Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Belarus - 2022
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Belarus (FOB) - 2022
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Belarus (CIF) - 2022
- Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Belarus
- Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Belarus
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Belarus (FOB) - 2022
The average export price for pig fat; lard, other than that of heading 0209 and 1503s stood at $859 per ton in 2022, rising by 9.3% against the previous year. Over the period under review, the export price, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2014 an increase of 26% against the previous year. The export price peaked at $1,219 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -3.4% per year.
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Belarus (CIF) - 2022
In 2022, the average import price for pig fat; lard, other than that of heading 0209 and 1503s amounted to $10,200 per ton, increasing by 12% against the previous year. Over the period under review, the import price posted a prominent expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 189% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +19.9% per year.
Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Belarus
In 2022, approx. 216 tons of pig fat; lard, other than that of heading 0209 and 1503s were exported from Belarus; picking up by 5.6% compared with 2021. Overall, exports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 5.9%.
In value terms, exports of pig fat; lard, other than that of heading 0209 and 1503s skyrocketed to $186K in 2022. Over the period under review, exports, however, recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 18%.
| Export of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 272 | 136 | 161 | 186 | -11.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 272 | 136 | 161 | 186 | -11.9% |
Top Export Markets for Pig Fat; Lard, Other than That of Heading 0209 and 1503 from Belarus in 2022:
- Russia (216.5 tons)
Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Belarus
In 2022, overseas purchases of pig fat; lard, other than that of heading 0209 and 1503s decreased by -28.6% to 10 kg, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 43%. As a result, imports attained the peak of 20 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of pig fat; lard, other than that of heading 0209 and 1503s contracted rapidly to $102 in 2022. Overall, imports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2020 when imports increased by 124% against the previous year. As a result, imports reached the peak of $159. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Belarus (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 71.0 | 159 | 127 | 102 | 12.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 71.0 | 159 | 127 | 102 | 12.8% |
Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to Belarus in 2022:
- Russia (10.0 kg)
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