Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Colombia - 2022

Contents:

  1. Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Colombia (CIF) - 2022
  2. Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Colombia

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

In 2022, the average import price for offal, edible; of bovine animals, tongues, frozens amounted to $2,413 per ton, approximately mirroring the previous year. Overall, the import price recorded a deep slump. The pace of growth was the most pronounced in 2018 an increase of 23%. Over the period under review, average import prices attained the peak figure at $4,768 per ton in 2012; however, from 2013 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 country with the highest price was Argentina ($2,698 per ton), while the price for Paraguay ($2,079 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (-2.4%), while the prices for the other major suppliers experienced a decline.

Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Colombia

In 2022, imports of offal, edible; of bovine animals, tongues, frozens into Colombia soared to 117 tons, increasing by 22% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 34% against the previous year. As a result, imports reached the peak of 138 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of offal, edible; of bovine animals, tongues, frozens soared to $281K in 2022. In general, imports, however, recorded a abrupt setback.

Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UruguayN/AN/AN/A1590%
Paraguay38.119511663.818.7%
Argentina32913591.758.3-43.8%
CanadaN/AN/A23.4N/A0%
Others0.20.30.10.20.0%
Total367331232281-8.5%

Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Colombia in 2022:

  1. Uruguay (64.2 tons)
  2. Paraguay (30.7 tons)
  3. Argentina (21.6 tons)

Source: IndexBox Market Intelligence Platform

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