Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Estonia - 2023
Contents:
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Estonia (FOB) - 2023
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Estonia (CIF) - 2023
- Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Estonia
- Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Estonia
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Estonia (FOB) - 2023
In November 2023, the average export price for offal, edible; of swine, (other than livers), frozen amounted to $1,671 per ton, increasing by 2.8% against the previous month. Overall, the export price enjoyed tangible growth. The pace of growth was the most pronounced in May 2023 an increase of 99% month-to-month. As a result, the export price attained the peak level of $2,351 per ton. From June 2023 to November 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 Finland ($3,418 per ton), while the average price for exports to Cote d'Ivoire ($729 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 Haiti (+21.8%), 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 Estonia (CIF) - 2023
In November 2023, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $2,076 per ton, surging by 14% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in April 2023 when the average import price increased by 40% month-to-month. Over the period under review, average import prices hit record highs in November 2023.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Latvia ($3,002 per ton), while the price for Finland ($861 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 Denmark (+9.0%), 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 Estonia
In 2022, approx. 3.1K tons of offal, edible; of swine, (other than livers), frozen were exported from Estonia; increasing by 9.9% against 2021. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 16% against the previous year. As a result, the exports reached the peak of 3.2K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of offal, edible; of swine, (other than livers), frozen totaled $2.1M in 2022. The total export value increased at an average annual rate of +5.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 21%. As a result, the exports reached the peak of $2.2M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Offal, Edible; of Swine, (Other than Livers), Frozen in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 168 | 365 | 280 | 497 | 43.6% |
| Finland | 145 | 202 | 233 | 442 | 45.0% |
| Latvia | 327 | 389 | 377 | 334 | 0.7% |
| Poland | 15.8 | 231 | 208 | 239 | 147.3% |
| Lithuania | 294 | 227 | 261 | 202 | -11.8% |
| Congo | 17.4 | 16.5 | 36.8 | 72.5 | 60.9% |
| Italy | 89.8 | 39.7 | 62.6 | 69.4 | -8.2% |
| Germany | 39.5 | 35.1 | 27.7 | 60.5 | 15.3% |
| Denmark | 90.9 | 116 | N/A | 36.3 | -26.4% |
| Liberia | N/A | N/A | 9.8 | 33.1 | 237.8% |
| Angola | N/A | 12.1 | 33.1 | 33.1 | 65.4% |
| Haiti | 44.8 | 111 | N/A | 23.9 | -18.9% |
| Ghana | 9.9 | 80.2 | 32.7 | 19.7 | 25.8% |
| Others | 598 | 405 | 397 | 85.1 | -47.8% |
| Total | 1,839 | 2,229 | 1,958 | 2,148 | 5.3% |
Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from Estonia in 2022:
- Cote d'Ivoire (1252.7 tons)
- Poland (408.3 tons)
- Latvia (321.5 tons)
- Lithuania (198.9 tons)
- Finland (148.0 tons)
- Denmark (120.5 tons)
- Italy (104.4 tons)
- Congo (104.0 tons)
- Germany (86.0 tons)
- Liberia (78.0 tons)
- Angola (73.4 tons)
- Ghana (52.0 tons)
- Haiti (52.0 tons)
Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Estonia
In 2022, imports of offal, edible; of swine, (other than livers), frozen into Estonia surged to 1.2K tons, jumping by 23% on 2021. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of offal, edible; of swine, (other than livers), frozen skyrocketed to $1.4M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 41% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Offal, Edible; of Swine, (Other than Livers), Frozen in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 112 | 181 | 371 | 542 | 69.1% |
| Finland | 294 | 275 | 218 | 333 | 4.2% |
| Denmark | 62.0 | 78.7 | 67.7 | 119 | 24.3% |
| Poland | 209 | 104 | 185 | 105 | -20.5% |
| Lithuania | 53.4 | 48.7 | 159 | 95.9 | 21.6% |
| Italy | N/A | 29.3 | 53.8 | 77.7 | 62.8% |
| Belgium | 83.8 | 36.8 | 12.0 | 30.5 | -28.6% |
| Netherlands | 57.1 | 24.0 | 2.3 | 10.5 | -43.1% |
| Czech Republic | 14.1 | N/A | N/A | N/A | 0% |
| Others | 98.7 | 77.9 | 135 | 104 | 1.8% |
| Total | 984 | 855 | 1,204 | 1,416 | 12.9% |
Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to Estonia in 2022:
- Germany (456.2 tons)
- Finland (220.3 tons)
- Lithuania (122.5 tons)
- Denmark (120.7 tons)
- Poland (72.4 tons)
- Italy (59.6 tons)
- Belgium (33.3 tons)
- Netherlands (7.7 tons)
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