Price for Offal, Edible; of Swine, Livers, Frozen in Thailand - 2024

Contents:

  1. Price for Offal, Edible; of Swine, Livers, Frozen in Thailand (CIF) - 2022
  2. Price for Offal, Edible; of Swine, Livers, Frozen in Thailand (FOB) - 2022
  3. Imports of Offal, Edible; of Swine, Livers, Frozen in Thailand
  4. Exports of Offal, Edible; of Swine, Livers, Frozen in Thailand

Price for Offal, Edible; of Swine, Livers, Frozen in Thailand (CIF) - 2022

The average import price for offal, edible; of swine, livers, frozen stood at $638 per ton in 2022, declining by -8.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 26% against the previous year. The import price peaked at $920 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($820 per ton) and Denmark ($712 per ton), while the price for the Netherlands ($624 per ton) and Belgium ($643 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Offal, Edible; of Swine, Livers, Frozen in Thailand (FOB) - 2022

The average export price for offal, edible; of swine, livers, frozen stood at $3,224 per ton in 2022, leveling off at the previous year. In general, the export price recorded pronounced growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 86%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +8.8% per year.

Imports of Offal, Edible; of Swine, Livers, Frozen in Thailand

After two years of decline, overseas purchases of offal, edible; of swine, livers, frozen increased by 37% to 10K tons in 2022. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of offal, edible; of swine, livers, frozen soared to $6.7M in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Offal, Edible; of Swine, Livers, Frozen in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A0.41.94.6239.1%
Spain0.20.10.21.7104.1%
Denmark0.50.30.40.1-41.5%
BelgiumN/AN/AN/A0.10%
Germany5.94.02.9N/A-29.9%
OthersN/AN/A0.1N/A0%
Total6.54.95.36.71.0%

Top Suppliers of Offal, Edible; of Swine, Livers, Frozen to Thailand in 2022:

  1. Netherlands (7.4K tons)
  2. Spain (2.5K tons)
  3. Denmark (0.2K tons)
  4. Belgium (0.2K tons)

Exports of Offal, Edible; of Swine, Livers, Frozen in Thailand

In 2022, shipments abroad of offal, edible; of swine, livers, frozen decreased by 0% to 9.1 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2020 when exports increased by 485% against the previous year. As a result, the exports reached the peak of 61 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of offal, edible; of swine, livers, frozen amounted to $29K in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 986%. As a result, the exports attained the peak of $75K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Offal, Edible; of Swine, Livers, Frozen in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MyanmarN/AN/AN/A29.20%
Lao People's Democratic Republic6.375.0N/AN/A1090.5%
Others0.6N/AN/AN/A0%
Total6.975.0N/A29.261.8%

Top Export Markets for Offal, Edible; of Swine, Livers, Frozen from Thailand in 2022:

  1. Myanmar (9.1 tons)

Source: IndexBox Market Intelligence Platform

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