Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Romania - 2023

Contents:

  1. Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Romania (CIF) - 2023
  2. Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Romania (FOB) - 2022
  3. Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Romania
  4. Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Romania

Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Romania (CIF) - 2023

The average import price for offal, edible; of swine, (other than livers), frozen stood at $1,467 per ton in October 2023, with an increase of 2.3% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 22% against the previous month. The import price peaked at $1,749 per ton in June 2023; however, from July 2023 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Cyprus ($2,779 per ton), while the price for Greece ($296 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Cyprus (+10.8%), 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 Romania (FOB) - 2022

In 2022, the average export price for offal, edible; of swine, (other than livers), frozen amounted to $720 per ton, surging by 13% against the previous year. Overall, the export price, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 53%. The export price peaked at $1,293 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($2,992 per ton), while the average price for exports to Cote d'Ivoire ($243 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 Ghana (+62.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 10K tons of offal, edible; of swine, (other than livers), frozen were imported into Romania; increasing by 7.9% on the previous year. The total import volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 9.2% against the previous year. As a result, imports reached the peak of 11K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of offal, edible; of swine, (other than livers), frozen surged to $11M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period.

Import of Offal, Edible; of Swine, (Other than Livers), Frozen in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.23.53.85.132.3%
Hungary2.01.91.71.9-1.7%
Poland2.11.91.71.8-5.0%
Italy0.30.30.50.838.7%
Netherlands0.30.20.30.410.1%
Estonia0.10.30.30.458.7%
Spain0.50.60.40.4-7.2%
Austria0.30.30.30.2-12.6%
Cyprus1.51.50.40.1-59.5%
Others0.70.80.20.4-17.0%
Total9.911.49.611.44.8%

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

  1. Germany (4.4K tons)
  2. Poland (1.7K tons)
  3. Hungary (1.7K tons)
  4. Italy (0.8K tons)
  5. Spain (0.4K tons)
  6. Netherlands (0.3K tons)
  7. Estonia (0.3K tons)
  8. Austria (0.3K tons)
  9. Cyprus (0.1K tons)

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

In 2022, shipments abroad of offal, edible; of swine, (other than livers), frozen decreased by -53.2% to 635 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 257%.

In value terms, exports of offal, edible; of swine, (other than livers), frozen contracted significantly to $457K in 2022. In general, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 113%.

Export of Offal, Edible; of Swine, (Other than Livers), Frozen in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CongoN/A13.792.8116191.0%
Poland16.6N/AN/A65.457.9%
LiberiaN/A86.711260.5-16.5%
AngolaN/AN/A16.255.0239.5%
Greece48.79.30.138.9-7.2%
United Kingdom71.162.334.337.8-19.0%
Cote d'IvoireN/A6.255.226.6107.1%
Italy39.526.023.422.4-17.2%
GhanaN/A4624237.4-87.3%
Hong Kong SAR12574.844.6N/A-40.3%
Others87.688.664.527.1-32.4%
Total3898308664575.5%

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

  1. Congo (173.2 tons)
  2. Liberia (122.4 tons)
  3. Angola (122.0 tons)
  4. Cote d'Ivoire (109.5 tons)
  5. Poland (46.5 tons)
  6. Greece (20.8 tons)
  7. United Kingdom (12.6 tons)
  8. Italy (4.6 tons)
  9. Ghana (4.2 tons)

Source: IndexBox Market Intelligence Platform

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