Price for Offal, Edible; of Swine, Livers, Frozen in Denmark - 2023

Contents:

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

Price for Offal, Edible; of Swine, Livers, Frozen in Denmark (FOB) - 2023

The average export price for offal, edible; of swine, livers, frozen stood at $487 per ton in September 2023, picking up by 3.1% against the previous month. Over the period under review, the export price, however, showed a abrupt descent. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 74% m-o-m. Over the period under review, the average export prices hit record highs at $1,551 per ton in November 2022; however, from December 2022 to September 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In September 2023, the country with the highest price was Malaysia ($1,838 per ton), while the average price for exports to Singapore amounted to $1,387 per ton.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Offal, Edible; of Swine, Livers, Frozen in Denmark (CIF) - 2023

In September 2023, the average import price for offal, edible; of swine, livers, frozen amounted to $1,916 per ton, reducing by -36.9% against the previous month. In general, the import price, however, recorded a noticeable expansion. The most prominent rate of growth was recorded in August 2023 an increase of 143% against the previous month. As a result, import price reached the peak level of $3,035 per ton, and then reduced notably in the following month.

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

From November 2022 to September 2023, the rate of growth in terms of prices for the Netherlands amounted to +10.3% per month.

Exports of Offal, Edible; of Swine, Livers, Frozen in Denmark

In 2022, exports of offal, edible; of swine, livers, frozen from Denmark shrank dramatically to 936 tons, reducing by -59.2% against the previous year's figure. Overall, exports saw a sharp contraction. The smallest decline of -10.4% was in 2020.

In value terms, exports of offal, edible; of swine, livers, frozen fell sharply to $1.2M in 2022. In general, exports recorded a sharp setback. The smallest decline of -12.6% was in 2021.

Top Export Markets for Offal, Edible; of Swine, Livers, Frozen from Denmark in 2022:

1. Singapore (499.4 tons)
2. Germany (107.5 tons)
3. Thailand (80.0 tons)
4. Hong Kong SAR (75.4 tons)
5. France (39.0 tons)
6. Netherlands (38.0 tons)
7. Austria (22.9 tons)
8. Czech Republic (21.1 tons)

Imports of Offal, Edible; of Swine, Livers, Frozen in Denmark

In 2022, approx. 1K tons of offal, edible; of swine, livers, frozen were imported into Denmark; jumping by 19% on the previous year. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 161% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of offal, edible; of swine, livers, frozen skyrocketed to $1.1M in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 194% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Offal, Edible; of Swine, Livers, Frozen to Denmark in 2022:

1. Spain (670.4 tons)
2. Netherlands (147.7 tons)
3. Norway (86.1 tons)
4. France (50.0 tons)
5. Germany (30.2 tons)
6. Belgium (26.3 tons)

Source: IndexBox Market Intelligence Platform