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

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

The average import price for offal, edible; of bovine animals, tongues, frozens stood at $3,460 per ton in 2022, with a decrease of -4.6% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for offal, edible; of bovine animals, tongues, frozens increased by +54.3% against 2016 indices. The growth pace was the most rapid in 2019 an increase of 38% against the previous year. The import price peaked at $3,627 per ton in 2021, and then contracted slightly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +5.3% per year.

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

In 2022, after two years of decline, there was significant growth in purchases abroad of offal, edible; of bovine animals, tongues, frozens, when their volume increased by 7.1% to 668 kg. Over the period under review, imports, however, showed a abrupt downturn.

In value terms, imports of offal, edible; of bovine animals, tongues, frozens rose to $2.3K in 2022. Overall, imports, however, recorded a perceptible shrinkage.