Price for Offal, Edible; of Bovine Animals, Livers, Frozen in Ecuador - 2022

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

The average import price for offal, edible; of bovine animals, livers, frozens stood at $1,514 per ton in 2022, which is down by -6% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for offal, edible; of bovine animals, livers, frozens increased by +70.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 81% against the previous year. As a result, import price reached the peak level of $1,611 per ton, and then fell in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +2.3% per year.

Imports of Offal, Edible; of Bovine Animals, Livers, Frozen in Ecuador

Imports of offal, edible; of bovine animals, livers, frozens into Ecuador shrank sharply to 124 tons in 2022, dropping by -62.2% on the year before. In general, imports saw a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 21%. As a result, imports reached the peak of 327 tons, and then dropped rapidly in the following year.

In value terms, imports of offal, edible; of bovine animals, livers, frozens fell dramatically to $188K in 2022. Overall, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 118%. As a result, imports attained the peak of $527K, and then shrank markedly in the following year.