Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Greece - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Greece (CIF) - 2023
- Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Greece (FOB) - 2022
- Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Greece
- Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Greece
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Greece (CIF) - 2023
The average import price for offal, edible; of bovine animals, fresh or chilleds stood at $3,610 per ton in October 2023, with an increase of 8.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 14% m-o-m. Over the period under review, average import prices hit record highs at $3,843 per ton in April 2023; however, from May 2023 to October 2023, import prices remained at a 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 the Netherlands ($5,263 per ton), while the price for Germany ($2,445 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 Italy (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Greece (FOB) - 2022
In 2022, the average export price for offal, edible; of bovine animals, fresh or chilleds amounted to $1,777 per ton, growing by 42% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for offal, edible; of bovine animals, fresh or chilleds decreased by -0.4% against 2018 indices. The growth pace was the most rapid in 2014 an increase of 115% against the previous year. As a result, the export price attained the peak level of $2,582 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,927 per ton), while the average price for exports to Bulgaria ($630 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 Germany (+10.9%), while the prices for the other major destinations experienced a decline.
Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Greece
In 2022, the amount of offal, edible; of bovine animals, fresh or chilleds imported into Greece reached 3.1K tons, approximately reflecting the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 3.3% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of offal, edible; of bovine animals, fresh or chilleds shrank modestly to $9.5M in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 15% against the previous year. As a result, imports attained the peak of $9.6M, leveling off in the following year.
| Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.1 | 3.3 | 3.7 | 3.1 | 0.0% |
| France | 1.9 | 1.9 | 1.9 | 2.1 | 3.4% |
| Spain | 0.3 | 0.5 | 1.0 | 1.2 | 58.7% |
| Italy | 0.6 | 0.7 | 0.8 | 0.9 | 14.5% |
| Germany | 0.8 | 0.7 | 0.8 | 0.7 | -4.4% |
| Belgium | 0.3 | 0.4 | 0.5 | 0.7 | 32.6% |
| Denmark | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
| Austria | 0.4 | 0.4 | 0.1 | N/A | -50.0% |
| Others | 0.2 | 0.1 | 0.3 | 0.1 | -20.6% |
| Total | 8.1 | 8.3 | 9.6 | 9.5 | 5.5% |
Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to Greece in 2022:
- France (744.9 tons)
- Netherlands (688.9 tons)
- Italy (464.7 tons)
- Spain (456.3 tons)
- Germany (242.4 tons)
- Denmark (229.9 tons)
- Belgium (183.6 tons)
- Austria (20.8 tons)
Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Greece
In 2022, approx. 131 tons of offal, edible; of bovine animals, fresh or chilleds were exported from Greece; picking up by 72% compared with 2021 figures. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of offal, edible; of bovine animals, fresh or chilleds soared to $233K in 2022. Over the period under review, exports posted a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 94.7 | 147 | 34.6 | 178 | 23.4% |
| Bulgaria | 41.9 | 26.4 | 35.2 | 51.8 | 7.3% |
| Others | 31.2 | 14.2 | 25.6 | 3.2 | -53.2% |
| Total | 168 | 187 | 95.4 | 233 | 11.5% |
Top Export Markets for Offal, Edible; of Bovine Animals, Fresh or Chilled from Greece in 2022:
- Bulgaria (82.1 tons)
- Cyprus (47.7 tons)
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