Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in France - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in France (FOB) - 2023
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in France (CIF) - 2023
- Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in France
- Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in France
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in France (FOB) - 2023
The average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $1,383 per ton in October 2023, which is down by -30% against the previous month. Over the period under review, the export price continues to indicate a pronounced descent. The pace of growth was the most pronounced in September 2023 when the average export price increased by 12% m-o-m. As a result, the export price attained the peak level of $1,976 per ton, and then plummeted in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($3,464 per ton), while the average price for exports to Cote d'Ivoire ($894 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in France (CIF) - 2023
In October 2023, the average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $4,068 per ton, leveling off at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in March 2023 when the average import price increased by 18% against the previous month. Over the period under review, average import prices reached the maximum at $4,519 per ton in August 2023; however, from September 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($11,634 per ton), while the price for the UK amounted to $3,895 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in France
Exports of offal, edible; of bovine animals, (other than tongues and livers), frozens from France declined to 25K tons in 2022, which is down by -13.5% against the previous year. Overall, exports continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2021 when exports increased by 2.8%. As a result, the exports reached the peak of 29K tons, and then declined in the following year.
In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens dropped significantly to $44M in 2022. In general, total exports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +19.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year. As a result, the exports reached the peak of $54M, and then declined significantly in the following year.
| Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.1 | 3.9 | 8.7 | 8.8 | 13.0% |
| Cote d'Ivoire | 5.0 | 5.7 | 7.4 | 5.7 | 4.5% |
| Italy | 3.1 | 3.3 | 3.7 | 3.9 | 8.0% |
| Germany | 3.7 | 2.4 | 3.9 | 2.9 | -7.8% |
| Denmark | 1.9 | 2.2 | 2.7 | 2.6 | 11.0% |
| Netherlands | 1.5 | 1.2 | 1.5 | 2.4 | 17.0% |
| Poland | 1.4 | 0.8 | 0.6 | 1.7 | 6.7% |
| Belgium | 1.3 | 3.2 | 1.4 | 1.7 | 9.4% |
| United Kingdom | 2.4 | 0.6 | 1.8 | 1.5 | -14.5% |
| Philippines | 1.1 | 0.7 | 1.6 | 1.5 | 10.9% |
| South Africa | 0.6 | 1.0 | 1.9 | 1.4 | 32.6% |
| Austria | 0.3 | 1.0 | 1.2 | 1.0 | 49.4% |
| Cyprus | 1.2 | 0.7 | 0.6 | 0.6 | -20.6% |
| Others | 9.3 | 10.0 | 17.1 | 8.2 | -4.1% |
| Total | 39.0 | 36.8 | 54.2 | 44.0 | 4.1% |
Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from France in 2022:
- Cote d'Ivoire (6.9K tons)
- Spain (2.6K tons)
- Netherlands (1.6K tons)
- Italy (1.5K tons)
- Denmark (1.5K tons)
- Germany (1.3K tons)
- Belgium (1.0K tons)
- Philippines (1.0K tons)
- South Africa (0.9K tons)
- Poland (0.9K tons)
- Austria (0.7K tons)
- Cyprus (0.7K tons)
- United Kingdom (0.6K tons)
Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in France
In 2022, approx. 9.2K tons of offal, edible; of bovine animals, (other than tongues and livers), frozens were imported into France; increasing by 17% on the previous year. The total import volume increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens skyrocketed to $32M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.5 | 5.2 | 6.6 | 10.1 | 22.5% |
| United Kingdom | 0.4 | 0.6 | 2.1 | 5.7 | 142.4% |
| Germany | 6.8 | 4.2 | 5.8 | 4.5 | -12.9% |
| Italy | 2.5 | 2.4 | 2.6 | 3.3 | 9.7% |
| Spain | 2.5 | 2.5 | 2.3 | 2.9 | 5.1% |
| Poland | 1.4 | 0.8 | 1.9 | 2.2 | 16.3% |
| Belgium | 1.0 | 2.0 | 1.5 | 1.2 | 6.3% |
| Ireland | 0.3 | 0.3 | 0.9 | 0.9 | 44.2% |
| New Zealand | 0.8 | 1.0 | 0.5 | 0.2 | -37.0% |
| Others | 0.4 | 0.3 | 0.4 | 0.6 | 14.5% |
| Total | 21.5 | 19.4 | 24.5 | 31.5 | 13.6% |
Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to France in 2022:
- United Kingdom (2670.4 tons)
- Netherlands (1925.9 tons)
- Spain (1286.7 tons)
- Germany (1053.9 tons)
- Italy (825.1 tons)
- Poland (570.5 tons)
- Ireland (416.3 tons)
- Belgium (253.4 tons)
- New Zealand (41.8 tons)
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