Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Panama - 2022
Contents:
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Panama (FOB) - 2022
- Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Panama (CIF) - 2022
- Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Panama
- Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Panama
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Panama (FOB) - 2022
The average export price for offal, edible; of bovine animals, tongues, frozens stood at $6,959 per ton in 2022, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 8.7%. Over the period under review, the average export prices hit record highs at $7,320 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($20,969 per ton), while the average price for exports to Israel amounted to $3,100 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (+30.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Offal, Edible; of Bovine Animals, Tongues, Frozen in Panama (CIF) - 2022
The average import price for offal, edible; of bovine animals, tongues, frozens stood at $4,987 per ton in 2022, falling by -19.4% against the previous year. Overall, the import price saw a perceptible descent. The pace of growth was the most pronounced in 2021 when the average import price increased by 40%. The import price peaked at $8,201 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($6,669 per ton), while the price for Nicaragua ($2,470 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.1%), while the prices for the other major suppliers experienced a decline.
Exports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Panama
In 2022, after three years of growth, there was significant decline in shipments abroad of offal, edible; of bovine animals, tongues, frozens, when their volume decreased by -8.7% to 98 tons. The total export volume increased at an average annual rate of +10.2% 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 2021 with an increase of 21%. As a result, the exports reached the peak of 108 tons, and then shrank in the following year.
In value terms, exports of offal, edible; of bovine animals, tongues, frozens fell to $685K in 2022. The total export value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 19%.
| Export of Offal, Edible; of Bovine Animals, Tongues, Frozen in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 233 | 367 | 394 | 425 | 22.2% |
| Israel | 287 | 252 | 336 | 237 | -6.2% |
| Others | 7.7 | 7.6 | 13.2 | 22.7 | 43.4% |
| Total | 528 | 627 | 744 | 685 | 9.1% |
Top Export Markets for Offal, Edible; of Bovine Animals, Tongues, Frozen from Panama in 2022:
- Israel (76.6 tons)
- Japan (20.3 tons)
Imports of Offal, Edible; of Bovine Animals, Tongues, Frozen in Panama
In 2022, overseas purchases of offal, edible; of bovine animals, tongues, frozens decreased by -11.3% to 6.5 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 66%. As a result, imports attained the peak of 7.3 tons, and then declined in the following year.
In value terms, imports of offal, edible; of bovine animals, tongues, frozens contracted rapidly to $32K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 133% against the previous year. As a result, imports attained the peak of $45K, and then fell rapidly in the following year.
| Import of Offal, Edible; of Bovine Animals, Tongues, Frozen in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 7.2 | 11.2 | 21.0 | 18.9 | 37.9% |
| Brazil | 1.2 | 2.6 | 9.8 | 4.7 | 57.6% |
| Turkey | 0.7 | 3.4 | 7.0 | 3.2 | 66.0% |
| Netherlands | 0.1 | 0.6 | 2.7 | 2.7 | 200.0% |
| Nicaragua | 0.8 | 1.1 | 2.3 | 1.2 | 14.5% |
| United States | 0.4 | 0.3 | 1.5 | 1.0 | 35.7% |
| Others | 0.1 | 0.2 | 0.8 | 0.6 | 81.7% |
| Total | 10.4 | 19.4 | 45.2 | 32.3 | 45.9% |
Top Suppliers of Offal, Edible; of Bovine Animals, Tongues, Frozen to Panama in 2022:
- Canada (2830.0 kg)
- Brazil (1238.0 kg)
- Turkey (963.0 kg)
- Netherlands (546.0 kg)
- Nicaragua (498.0 kg)
- United States (286.0 kg)
478
Global Frozen Meat Offal Market Report 2018. This report provides an in-depth analysis of the global frozen meat offal market.
503
Global Fresh Meat Offal Market Report 2018. This report provides an in-depth analysis of the global fresh meat offal market.
478
Global Frozen Meat Offal Market Report 2018. This report provides an in-depth analysis of the global frozen meat offal market.
503
Global Fresh Meat Offal Market Report 2018. This report provides an in-depth analysis of the global fresh meat offal market.
Nothing found. Please try again.
