Fresh or Chilled to Italy in 2022:
- Hungary (33.2K tons)
- Germany (2.5K tons)
- Austria (0.6K tons)
- Spain (0.4K tons)
Exports of Offal, Edible; of Swine, Fresh or Chilled in Italy
In 2022, approx. 2.1K tons of offal, edible; of swine, fresh or chilled were exported from Italy; which is down by -48.2% compared with 2021 figures. In general, exports saw a dramatic decrease. The smallest decline of -9% was in 2021.
In value terms, exports of offal, edible; of swine, fresh or chilled shrank remarkably to $1.9M in 2022. Over the period under review, exports saw a dramatic descent. The pace of growth appeared the most rapid in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $7.2M, and then reduced markedly in the following year.
| Export of Offal, Edible; of Swine, Fresh or Chilled in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 2,812 | 2,752 | 2,559 | 556 | -41.7% |
| Netherlands | 292 | 262 | N/A | 540 | 22.7% |
| Austria | 85.2 | 60.4 | 47.9 | 246 | 42.4% |
| Czech Republic | 14.3 | 44.5 | 6.0 | 160 | 123.7% |
| Hungary | 1,299 | 1,056 | 385 | 90.0 | -58.9% |
| France | 3.1 | 17.4 | 107 | 48.7 | 150.5% |
| Bulgaria | 1.6 | N/A | 9.2 | 40.9 | 194.6% |
| Germany | 266 | 228 | 133 | 14.8 | -61.8% |
| Hong Kong SAR | 132 | 582 | 162 | N/A | 10.8% |
| Vietnam | N/A | N/A | 229 | N/A | 0% |
| Others | 295 | 631 | 3,560 | 221 | -9.2% |
| Total | 5,199 | 5,634 | 7,197 | 1,918 | -28.3% |
Top Export Markets for Offal, Edible; of Swine, Fresh or Chilled from Italy in 2022:
- Netherlands (986.0 tons)
- Spain (531.3 tons)
- Austria (168.9 tons)
- Czech Republic (158.3 tons)
- France (64.8 tons)
- Bulgaria (41.2 tons)
- Hungary (35.1 tons)
- Germany (15.2 tons)
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