Price for Offal, Edible; of Swine, Livers, Frozen in China - 2023

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

In 2022, the average import price for offal, edible; of swine, livers, frozen amounted to $660 per ton, falling by -28.3% against the previous year. Over the period under review, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2019 an increase of 45% against the previous year. Over the period under review, average import prices reached the maximum at $920 per ton in 2021, and then dropped remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($1,025 per ton), while the price for Chile ($645 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Offal, Edible; of Swine, Livers, Frozen in China (FOB) - 2022

The average export price for offal, edible; of swine, livers, frozen stood at $750 per ton in 2022, standing approx. at the previous year. In general, the export price saw a precipitous setback. Over the period under review, the average export prices reached the maximum at $4,506 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2018 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +3.2% per year.

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

In 2022, purchases abroad of offal, edible; of swine, livers, frozen decreased by -96.8% to 472 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 337%. As a result, imports reached the peak of 23K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of offal, edible; of swine, livers, frozen reduced dramatically to $312K in 2022. In general, imports continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 478%. As a result, imports attained the peak of $20M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Offal, Edible; of Swine, Livers, Frozen in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Chile	0.8	2.9	1.8	0.3	-27.9%
Spain	0.9	10.9	7.8	N/A	194.4%
France	N/A	0.6	1.1	N/A	83.3%
Denmark	1.0	1.5	0.6	N/A	-22.5%
Netherlands	0.7	2.4	1.4	N/A	41.4%
Canada	N/A	0.6	0.4	N/A	-33.3%
Others	0.1	1.3	0.6	N/A	144.9%
Total	3.5	20.2	13.7	0.3	-55.9%

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

Chile (451.3 tons)
France (20.4 tons)
Canada (0.4 tons)

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

After two years of decline, overseas shipments of offal, edible; of swine, livers, frozen decreased by -50% to 28 tons in 2022. In general, exports, however, enjoyed a significant increase.

In value terms, exports of offal, edible; of swine, livers, frozen reduced dramatically to $21K in 2022. Over the period under review, exports, however, showed measured growth.