Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Czech Republic - 2023
Contents:
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Czech Republic (FOB) - 2022
- Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Czech Republic (CIF) - 2023
- Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Czech Republic
- Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Czech Republic
Price for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Czech Republic (FOB) - 2022
The average export price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $4,412 per ton in 2022, rising by 51% against the previous year. Over the period under review, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for offal, edible; of bovine animals, (other than tongues and livers), frozens increased by +102.0% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($5,254 per ton), while the average price for exports to Denmark ($526 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 Cote d'Ivoire (+14.7%), 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 the Czech Republic (CIF) - 2023
The average import price for offal, edible; of bovine animals, (other than tongues and livers), frozens stood at $1,932 per ton in October 2023, shrinking by -13.4% against the previous month. Over the period under review, the import price continues to indicate a slight setback. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 112% m-o-m. Over the period under review, average import prices hit record highs at $3,153 per ton in April 2023; however, from May 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($5,679 per ton), while the price for Poland ($838 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.4%), while the prices for the other major suppliers experienced a decline.
Exports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Czech Republic
In 2022, overseas shipments of offal, edible; of bovine animals, (other than tongues and livers), frozens were finally on the rise to reach 893 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a perceptible contraction.
In value terms, exports of offal, edible; of bovine animals, (other than tongues and livers), frozens skyrocketed to $3.9M in 2022. Over the period under review, exports showed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2,101 | 1,906 | 2,103 | 3,588 | 19.5% |
| Slovakia | 267 | 147 | 132 | 203 | -8.7% |
| Austria | 71.0 | 47.1 | 67.4 | 51.4 | -10.2% |
| Germany | 26.8 | 28.6 | 47.5 | 22.9 | -5.1% |
| Denmark | 11.1 | 46.1 | 7.3 | 11.2 | 0.3% |
| Others | 27.7 | 6.5 | 19.6 | 65.7 | 33.4% |
| Total | 2,504 | 2,181 | 2,376 | 3,942 | 16.3% |
Top Export Markets for Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen from the Czech Republic in 2022:
- Poland (683.0 tons)
- Slovakia (77.0 tons)
- Austria (59.5 tons)
- Germany (43.4 tons)
- Denmark (21.2 tons)
Imports of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Czech Republic
In 2022, imports of offal, edible; of bovine animals, (other than tongues and livers), frozens into the Czech Republic skyrocketed to 1K tons, rising by 22% on the year before. The total import volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 bovine animals, (other than tongues and livers), frozens soared to $3M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 675 | 347 | 497 | 952 | 12.1% |
| Netherlands | 894 | 622 | 594 | 637 | -10.7% |
| Poland | 206 | 435 | 596 | 605 | 43.2% |
| Ireland | 23.6 | 6.7 | 38.1 | 265 | 123.9% |
| Slovakia | 47.5 | 94.8 | 73.8 | 112 | 33.1% |
| Spain | N/A | N/A | 0.9 | 60.2 | 6588.9% |
| Austria | 45.8 | 35.6 | 15.8 | 58.9 | 8.7% |
| Others | 107 | 57.9 | 65.8 | 293 | 39.9% |
| Total | 1,998 | 1,599 | 1,882 | 2,985 | 14.3% |
Top Suppliers of Offal, Edible; of Bovine Animals, (Other than Tongues and Livers), Frozen to the Czech Republic in 2022:
- Poland (388.2 tons)
- Germany (221.8 tons)
- Netherlands (180.1 tons)
- Ireland (64.8 tons)
- Slovakia (50.6 tons)
- Spain (50.6 tons)
- Austria (35.3 tons)
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