Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Portugal - 2023
Contents:
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Portugal (FOB) - 2023
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Portugal (CIF) - 2023
- Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Portugal
- Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Portugal
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Portugal (FOB) - 2023
The average export price for offal, edible; of swine, (other than livers), frozen stood at $1,231 per ton in November 2023, growing by 15% against the previous month. Overall, the export price showed a relatively flat trend pattern. The export price peaked at $1,576 per ton in May 2023; however, from June 2023 to November 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($3,533 per ton), while the average price for exports to France ($382 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 Bulgaria (+115.7%), 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 Portugal (CIF) - 2023
In November 2023, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $1,813 per ton, falling by -5.2% against the previous month. In general, the import price recorded a slight decrease. The most prominent rate of growth was recorded in May 2023 an increase of 61% m-o-m. As a result, import price attained the peak level of $3,289 per ton. From June 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 Spain ($2,098 per ton), while the price for the Netherlands ($796 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 Belgium (+4.1%), 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 Portugal
In 2022, exports of offal, edible; of swine, (other than livers), frozen from Portugal expanded modestly to 7.8K tons, picking up by 4.2% against 2021 figures. The total export volume increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 32%. As a result, the exports attained the peak of 9.4K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of offal, edible; of swine, (other than livers), frozen surged to $9.2M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Offal, Edible; of Swine, (Other than Livers), Frozen in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 659 | 2,100 | 2,374 | 4,475 | 89.4% |
| Spain | 2,145 | 2,847 | 2,432 | 2,427 | 4.2% |
| Italy | 199 | 453 | 234 | 471 | 33.3% |
| Denmark | 28.1 | 238 | 335 | 308 | 122.1% |
| France | 114 | 418 | 175 | 239 | 28.0% |
| Japan | 9.3 | N/A | N/A | 162 | 159.2% |
| Cote d'Ivoire | N/A | 131 | N/A | 65.3 | -29.4% |
| Hong Kong SAR | 1,180 | 1,712 | 294 | 63.4 | -62.3% |
| Others | 858 | 652 | 1,408 | 1,012 | 5.7% |
| Total | 5,193 | 8,550 | 7,253 | 9,222 | 21.1% |
Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from Portugal in 2022:
- Spain (3031.1 tons)
- China (2061.9 tons)
- Italy (626.5 tons)
- Denmark (519.6 tons)
- France (369.1 tons)
- Cote d'Ivoire (179.9 tons)
- Japan (152.8 tons)
- Hong Kong SAR (56.8 tons)
Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Portugal
In 2022, purchases abroad of offal, edible; of swine, (other than livers), frozen was finally on the rise to reach 1.1K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a significant contraction.
In value terms, imports of offal, edible; of swine, (other than livers), frozen soared to $2.6M in 2022. Over the period under review, imports, however, continue to indicate a sharp decline.
| Import of Offal, Edible; of Swine, (Other than Livers), Frozen in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 4,542 | 1,829 | 1,326 | 1,266 | -34.7% |
| Germany | 761 | 520 | 535 | 1,035 | 10.8% |
| Belgium | 9.5 | N/A | 91.5 | 127 | 137.3% |
| Denmark | N/A | N/A | N/A | 57.9 | 0% |
| France | 151 | 54.7 | 161 | 44.6 | -33.4% |
| Others | N/A | N/A | 42.5 | 46.6 | 9.6% |
| Total | 5,464 | 2,404 | 2,156 | 2,577 | -22.2% |
Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to Portugal in 2022:
- Spain (693.1 tons)
- Germany (178.4 tons)
- Belgium (97.9 tons)
- Denmark (41.3 tons)
- France (33.9 tons)
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