Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Azerbaijan - 2022

Contents:

1. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Azerbaijan (CIF) - 2022
2. Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Azerbaijan (FOB) - 2022
3. Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Azerbaijan
4. Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Azerbaijan

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Azerbaijan (CIF) - 2022

The average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $10,133 per ton in 2022, surging by 286% against the previous year. Overall, the import price recorded a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Turkey ($10,218 per ton), while the price for Russia stood at $6,400 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+278.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Azerbaijan (FOB) - 2022

In 2020, the average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $1,400 per ton, picking up by 119% against the previous year. In general, the export price posted a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2019 to 2020, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.

Imports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Azerbaijan

For the third consecutive year, Azerbaijan recorded decline in supplies from abroad of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen, which decreased by -95.9% to 225 kg in 2022. In general, imports faced a sharp downturn. The smallest decline of -67.8% was in 2021.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen declined notably to $2.3K in 2022. Overall, imports faced a dramatic setback. The smallest decline of -60.2% was in 2021.

Top Suppliers of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen to Azerbaijan in 2022:

1. Turkey (220.0 kg)
2. Russia (5.0 kg)

Exports of Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen in Azerbaijan

In 2020, approx. 16 tons of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen were exported from Azerbaijan; rising by 40% on 2019. Overall, total exports indicated a significant increase from 2019 to 2020: its volume increased at an average annual rate of +39.6% over the last one-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 sheep, goats, horses, asses, mules or hinnies, frozen soared to $23K in 2020. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Offal, Edible; of Sheep, Goats, Horses, Asses, Mules or Hinnies, Frozen from Azerbaijan in 2022:

1. Turkey (16.2 tons)

Source: IndexBox Market Intelligence Platform