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

Contents:

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

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

In 2022, the average export price for offal, edible; of swine, livers, frozen amounted to $517 per ton, with an increase of 41% against the previous year. Overall, the export price, however, continues to indicate a pronounced slump. The export price peaked at $1,594 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($5,331 per ton), while the average price for exports to Italy ($391 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+35.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for offal, edible; of swine, livers, frozen amounted to $1,303 per ton, with an increase of 94% against the previous year. Overall, the import price posted notable growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 98% against the previous year. As a result, import price reached the peak level of $1,695 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +3.5% per year.

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

In 2022, the amount of offal, edible; of swine, livers, frozen exported from Portugal skyrocketed to 1.2K tons, increasing by 16% against 2021. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 39%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of offal, edible; of swine, livers, frozen surged to $605K in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Offal, Edible; of Swine, Livers, Frozen in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain80.811584.426748.9%
Italy22.163.617012879.6%
Netherlands5.215.638.366.0133.3%
PolandN/AN/A55.661.811.2%
Bulgaria19.223.5N/A38.526.1%
Cabo Verde3.63.78.421.380.9%
Romania8.68.15.717.426.5%
Slovakia6.722.1N/AN/A229.9%
Czech Republic26.2N/AN/AN/A0%
Others21.633.06.85.4-37.0%
Total19428536960546.1%

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

  1. Spain (492.0 tons)
  2. Italy (326.0 tons)
  3. Poland (110.5 tons)
  4. Netherlands (108.4 tons)
  5. Bulgaria (63.4 tons)
  6. Cabo Verde (34.9 tons)
  7. Romania (34.8 tons)

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

For the third consecutive year, Portugal recorded decline in overseas purchases of offal, edible; of swine, livers, frozen, which decreased by -68.6% to 2.7 tons in 2022. In general, imports faced a sharp decrease. The smallest decline of -0.8% was in 2020.

In value terms, imports of offal, edible; of swine, livers, frozen declined remarkably to $3.5K in 2022. Overall, imports showed a significant curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 8.3% against the previous year. As a result, imports attained the peak of $7.8K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Offal, Edible; of Swine, Livers, Frozen in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain7.27.85.73.5-21.4%
OthersN/AN/AN/AN/A0%
Total7.27.85.73.5-21.4%

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

  1. Spain (2.7 tons)

Source: IndexBox Market Intelligence Platform

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