Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Australia - 2024
Contents:
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Australia (FOB) - 2024
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Australia (CIF) - 2022
- Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Australia
- Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Australia
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Australia (FOB) - 2024
In January 2024, the average export price for offal, edible; of swine, (other than livers), frozen amounted to $2,102 per ton, rising by 18% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +3.8%. The pace of growth appeared the most rapid in February 2023 an increase of 24% m-o-m. Over the period under review, the average export prices hit record highs in January 2024.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($3,059 per ton), while the average price for exports to Vietnam ($1,224 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+11.0%), 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 Australia (CIF) - 2022
In 2022, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $1,798 per ton, almost unchanged from the previous year. Overall, the import price showed a perceptible contraction. The pace of growth was the most pronounced in 2021 when the average import price decreased by 99.9% against the previous year. Over the period under review, average import prices reached the peak figure at $1,990 per ton in 2020; however, from 2021 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 the UK ($2,737 per ton), while the price for the Netherlands ($1,638 per ton) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.6%), while the prices for the other major suppliers experienced a decline.
Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Australia
In 2022, after three years of growth, there was significant decline in overseas shipments of offal, edible; of swine, (other than livers), frozen, when their volume decreased by -22.6% to 5.3K tons. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year.
In value terms, exports of offal, edible; of swine, (other than livers), frozen shrank significantly to $8.5M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 48% against the previous year.
| Export of Offal, Edible; of Swine, (Other than Livers), Frozen in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 1.5 | 1.4 | 1.9 | 2.5 | 18.6% |
| New Zealand | 0.9 | 1.0 | 1.7 | 1.7 | 23.6% |
| South Korea | 0.7 | 0.3 | 1.2 | 1.5 | 28.9% |
| Singapore | 0.4 | 0.9 | 1.2 | 1.0 | 35.7% |
| Papua New Guinea | 0.3 | 0.3 | 1.6 | 0.6 | 26.0% |
| Vietnam | 0.9 | 3.4 | 2.3 | 0.6 | -12.6% |
| China | 0.5 | 0.2 | 0.5 | 0.1 | -41.5% |
| Hong Kong SAR | 1.1 | 0.8 | 0.4 | 0.1 | -55.0% |
| Others | 0.1 | 1.1 | 0.7 | 0.6 | 81.7% |
| Total | 6.4 | 9.4 | 11.5 | 8.5 | 9.9% |
Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from Australia in 2022:
- Philippines (1853.5 tons)
- New Zealand (903.3 tons)
- South Korea (781.1 tons)
- Vietnam (523.9 tons)
- Singapore (497.8 tons)
- Papua New Guinea (256.8 tons)
- Hong Kong SAR (124.0 tons)
- China (34.3 tons)
Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Australia
Imports of offal, edible; of swine, (other than livers), frozen into Australia was estimated at 50 tons in 2022, standing approx. at the previous year's figure. Overall, imports posted a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, imports of offal, edible; of swine, (other than livers), frozen amounted to $91K in 2022. Over the period under review, imports recorded a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Offal, Edible; of Swine, (Other than Livers), Frozen in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | 0.6 | N/A | 28.3 | 586.8% | |
| United Kingdom | 7.5 | N/A | 18.4 | 56.6% | |
| Canada | 10.5 | N/A | 14.2 | 16.3% | |
| United States | 1.4 | N/A | N/A | 0% | |
| Others | 1.3 | N/A | 29.8 | 378.8% | |
| Total | 21.3 | N/A | 90.6 | 106.2% | |
Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to Australia in 2022:
- Netherlands (17.3 tons)
- Canada (8.5 tons)
- United Kingdom (6.7 tons)
315
This report provides an in-depth analysis of the frozen meat offal market in Australia.
274
This report provides an in-depth analysis of the fresh meat offal market in Australia.
462
Global Frozen Meat Offal Market Report 2018. This report provides an in-depth analysis of the global frozen meat offal market.
496
Global Fresh Meat Offal Market Report 2018. This report provides an in-depth analysis of the global fresh meat offal market.
315
This report provides an in-depth analysis of the frozen meat offal market in Australia.
274
This report provides an in-depth analysis of the fresh meat offal market in Australia.
462
Global Frozen Meat Offal Market Report 2018. This report provides an in-depth analysis of the global frozen meat offal market.
496
Global Fresh Meat Offal Market Report 2018. This report provides an in-depth analysis of the global fresh meat offal market.
Nothing found. Please try again.
