Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Argentina - 2023

Contents:

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

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

The average export price for offal, edible; of swine, (other than livers), frozen stood at $338 per ton in 2022, with a decrease of -29.1% against the previous year. Over the period under review, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices hit record highs at $1,231 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($519 per ton), while the average price for exports to Congo ($265 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 Vietnam (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $1,190 per ton, surging by 30% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 128%. The import price peaked at $2,432 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($2,300 per ton), while the price for Brazil stood at $980 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Argentina

In 2022, overseas shipments of offal, edible; of swine, (other than livers), frozen decreased by -10.1% to 3.1K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 21% against the previous year. As a result, the exports attained the peak of 6.8K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of offal, edible; of swine, (other than livers), frozen fell remarkably to $1M in 2022. Overall, exports continue to indicate a dramatic setback. The smallest decline of -2.6% was in 2020.

Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from Argentina in 2022:

1. Angola (1369.1 tons)
2. Cote d'Ivoire (1256.6 tons)
3. Congo (203.5 tons)
4. Liberia (160.4 tons)
5. Hong Kong SAR (93.3 tons)

Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Argentina

In 2022, purchases abroad of offal, edible; of swine, (other than livers), frozen decreased by -81.6% to 44 tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports showed a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 87%. As a result, imports attained the peak of 240 tons, and then contracted markedly in the following year.

In value terms, imports of offal, edible; of swine, (other than livers), frozen shrank remarkably to $52K in 2022. In general, imports showed a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 96% against the previous year. As a result, imports reached the peak of $220K, and then reduced remarkably in the following year.

Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to Argentina in 2022:

1. Brazil (37.1 tons)
2. Chile (7.0 tons)

Source: IndexBox Market Intelligence Platform