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

Contents:

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

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

The average import price for offal, edible; of swine, (other than livers), frozen stood at $2,478 per ton in December 2023, which is down by -12.8% against the previous month. Over the period under review, the import price, however, recorded resilient growth. The pace of growth was the most pronounced in June 2023 when the average import price increased by 251% month-to-month. Over the period under review, average import prices attained the peak figure at $2,842 per ton in November 2023, and then reduced in the following month.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Austria ($2,583 per ton), while the price for Hungary ($1,922 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Spain (+6.7%), 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 Serbia (FOB) - 2022

The average export price for offal, edible; of swine, (other than livers), frozen stood at $433 per ton in 2022, falling by -25.8% against the previous year. Overall, the export price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2016 when the average export price increased by 41%. The export price peaked at $1,286 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Equatorial Guinea ($1,467 per ton), while the average price for exports to Gabon ($249 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 Vietnam (+6.0%), 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 Serbia

In 2022, purchases abroad of offal, edible; of swine, (other than livers), frozen was finally on the rise to reach 813 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw resilient growth. As a result, imports attained 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 skyrocketed to $961K in 2022. Overall, imports showed a relatively flat trend pattern.

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

1. Spain (361.2 tons)
2. Croatia (144.2 tons)
3. Netherlands (84.3 tons)
4. Montenegro (60.6 tons)
5. Bosnia and Herzegovina (57.1 tons)
6. Hungary (30.8 tons)
7. Austria (21.5 tons)
8. Belgium (21.5 tons)
9. Cyprus (13.1 tons)

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

In 2022, shipments abroad of offal, edible; of swine, (other than livers), frozen was finally on the rise to reach 1K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a drastic downturn.

In value terms, exports of offal, edible; of swine, (other than livers), frozen skyrocketed to $450K in 2022. Overall, exports, however, continue to indicate a precipitous slump.

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

1. Cote d'Ivoire (657.3 tons)
2. North Macedonia (96.8 tons)
3. Equatorial Guinea (82.2 tons)
4. Gabon (52.0 tons)
5. Lebanon (47.1 tons)
6. Albania (29.6 tons)
7. Angola (26.0 tons)
8. Montenegro (25.2 tons)

Source: IndexBox Market Intelligence Platform