Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Denmark - 2023
Contents:
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Denmark (FOB) - 2023
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Denmark (CIF) - 2023
- Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Denmark
- Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Denmark
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Denmark (FOB) - 2023
The average export price for offal, edible; of swine, (other than livers), frozen stood at $2,399 per ton in November 2023, shrinking by -6.6% against the previous month. Overall, the export price recorded a mild downturn. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 13% m-o-m. Over the period under review, the average export prices reached the maximum at $2,931 per ton in April 2023; however, from May 2023 to November 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In November 2023, the country with the highest price was the United States ($3,264 per ton), while the average price for exports to the Philippines ($2,270 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.7%), while the prices for the other major destinations experienced a decline.
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Denmark (CIF) - 2023
The average import price for offal, edible; of swine, (other than livers), frozen stood at $1,486 per ton in November 2023, rising by 7.5% against the previous month. In general, the import price, however, continues to indicate a slight reduction. The pace of growth was the most pronounced in July 2023 when the average import price increased by 29% month-to-month. As a result, import price attained the peak level of $2,177 per ton. From August 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($2,022 per ton), while the price for the Netherlands ($1,307 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Denmark
After three years of growth, shipments abroad of offal, edible; of swine, (other than livers), frozen decreased by -6.3% to 122K tons in 2022. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 9.7%. As a result, the exports attained the peak of 130K tons, and then fell in the following year.
In value terms, exports of offal, edible; of swine, (other than livers), frozen reduced slightly to $296M in 2022. The total export value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports reached the peak of $297M, leveling off in the following year.
| Export of Offal, Edible; of Swine, (Other than Livers), Frozen in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 210 | 211 | 254 | 240 | 4.6% |
| Philippines | 6.7 | 5.9 | 15.3 | 24.7 | 54.5% |
| United States | 4.0 | 5.2 | 7.1 | 9.3 | 32.5% |
| Malaysia | 0.2 | 0.1 | 0.4 | 2.3 | 125.7% |
| Others | 17.9 | 26.1 | 19.8 | 18.9 | 1.8% |
| Total | 239 | 248 | 297 | 296 | 7.4% |
Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from Denmark in 2022:
- China (93.2K tons)
- Philippines (12.1K tons)
- United States (4.0K tons)
- Malaysia (2.1K tons)
Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Denmark
Imports of offal, edible; of swine, (other than livers), frozen into Denmark surged to 13K tons in 2022, picking up by 16% on the year before. In general, imports, however, faced a dramatic setback.
In value terms, imports of offal, edible; of swine, (other than livers), frozen soared to $21M in 2022. Over the period under review, imports, however, recorded a abrupt contraction.
| Import of Offal, Edible; of Swine, (Other than Livers), Frozen in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.4 | 3.8 | 7.5 | 12.1 | 23.7% |
| France | 0.9 | 2.1 | 3.1 | 3.1 | 51.0% |
| Germany | 14.0 | 17.5 | 3.2 | 1.5 | -52.5% |
| Netherlands | 4.4 | 7.0 | 0.7 | 0.9 | -41.1% |
| Belgium | N/A | 0.1 | 0.9 | 0.7 | 164.6% |
| Czech Republic | N/A | N/A | N/A | 0.4 | 0% |
| Poland | 0.2 | 0.4 | 0.2 | 0.4 | 26.0% |
| Finland | 0.6 | 0.9 | N/A | 0.3 | -20.6% |
| Austria | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Sweden | 0.7 | 0.7 | N/A | 0.1 | -47.7% |
| Others | 1.1 | 1.4 | 0.7 | 1.3 | 5.7% |
| Total | 28.3 | 33.8 | 16.5 | 21.1 | -9.3% |
Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to Denmark in 2022:
- Spain (6.9K tons)
- France (1.8K tons)
- Germany (1.1K tons)
- Netherlands (0.8K tons)
- Finland (0.5K tons)
- Belgium (0.5K tons)
- Poland (0.4K tons)
- Czech Republic (0.2K tons)
- Austria (0.2K tons)
- Sweden (0.2K tons)
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