Price for Offal, Edible; of Swine, Fresh or Chilled in Denmark - 2023

Contents:

  1. Price for Offal, Edible; of Swine, Fresh or Chilled in Denmark (FOB) - 2023
  2. Price for Offal, Edible; of Swine, Fresh or Chilled in Denmark (CIF) - 2023
  3. Exports of Offal, Edible; of Swine, Fresh or Chilled in Denmark
  4. Imports of Offal, Edible; of Swine, Fresh or Chilled in Denmark

Price for Offal, Edible; of Swine, Fresh or Chilled in Denmark (FOB) - 2023

In October 2023, the average export price for offal, edible; of swine, fresh or chilled amounted to $1,149 per ton, which is down by -5.6% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average export price increased by 9.6% m-o-m. As a result, the export price attained the peak level of $1,525 per ton. From May 2023 to October 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($1,401 per ton), while the average price for exports to Belgium ($168 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Offal, Edible; of Swine, Fresh or Chilled in Denmark (CIF) - 2023

The average import price for offal, edible; of swine, fresh or chilled stood at $1,045 per ton in September 2023, falling by -10.8% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average import price increased by 24% against the previous month. As a result, import price reached the peak level of $1,882 per ton. From May 2023 to September 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($1,441 per ton), while the price for Finland ($697 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Sweden (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Offal, Edible; of Swine, Fresh or Chilled in Denmark

In 2022, the amount of offal, edible; of swine, fresh or chilled exported from Denmark expanded to 74K tons, rising by 4% on the previous year's figure. The total export volume increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of offal, edible; of swine, fresh or chilled declined to $90M in 2022. The total export value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 19%. As a result, the exports reached the peak of $96M, and then reduced in the following year.

Export of Offal, Edible; of Swine, Fresh or Chilled in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China64.668.486.074.14.7%
Sweden2.63.93.66.334.3%
Germany5.35.24.36.35.9%
FranceN/AN/A0.12.22100.0%
Belgium0.50.60.20.4-7.2%
Others2.02.72.00.8-26.3%
Total75.080.796.389.96.2%

Top Export Markets for Offal, Edible; of Swine, Fresh or Chilled from Denmark in 2022:

  1. China (53.1K tons)
  2. Sweden (8.3K tons)
  3. Germany (8.2K tons)
  4. Belgium (2.3K tons)
  5. France (1.2K tons)

Imports of Offal, Edible; of Swine, Fresh or Chilled in Denmark

In 2022, approx. 35K tons of offal, edible; of swine, fresh or chilled were imported into Denmark; with an increase of 24% on the year before. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 927% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of offal, edible; of swine, fresh or chilled skyrocketed to $36M in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 782% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Offal, Edible; of Swine, Fresh or Chilled in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.51.917.029.5127.7%
Netherlands0.90.74.14.064.4%
SwedenN/AN/A0.71.042.9%
FinlandN/AN/A0.70.928.6%
Others0.1N/AN/A0.344.2%
Total3.62.522.435.7114.8%

Top Suppliers of Offal, Edible; of Swine, Fresh or Chilled to Denmark in 2022:

  1. Germany (28.0K tons)
  2. Netherlands (4.1K tons)
  3. Finland (1.4K tons)
  4. Sweden (1.3K tons)

Source: IndexBox Market Intelligence Platform

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