Price for Offal, Edible; of Swine, Livers, Frozen in the United States - 2023

Contents:

1. Price for Offal, Edible; of Swine, Livers, Frozen in the United States (CIF) - 2022
2. Price for Offal, Edible; of Swine, Livers, Frozen in the United States (FOB) - 2023
3. Imports of Offal, Edible; of Swine, Livers, Frozen in the United States
4. Exports of Offal, Edible; of Swine, Livers, Frozen in the United States

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

The average import price for offal, edible; of swine, livers, frozen stood at $870 per ton in 2022, dropping by -4.5% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 19%. Over the period under review, average import prices hit record highs at $964 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($1,256 per ton), while the price for Chile ($641 per ton) was amongst the lowest.

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

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

In September 2023, the average export price for offal, edible; of swine, livers, frozen amounted to $2,133 per ton, surging by 33% against the previous month. In general, export price indicated a resilient increase from December 2022 to September 2023: its price increased at an average monthly rate of +5.6% over the last nine months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, export price for offal, edible; of swine, livers, frozen increased by +96.5% against June 2023 indices. The pace of growth appeared the most rapid in January 2023 an increase of 99% against the previous month. As a result, the export price attained the peak level of $2,588 per ton. From February 2023 to September 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Philippines ($2,350 per ton), while the average price for exports to Mexico stood at $1,543 per ton.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+93.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Offal, Edible; of Swine, Livers, Frozen in the United States

For the fourth consecutive year, the United States recorded growth in purchases abroad of offal, edible; of swine, livers, frozen, which increased by 41% to 4.1K tons in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 726% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of offal, edible; of swine, livers, frozen skyrocketed to $3.6M in 2022. In general, imports saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 841% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Offal, Edible; of Swine, Livers, Frozen to the United States in 2022:

1. Chile (2.6K tons)
2. Canada (1.5K tons)

Exports of Offal, Edible; of Swine, Livers, Frozen in the United States

After three years of growth, shipments abroad of offal, edible; of swine, livers, frozen decreased by -62.2% to 651 tons in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 434% against the previous year. As a result, the exports reached the peak of 1.7K tons, and then contracted notably in the following year.

In value terms, exports of offal, edible; of swine, livers, frozen contracted rapidly to $717K in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 283%. As a result, the exports reached the peak of $1.3M, and then fell significantly in the following year.

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

1. Mexico (213.9 tons)
2. Japan (142.3 tons)
3. Philippines (121.6 tons)
4. Canada (76.7 tons)
5. China (51.0 tons)
6. Guyana (43.5 tons)

Source: IndexBox Market Intelligence Platform