Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Croatia - 2023

Contents:

1. Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Croatia (FOB) - 2022
2. Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Croatia (CIF) - 2022
3. Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Croatia
4. Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Croatia

Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Croatia (FOB) - 2022

In 2022, the average export price for offal, edible; of bovine animals, tongues, frozens amounted to $4,397 per ton, growing by 28% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.0% 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, tongues, frozens increased by +62.2% against 2015 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 32%. The export price peaked at $5,051 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($4,508 per ton), while the average price for exports to Bulgaria totaled $3,350 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+12.5%), while the prices for the other major destinations experienced a decline.

Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Croatia (CIF) - 2022

In 2022, the average import price for offal, edible; of bovine animals, tongues, frozens amounted to $5,601 per ton, picking up by 162% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 958% against the previous year. As a result, import price reached the peak level of $97,423 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($9,906 per ton), while the price for Slovenia amounted to $4,587 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Croatia

In 2022, exports of offal, edible; of bovine animals, tongues, frozens from Croatia skyrocketed to 18 tons, with an increase of 24% against 2021. Over the period under review, exports, however, continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 29%. As a result, the exports attained the peak of 24 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of offal, edible; of bovine animals, tongues, frozens soared to $79K in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.6% 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 attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Offal, Edible; of Bovine Animals, Tongues, Frozen from Croatia in 2022:

1. Lithuania (16.2 tons)
2. Bulgaria (1.6 tons)
3. Italy (0.1 tons)
4. North Macedonia (0.1 tons)

Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Croatia

In 2022, approx. 556 kg of offal, edible; of bovine animals, tongues, frozens were imported into Croatia; dropping by -61.8% on 2021. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,260%. As a result, imports reached the peak of 1.5 tons, and then declined dramatically in the following year.

In value terms, imports of offal, edible; of bovine animals, tongues, frozens stood at $3.1K in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 430% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Croatia in 2022:

1. Slovenia (450.0 kg)
2. Italy (106.0 kg)

Source: IndexBox Market Intelligence Platform