Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Argentina - 2022
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Argentina (FOB) - 2022
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Argentina (CIF) - 2022
- Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Argentina
- Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Argentina
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Argentina (FOB) - 2022
In 2022, the average export price for pig fat; lard, other than that of heading 0209 and 1503s amounted to $1,734 per ton, dropping by -4.3% against the previous year. Over the period under review, the export price, however, saw a slight expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 28% against the previous year. As a result, the export price reached the peak level of $1,811 per ton, and then declined modestly in the following year.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($1,792 per ton), while the average price for exports to Chile stood at $1,402 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+3.3%).
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Argentina (CIF) - 2022
The average import price for pig fat; lard, other than that of heading 0209 and 1503s stood at $2,467 per ton in 2022, surging by 10% against the previous year. Overall, the import price saw strong growth. The most prominent rate of growth was recorded in 2019 an increase of 110% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($8,533 per ton), while the price for the United States amounted to $2,132 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+26.2%).
Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Argentina
For the third year in a row, Argentina recorded decline in overseas shipments of pig fat; lard, other than that of heading 0209 and 1503s, which decreased by -35% to 51 tons in 2022. In general, exports showed a dramatic downturn. The smallest decline of -5.1% was in 2021.
In value terms, exports of pig fat; lard, other than that of heading 0209 and 1503s reduced sharply to $88K in 2022. Over the period under review, exports showed a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 22%.
| Export of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 143 | 108 | 132 | 77.4 | -18.5% |
| Chile | 74.8 | 7.8 | 9.1 | 10.5 | -48.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 217 | 116 | 141 | 87.9 | -26.0% |
Top Export Markets for Pig Fat; Lard, Other than That of Heading 0209 and 1503 from Argentina in 2022:
- Bolivia (43.2 tons)
- Chile (7.5 tons)
Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Argentina
In 2022, imports of pig fat; lard, other than that of heading 0209 and 1503s into Argentina shrank notably to 287 kg, declining by -24.5% compared with the previous year. In general, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 214%. As a result, imports attained the peak of 380 kg, and then plummeted in the following year.
In value terms, imports of pig fat; lard, other than that of heading 0209 and 1503s declined rapidly to $708 in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 355%. As a result, imports attained the peak of $850, and then dropped sharply in the following year.
| Import of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Argentina (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 218 | 176 | 669 | 580 | 38.6% |
| Brazil | 17.0 | 11.0 | 181 | 128 | 96.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 235 | 187 | 850 | 708 | 44.4% |
Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to Argentina in 2022:
- United States (272.0 kg)
- Brazil (15.0 kg)
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