Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Japan - 2023
Contents:
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Japan (CIF) - 2023
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Japan (FOB) - 2022
- Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Japan
- Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Japan
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Japan (CIF) - 2023
In November 2023, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $3,319 per ton, falling by -3.7% against the previous month. Over the period under review, the import price continues to indicate a mild reduction. The pace of growth was the most pronounced in March 2023 when the average import price increased by 19% m-o-m. As a result, import price reached the peak level of $4,055 per ton. From April 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was France ($3,810 per ton), while the price for Brazil ($2,460 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 France (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Japan (FOB) - 2022
The average export price for offal, edible; of swine, (other than livers), frozen stood at $1,188 per ton in 2022, declining by -9.5% against the previous year. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 7.7% against the previous year. The export price peaked at $2,058 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for Cambodia amounted to +0.4% per year.
Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Japan
In 2022, imports of offal, edible; of swine, (other than livers), frozen into Japan soared to 26K tons, rising by 21% on the year before. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached 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 surged to $93M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Offal, Edible; of Swine, (Other than Livers), Frozen in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 41.6 | 42.9 | 55.2 | 64.9 | 16.0% |
| Canada | 9.5 | 9.6 | 12.9 | 14.3 | 14.6% |
| Spain | 3.0 | 2.6 | 2.0 | 3.8 | 8.2% |
| Netherlands | 2.4 | 1.1 | 0.6 | 3.1 | 8.9% |
| France | 0.4 | 0.6 | 1.1 | 1.8 | 65.1% |
| Mexico | 0.8 | 0.8 | 0.7 | 1.5 | 23.3% |
| Brazil | 0.3 | 0.3 | 0.6 | 1.2 | 58.7% |
| Others | 0.7 | 0.9 | 1.0 | 2.7 | 56.8% |
| Total | 58.8 | 58.8 | 74.1 | 93.4 | 16.7% |
Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to Japan in 2022:
- United States (15.9K tons)
- Canada (5.3K tons)
- Spain (1.1K tons)
- Netherlands (1.0K tons)
- Brazil (0.6K tons)
- France (0.6K tons)
- Mexico (0.4K tons)
Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Japan
In 2022, shipments abroad of offal, edible; of swine, (other than livers), frozen decreased by -55.3% to 235 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a sharp curtailment. The pace of growth was the most pronounced in 2020 with an increase of 0.3%. As a result, the exports attained the peak of 1.1K 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 declined sharply to $279K in 2022. In general, exports saw a significant decline. The smallest decline of -18.6% was in 2020.
| Export of Offal, Edible; of Swine, (Other than Livers), Frozen in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 469 | 993 | 463 | 279 | -15.9% |
| Macao SAR | 895 | N/A | N/A | N/A | 0% |
| Vietnam | 90.2 | N/A | N/A | N/A | 0% |
| Cambodia | 304 | 440 | 225 | N/A | -14.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,759 | 1,433 | 689 | 279 | -45.9% |
Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from Japan in 2022:
- Hong Kong SAR (234.7 tons)
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