Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Saudi Arabia - 2022
Contents:
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Saudi Arabia (FOB) - 2022
- Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Saudi Arabia
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Saudi Arabia (FOB) - 2022
The average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $2,044 per ton in 2022, declining by -8.3% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 151%. Over the period under review, the average export prices attained the peak figure at $5,012 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($2,089 per ton), while the average price for exports to Pakistan amounted to $1,248 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+295.6%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Saudi Arabia
In 2022, after three years of growth, there was significant decline in overseas shipments of offal, edible; of bovine animals, (other than tongues and livers), frozens, when their volume decreased by -27.4% to 23 tons. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 95% against the previous year.
In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens reduced sharply to $46K in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 201% against the previous year. As a result, the exports attained the peak of $69K, and then fell significantly in the following year.
| Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | 13.3 | 44.5 | 234.6% |
| Pakistan | 10.1 | N/A | N/A | 1.5 | -47.0% |
| Jordan | N/A | N/A | 55.8 | N/A | 0% |
| Others | 15.0 | 22.9 | N/A | N/A | 52.7% |
| Total | 25.1 | 22.9 | 69.2 | 46.0 | 22.4% |
Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from Saudi Arabia in 2022:
- Hong Kong SAR (21.3 tons)
- Pakistan (1.2 tons)
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