Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Bolivia - 2024
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Bolivia (CIF) - 2022
- Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Bolivia
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Bolivia (CIF) - 2022
The average import price for pig fat; lard, other than that of heading 0209 and 1503s stood at $1,734 per ton in 2022, picking up by 20% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pig fat; lard, other than that of heading 0209 and 1503s increased by +68.9% against 2015 indices. The most prominent rate of growth was recorded in 2021 an increase of 28% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($1,734 per ton), while the price for Brazil amounted to $1,734 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.1%).
Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Bolivia
In 2022, purchases abroad of pig fat; lard, other than that of heading 0209 and 1503s decreased by -22.1% to 1.7K tons, falling for the second year in a row after two years of growth. In general, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year. As a result, imports reached the peak of 2.9K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of pig fat; lard, other than that of heading 0209 and 1503s reduced to $3M in 2022. Overall, imports, however, saw slight growth. The most prominent rate of growth was recorded in 2020 with an increase of 14%. As a result, imports reached the peak of $3.3M. 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 Bolivia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2.8 | 3.2 | 3.1 | 2.9 | 1.2% |
| Argentina | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.9 | 3.3 | 3.2 | 3.0 | 1.1% |
Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to Bolivia in 2022:
- Brazil (1667.8 tons)
- Argentina (50.7 tons)
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