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

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

The average export price for offal, edible; of swine, livers, frozen stood at $738 per ton in September 2023, shrinking by -3% against the previous month. In general, the export price saw a perceptible curtailment. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 5.5% m-o-m. As a result, the export price reached the peak level of $1,207 per ton. From March 2023 to September 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was France ($923 per ton), while the average price for exports to Poland ($416 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 (-2.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for offal, edible; of swine, livers, frozen amounted to $644 per ton, growing by 14% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 224% against the previous year. As a result, import price reached the peak level of $1,109 per ton. From 2021 to 2022, the average import prices remained at a lower figure.

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 the Netherlands ($1,018 per ton), while the price for Portugal ($537 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 34K tons of offal, edible; of swine, livers, frozen were exported from Spain; increasing by 3.6% on the previous year. The total export volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 15%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of offal, edible; of swine, livers, frozen surged to $33M in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 45% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Offal, Edible; of Swine, Livers, Frozen in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	1.1	2.7	8.3	11.6	119.3%
Philippines	4.3	2.9	7.8	10.9	36.3%
Thailand	0.2	0.1	0.1	2.4	128.9%
Italy	0.2	0.3	1.1	1.7	104.1%
Czech Republic	0.4	0.6	0.9	1.5	55.4%
Romania	0.3	0.1	0.2	0.8	38.7%
Poland	3.2	2.5	0.2	0.8	-37.0%
China	3.2	10.8	3.9	0.2	-60.3%
Others	2.2	1.6	1.7	2.8	8.4%
Total	14.9	21.6	24.2	32.6	29.8%

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

France (12.4K tons)
Philippines (10.9K tons)
Thailand (2.3K tons)
Italy (2.0K tons)
Czech Republic (1.8K tons)
Poland (0.9K tons)
Romania (0.8K tons)
China (0.1K tons)

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

In 2022, approx. 216 tons of offal, edible; of swine, livers, frozen were imported into Spain; declining by -4.1% on 2021 figures. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 770% against the previous year. As a result, imports reached the peak of 225 tons, and then dropped in the following year.

In value terms, imports of offal, edible; of swine, livers, frozen rose rapidly to $139K in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 343% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Offal, Edible; of Swine, Livers, Frozen in Spain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Portugal	1.9	4.5	73.7	93.0	265.8%
France	9.2	0.7	48.5	21.8	33.3%
Italy	7.0	6.8	N/A	17.2	34.9%
Others	N/A	16.6	4.7	7.0	-35.1%
Total	18.1	28.7	127	139	97.3%