Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Brazil - 2024

Contents:

  1. Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Brazil (FOB) - 2024
  2. Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Brazil (CIF) - 2022
  3. Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Brazil
  4. Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Brazil

Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Brazil (FOB) - 2024

In February 2024, the average export price for offal, edible; of swine, (other than livers), frozen amounted to $1,275 per ton, surging by 14% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 an increase of 21% month-to-month. The export price peaked at $1,627 per ton in July 2023; however, from August 2023 to February 2024, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was China ($2,464 per ton), while the average price for exports to Haiti ($533 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+0.0%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $785 per ton, rising by 22% against the previous year. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $897 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +0.8% per year.

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

In 2022, overseas shipments of offal, edible; of swine, (other than livers), frozen decreased by -16.7% to 68K tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a mild decrease. The pace of growth was the most pronounced in 2020 when exports increased by 25% against the previous year. As a result, the exports reached the peak of 89K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of offal, edible; of swine, (other than livers), frozen dropped to $108M in 2022. The total export value increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 28%.

Export of Offal, Edible; of Swine, (Other than Livers), Frozen in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.226.847.064.1584.3%
Hong Kong SAR62.958.341.911.5-43.2%
Angola6.14.56.011.322.8%
Liberia1.31.02.53.944.2%
Philippines0.50.80.92.979.7%
Democratic Republic of the Congo1.91.60.91.8-1.8%
Vietnam1.11.31.01.715.6%
Haiti1.11.11.81.510.9%
Thailand0.21.01.21.386.6%
Cote d'Ivoire0.81.20.90.80.0%
Others4.15.36.37.522.3%
Total80.210311010810.4%

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

  1. China (22.2K tons)
  2. Angola (13.6K tons)
  3. Hong Kong SAR (8.4K tons)
  4. Liberia (5.3K tons)
  5. Philippines (2.9K tons)
  6. Democratic Republic of the Congo (2.4K tons)
  7. Haiti (2.3K tons)
  8. Vietnam (1.5K tons)
  9. Thailand (1.5K tons)
  10. Cote d'Ivoire (1.4K tons)

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

For the third year in a row, Brazil recorded growth in supplies from abroad of offal, edible; of swine, (other than livers), frozen, which increased by 494% to 3.3K tons in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 5,209%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of offal, edible; of swine, (other than livers), frozen surged to $2.6M in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 4,174% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Offal, Edible; of Swine, (Other than Livers), Frozen in Brazil (Million USD)
COUNTRY202020212022CAGR,
2020-2022
ChileN/A0.42.6550.0%
OthersN/AN/AN/A0%
TotalN/A0.42.6550.0%

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

  1. Chile (3.3K tons)

Source: IndexBox Market Intelligence Platform

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