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

Contents:

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

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

In 2022, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $2,073 per ton, with an increase of 55% against the previous year. In general, the import price, however, recorded a slight shrinkage. The import price peaked at $2,565 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($2,789 per ton), while the price for Spain ($1,796 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+9.1%), 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 Malaysia (FOB) - 2022

The average export price for offal, edible; of swine, (other than livers), frozen stood at $2,705 per ton in 2022, jumping by 114% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Brunei Darussalam amounted to +2.3% per year.

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

In 2022, imports of offal, edible; of swine, (other than livers), frozen into Malaysia shrank significantly to 353 tons, which is down by -85.4% on 2021. Over the period under review, imports saw a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year.

In value terms, imports of offal, edible; of swine, (other than livers), frozen declined dramatically to $732K in 2022. Overall, imports saw a precipitous setback. The smallest decline of -7.5% was in 2021.

Import of Offal, Edible; of Swine, (Other than Livers), Frozen in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain42465.1152282-12.7%
Australia6.711.317.3203211.8%
Belgium24.513.911.910361.4%
Denmark27986.082.975.3-35.4%
United States22727617369.3-32.7%
New Zealand343317378N/A5.0%
Thailand15.29.47.5N/A-29.8%
Hong Kong SAR49053.3N/AN/A-89.1%
Germany26263.246.8N/A-57.7%
Netherlands70.2720457N/A155.1%
United Kingdom93.082.8110N/A8.8%
France12471.180.3N/A-19.5%
Canada82.458.364.7N/A-11.4%
Others4,1391,6801,662N/A-36.6%
Total6,5793,5073,244732-51.9%

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

  1. Spain (157.0 tons)
  2. Australia (105.8 tons)
  3. Belgium (38.5 tons)
  4. Denmark (27.0 tons)
  5. United States (25.0 tons)

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

After three years of growth, overseas shipments of offal, edible; of swine, (other than livers), frozen decreased by -56.7% to 25 tons in 2022. Overall, exports faced a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by 31%.

In value terms, exports of offal, edible; of swine, (other than livers), frozen shrank to $68K in 2022. In general, exports saw a noticeable decrease. The smallest decline of -1.2% was in 2020.

Export of Offal, Edible; of Swine, (Other than Livers), Frozen in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A67.70%
Hong Kong SAR31.756.953.7N/A30.2%
Brunei Darussalam9.016.716.3N/A34.6%
Singapore0.80.22.9N/A90.4%
Others33.4N/AN/AN/A0%
Total74.873.972.967.7-3.3%

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

  1. China (25.0 tons)

Source: IndexBox Market Intelligence Platform

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