Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Estonia - 2023

Contents:

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

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Estonia (FOB) - 2022

In 2022, the average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens amounted to $2,144 per ton, falling by -14.6% against the previous year. Over the period under review, the export price, however, posted a notable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 65% against the previous year. The export price peaked at $3,688 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($7,292 per ton), while the average price for exports to Lithuania ($1,167 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Estonia (CIF) - 2022

The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $2,582 per ton in 2022, waning by -14.6% against the previous year. Overall, the import price, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2016 an increase of 89%. Over the period under review, average import prices hit record highs at $3,478 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($5,441 per ton), while the price for Romania ($1,416 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+210.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Estonia

In 2022, after two years of decline, there was significant growth in overseas shipments of offal, edible; of bovine animals, (other than tongues and livers), frozens, when their volume increased by 43% to 293 tons. The total export volume increased at an average annual rate of +8.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens surged to $628K in 2022. In general, exports, however, showed a abrupt contraction.

Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany23258.4108167-10.4%
Lithuania96.929.514913511.7%
Spain28019371.8128-23.0%
Poland52.817468.310224.5%
Latvia44.614922.352.45.5%
Netherlands42.313.935.337.0-4.4%
United Kingdom62.774.98.8N/A-62.5%
Others24.212.148.76.0-37.2%
Total835705512628-9.1%

Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from Estonia in 2022:

  1. Lithuania (115.4 tons)
  2. Germany (55.2 tons)
  3. Poland (46.7 tons)
  4. Latvia (42.4 tons)
  5. Spain (17.6 tons)
  6. Netherlands (13.2 tons)

Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Estonia

In 2022, after two years of decline, there was significant growth in supplies from abroad of offal, edible; of bovine animals, (other than tongues and livers), frozens, when their volume increased by 43% to 229 tons. Over the period under review, imports, however, showed a relatively flat trend pattern.

In value terms, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens skyrocketed to $592K in 2022. Overall, imports, however, recorded a abrupt decrease.

Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland23640225535314.4%
Poland152N/A24.4119-7.8%
Lithuania76.619.836.546.4-15.4%
Latvia50.318.818.733.9-12.3%
Sweden17820014626.2-47.2%
RomaniaN/AN/AN/A7.20%
Denmark114N/AN/AN/A0%
Others5.11.45.86.910.6%
Total812642487592-10.0%

Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to Estonia in 2022:

  1. Finland (169.7 tons)
  2. Poland (27.9 tons)
  3. Lithuania (8.9 tons)
  4. Sweden (8.5 tons)
  5. Latvia (6.2 tons)
  6. Romania (5.1 tons)

Source: IndexBox Market Intelligence Platform

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