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

Contents:

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

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

The average export price for offal, edible; of swine, (other than livers), frozen stood at $724 per ton in 2022, which is down by -14.8% against the previous year. In general, the export price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices attained the maximum at $1,089 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($2,615 per ton), while the average price for exports to Angola ($308 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+59.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $7,024 per ton, picking up by 8.1% against the previous year. Overall, the import price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 47% against the previous year. Over the period under review, average import prices hit record highs at $24,426 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Spain ($7,534 per ton) and the Netherlands ($7,226 per ton), while the price for China ($5,449 per ton) and Sweden ($5,782 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 1.4K tons of offal, edible; of swine, (other than livers), frozen were exported from Norway; which is down by -12.7% on the previous year's figure. In general, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 3.7% against the previous year.

In value terms, exports of offal, edible; of swine, (other than livers), frozen fell remarkably to $1M in 2022. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 3.3%. As a result, the exports reached the peak of $1.4M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Congo (531.3 tons)
2. Poland (164.6 tons)
3. Cote d'Ivoire (159.1 tons)
4. Angola (131.8 tons)
5. Hong Kong SAR (109.5 tons)
6. Ghana (86.9 tons)
7. Denmark (57.1 tons)
8. Gabon (54.1 tons)
9. Haiti (53.9 tons)

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

For the fourth consecutive year, Norway recorded growth in purchases abroad of offal, edible; of swine, (other than livers), frozen, which increased by 48% to 4 tons in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of offal, edible; of swine, (other than livers), frozen surged to $28K in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 72% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

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

1. Spain (2711.0 kg)
2. Sweden (831.0 kg)
3. China (216.0 kg)
4. Netherlands (186.0 kg)

Source: IndexBox Market Intelligence Platform