Price for Offal, Edible; of Swine, Livers, Frozen in Canada - 2024

Contents:

1. Price for Offal, Edible; of Swine, Livers, Frozen in Canada (FOB) - 2024
2. Price for Offal, Edible; of Swine, Livers, Frozen in Canada (CIF) - 2022
3. Exports of Offal, Edible; of Swine, Livers, Frozen in Canada
4. Imports of Offal, Edible; of Swine, Livers, Frozen in Canada

Price for Offal, Edible; of Swine, Livers, Frozen in Canada (FOB) - 2024

The average export price for offal, edible; of swine, livers, frozen stood at $1,060 per ton in September 2023, increasing by 25% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The export price peaked at $1,144 per ton in January 2023; afterwards, it flattened through to September 2023.

Average prices varied noticeably for the major overseas markets. In September 2023, the country with the highest price was the Philippines ($1,119 per ton), while the average price for exports to Japan ($911 per ton) was amongst the lowest.

From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+0.1%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Offal, Edible; of Swine, Livers, Frozen in Canada (CIF) - 2022

The average import price for offal, edible; of swine, livers, frozen stood at $823 per ton in 2022, approximately reflecting the previous year. In general, the import price, however, saw a tangible increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 48%. Over the period under review, average import prices attained the maximum at $833 per ton in 2021, and then reduced slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($866 per ton), while the price for the United States ($787 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Offal, Edible; of Swine, Livers, Frozen in Canada

Exports of offal, edible; of swine, livers, frozen from Canada totaled 2.4K tons in 2022, picking up by 8.1% compared with 2021 figures. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.6% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 34%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of offal, edible; of swine, livers, frozen skyrocketed to $3.1M in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 80% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Offal, Edible; of Swine, Livers, Frozen from Canada in 2022:

1. United States (1519.9 tons)
2. Philippines (637.0 tons)
3. South Korea (92.1 tons)
4. China (54.5 tons)
5. Angola (48.0 tons)

Imports of Offal, Edible; of Swine, Livers, Frozen in Canada

In 2022, imports of offal, edible; of swine, livers, frozen into Canada soared to 273 tons, increasing by 120% on the previous year. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 466%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of offal, edible; of swine, livers, frozen skyrocketed to $225K in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 739%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Offal, Edible; of Swine, Livers, Frozen to Canada in 2022:

1. Germany (174.3 tons)
2. United States (76.7 tons)
3. Mexico (22.0 tons)

Source: IndexBox Market Intelligence Platform