Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Norway - 2023

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Norway (CIF) - 2022
  2. Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Norway (FOB) - 2022
  3. Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Norway
  4. Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Norway

Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Norway (CIF) - 2022

In 2022, the average import price for offal, edible; of bovine animals, fresh or chilleds amounted to $3,105 per ton, picking up by 345% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $6,126 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +3.8% per year.

Price for Offal, Edible; of Bovine Animals, Fresh or Chilled in Norway (FOB) - 2022

The average export price for offal, edible; of bovine animals, fresh or chilleds stood at $2,095 per ton in 2022, dropping by -2.5% against the previous year. Overall, the export price continues to indicate a deep reduction. The growth pace was the most rapid in 2018 an increase of 6.7% against the previous year. The export price peaked at $4,665 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to +42.2% per year.

Imports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Norway

In 2022, after three years of growth, there was significant decline in overseas purchases of offal, edible; of bovine animals, fresh or chilleds, when their volume decreased by -99.9% to 95 kg. Overall, imports faced a significant contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 71%.

In value terms, imports of offal, edible; of bovine animals, fresh or chilleds contracted notably to $295 in 2022. Over the period under review, imports showed a dramatic descent. The smallest decline of -9.6% was in 2021.

Import of Offal, Edible; of Bovine Animals, Fresh or Chilled in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands25.524.99.60.3-77.3%
Finland0.71.63.0N/A107.0%
Sweden11.216.27.8N/A-16.5%
Others44.427.743.2N/A-1.4%
Total81.870.463.70.3-84.6%

Top Suppliers of Offal, Edible; of Bovine Animals, Fresh or Chilled to Norway in 2022:

  1. Netherlands (95.0 kg)

Exports of Offal, Edible; of Bovine Animals, Fresh or Chilled in Norway

In 2022, overseas shipments of offal, edible; of bovine animals, fresh or chilleds were finally on the rise to reach 2.6 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a perceptible slump.

In value terms, exports of offal, edible; of bovine animals, fresh or chilleds totaled $5.4K in 2022. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by less than 0.1%. As a result, the exports attained the peak of $5.4K; afterwards, it flattened through to 2022.

Export of Offal, Edible; of Bovine Animals, Fresh or Chilled in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark5.45.45.45.40.0%
OthersN/A0.1N/AN/A0%
Total5.45.45.45.40.0%

Top Export Markets for Offal, Edible; of Bovine Animals, Fresh or Chilled from Norway in 2022:

  1. Denmark (2.6 tons)

Source: IndexBox Market Intelligence Platform

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