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

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

The average export price for offal, edible; of swine, fresh or chilled stood at $1,004 per ton in October 2023, rising by 15% against the previous month. Over the period under review, the export price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 16% against the previous month. The export price peaked at $1,765 per ton in May 2023; however, from June 2023 to October 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Portugal ($5,397 per ton), while the average price for exports to Italy ($358 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 China (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for offal, edible; of swine, fresh or chilled stood at $890 per ton in September 2023, dropping by -12.6% against the previous month. Overall, the import price, however, continues to indicate a slight expansion. The most prominent rate of growth was recorded in December 2022 an increase of 20% against the previous month. The import price peaked at $1,133 per ton in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($10,369 per ton), while the price for France ($685 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 Hungary (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of offal, edible; of swine, fresh or chilled decreased by -0.1% to 38K tons, falling for the second consecutive year after two years of growth. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 15%. As a result, the exports attained the peak of 42K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of offal, edible; of swine, fresh or chilled surged to $38M in 2022. The total export value increased at an average annual rate of +12.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 30%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

Export of Offal, Edible; of Swine, Fresh or Chilled in Spain (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	12.7	19.2	14.4	18.3	12.9%
Portugal	3.1	2.4	3.0	4.5	13.2%
Italy	0.9	0.9	1.5	3.4	55.7%
Belgium	0.1	0.1	N/A	2.3	184.4%
Netherlands	0.8	1.9	2.5	2.1	37.9%
Sweden	1.4	1.6	1.2	1.7	6.7%
Poland	2.0	2.3	1.6	0.9	-23.4%
Hungary	0.6	0.5	0.6	0.8	10.1%
Others	5.1	5.7	6.8	4.1	-7.0%
Total	26.6	34.5	31.7	38.3	12.9%

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

France (21.4K tons)
Italy (4.9K tons)
Belgium (2.4K tons)
Sweden (2.2K tons)
Netherlands (1.9K tons)
Portugal (1.0K tons)
Poland (0.7K tons)
Hungary (0.7K tons)

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

In 2022, the amount of offal, edible; of swine, fresh or chilled imported into Spain reduced to 14K tons, falling by -11.8% on the previous year's figure. In general, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 136% against the previous year. As a result, imports attained the peak of 16K tons, and then fell in the following year.

In value terms, imports of offal, edible; of swine, fresh or chilled soared to $12M in 2022. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 71% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Offal, Edible; of Swine, Fresh or Chilled in Spain (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	1,435	904	1,902	3,167	30.2%
Italy	2,024	1,532	2,228	2,680	9.8%
France	445	279	1,867	2,667	81.6%
Germany	218	1,265	2,101	1,297	81.2%
Belgium	206	11.3	254	757	54.3%
Portugal	95.3	125	541	566	81.1%
Hungary	688	828	727	482	-11.2%
Poland	609	376	143	121	-41.6%
United Kingdom	N/A	253	315	27.3	-67.2%
Others	206	555	394	318	15.6%
Total	5,925	6,128	10,471	12,082	26.8%