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

Contents:

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

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

In 2022, the average export price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen amounted to $3,505 per ton, with an increase of 12% against the previous year. In general, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 sheep, goats, horses, asses, mules or hinnies, frozen decreased by -41.3% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of 88% against the previous year. As a result, the export price attained the peak level of $5,967 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to +3.3% per year.

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

The average import price for offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $1,253 per ton in 2022, stabilizing at the previous year. Over the period under review, the import price showed a abrupt descent. The pace of growth appeared the most rapid in 2021 an increase of 54%. Over the period under review, average import prices reached the peak figure at $2,369 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Iran ($1,706 per ton), while the price for Armenia ($758 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-6.2%), while the prices for the other major suppliers experienced a decline.

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

After three years of growth, overseas shipments of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen decreased by -98.8% to 220 kg in 2022. Over the period under review, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 3,227% against the previous year.

In value terms, exports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen shrank sharply to $771 in 2022. Overall, exports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2020 with an increase of 2,064% against the previous year.

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

1. Kuwait (220.0 kg)

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

In 2022, the amount of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen imported into Pakistan was estimated at 158 tons, approximately reflecting 2021. In general, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 253%.

In value terms, imports of offal, edible; of sheep, goats, horses, asses, mules or hinnies, frozen stood at $198K in 2022. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 445%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

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

1. India (113.6 tons)
2. Iran (32.7 tons)
3. Armenia (10.5 tons)

Source: IndexBox Market Intelligence Platform