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

Price for Offal, Edible; of Swine, Livers, Frozen in Ireland (FOB) - 2023

The average export price for offal, edible; of swine, livers, frozen stood at $1,065 per ton in September 2023, stabilizing at the previous month. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 22% against the previous month. The export price peaked at $1,298 per ton in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Denmark ($1,163 per ton), while the average price for exports to the Philippines ($683 per ton) was amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+39.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for offal, edible; of swine, livers, frozen amounted to $3,960 per ton, growing by 110% against the previous year. In general, the import price enjoyed strong growth. The pace of growth was the most pronounced in 2021 an increase of 131% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +49.2% per year.

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

In 2022, the amount of offal, edible; of swine, livers, frozen exported from Ireland reduced to 5.2K tons, approximately equating the previous year's figure. Overall, exports recorded a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 11%.

In value terms, exports of offal, edible; of swine, livers, frozen totaled $5.5M in 2022. In general, exports saw a perceptible reduction. The pace of growth was the most pronounced in 2021 when exports increased by 4.5% against the previous year.

Export of Offal, Edible; of Swine, Livers, Frozen in Ireland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Philippines	811	463	1,199	1,458	21.6%
South Africa	144	313	456	929	86.2%
Belgium	600	1,102	579	732	6.9%
China	343	1,110	775	644	23.4%
Ghana	N/A	N/A	159	402	152.8%
United Kingdom	1,199	1,602	491	356	-33.3%
Denmark	2,469	47.2	763	297	-50.6%
Senegal	138	N/A	25.0	288	27.8%
Netherlands	119	400	834	78.5	-12.9%
Czech Republic	155	34.4	N/A	18.3	-50.9%
Others	166	76.6	98.5	301	21.9%
Total	6,145	5,147	5,380	5,504	-3.6%

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

Belgium (1292.9 tons)
Philippines (1189.2 tons)
South Africa (711.6 tons)
United Kingdom (439.1 tons)
China (433.6 tons)
Ghana (301.3 tons)
Denmark (227.7 tons)
Senegal (200.7 tons)
Netherlands (104.0 tons)
Czech Republic (19.2 tons)

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of offal, edible; of swine, livers, frozen, when their volume increased by 145% to 14 tons. Over the period under review, imports, however, recorded a dramatic contraction.

In value terms, imports of offal, edible; of swine, livers, frozen soared to $57K in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.