Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Vietnam - 2022
Contents:
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Vietnam (CIF) - 2022
- Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Vietnam (FOB) - 2022
- Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Vietnam
- Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Vietnam
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Vietnam (CIF) - 2022
In 2022, the average import price for offal, edible; of swine, (other than livers), frozen amounted to $1,321 per ton, declining by -8.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 6.2%. The import price peaked at $1,500 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Russia ($1,321 per ton) and Australia ($1,321 per ton), while the price for France ($1,321 per ton) and Germany ($1,321 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Offal, Edible; of Swine, (Other than Livers), Frozen in Vietnam (FOB) - 2022
The average export price for offal, edible; of swine, (other than livers), frozen stood at $1,185 per ton in 2022, with a decrease of -7.3% against the previous year. Overall, the export price saw a mild decline. The pace of growth was the most pronounced in 2017 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices hit record highs at $1,452 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lao People's Democratic Republic ($1,185 per ton) and Thailand ($1,185 per ton), while the average price for exports to China ($1,185 per ton) and South Korea ($1,185 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+3.8%), while the prices for the other major destinations experienced a decline.
Imports of Offal, Edible; of Swine, (Other than Livers), Frozen in Vietnam
In 2022, after three years of growth, there was significant decline in supplies from abroad of offal, edible; of swine, (other than livers), frozen, when their volume decreased by -45.3% to 63K tons. In general, imports, however, showed a mild expansion. The pace of growth was the most pronounced in 2021 with an increase of 57% against the previous year. As a result, imports reached the peak of 115K tons, and then shrank dramatically in the following year.
In value terms, imports of offal, edible; of swine, (other than livers), frozen shrank dramatically to $83M in 2022. Over the period under review, imports, however, posted a moderate expansion. The pace of growth was the most pronounced in 2021 with an increase of 66%. As a result, imports reached the peak of $167M, and then reduced remarkably in the following year.
| Import of Offal, Edible; of Swine, (Other than Livers), Frozen in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 20.3 | 18.8 | 46.5 | 26.2 | 8.9% |
| Russia | N/A | 10.1 | 46.4 | 21.1 | 44.5% |
| Spain | 7.8 | 10.4 | 8.9 | 7.9 | 0.4% |
| Poland | 17.1 | 18.5 | 20.0 | 6.9 | -26.1% |
| United States | 9.1 | 11.9 | 8.2 | 5.3 | -16.5% |
| Netherlands | 1.6 | 3.2 | 4.5 | 3.4 | 28.6% |
| Belgium | 4.5 | 5.1 | 6.5 | 3.2 | -10.7% |
| Canada | 4.4 | 4.1 | 6.0 | 2.9 | -13.0% |
| Italy | 6.0 | 3.8 | 5.4 | 1.4 | -38.4% |
| Australia | 2.6 | 5.8 | 4.2 | 1.3 | -20.6% |
| Others | 4.9 | 9.1 | 10.5 | 3.8 | -8.1% |
| Total | 78.3 | 101 | 167 | 83.4 | 2.1% |
Top Suppliers of Offal, Edible; of Swine, (Other than Livers), Frozen to Vietnam in 2022:
- Germany (19.9K tons)
- Russia (16.0K tons)
- Spain (6.0K tons)
- Poland (5.2K tons)
- United States (4.0K tons)
- Netherlands (2.5K tons)
- Belgium (2.4K tons)
- Canada (2.2K tons)
- Italy (1.1K tons)
- Australia (1.0K tons)
Exports of Offal, Edible; of Swine, (Other than Livers), Frozen in Vietnam
In 2022, exports of offal, edible; of swine, (other than livers), frozen from Vietnam skyrocketed to 588 tons, with an increase of 1,719% on the previous year. Overall, exports posted a slight increase.
In value terms, exports of offal, edible; of swine, (other than livers), frozen skyrocketed to $697K in 2022. In general, exports, however, saw a pronounced shrinkage.
| Export of Offal, Edible; of Swine, (Other than Livers), Frozen in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 666 | N/A | N/A | 239 | -28.9% |
| Lao People's Democratic Republic | N/A | N/A | N/A | 210 | 0% |
| South Korea | N/A | N/A | N/A | 163 | 0% |
| Malaysia | 16.2 | 22.9 | 41.3 | 43.0 | 38.5% |
| Thailand | N/A | N/A | N/A | 42.0 | 0% |
| Hong Kong SAR | N/A | 3,235 | N/A | N/A | 0% |
| Japan | 113 | N/A | N/A | N/A | 0% |
| Others | N/A | 62.9 | N/A | N/A | 0% |
| Total | 794 | 3,321 | 41.3 | 697 | -4.3% |
Top Export Markets for Offal, Edible; of Swine, (Other than Livers), Frozen from Vietnam in 2022:
- China (201.4 tons)
- Lao People's Democratic Republic (177.5 tons)
- South Korea (137.3 tons)
- Malaysia (36.3 tons)
- Thailand (35.4 tons)
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