Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Bulgaria - 2024
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Bulgaria (FOB) - 2022
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Bulgaria (CIF) - 2022
- Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Bulgaria
- Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Bulgaria
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Bulgaria (FOB) - 2022
The average export price for pig fat; lard, other than that of heading 0209 and 1503s stood at $475 per ton in 2022, dropping by -54.7% against the previous year. In general, the export price recorded a abrupt setback. The growth pace was the most rapid in 2020 an increase of 79%. Over the period under review, the average export prices attained the peak figure at $1,717 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Greece.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +22.7% per year.
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Bulgaria (CIF) - 2022
The average import price for pig fat; lard, other than that of heading 0209 and 1503s stood at $1,674 per ton in 2022, picking up by 22% against the previous year. Over the period under review, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 116% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Greece ($1,747 per ton), while the price for Croatia stood at $1,668 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Bulgaria
Exports of pig fat; lard, other than that of heading 0209 and 1503s from Bulgaria soared to 254 tons in 2022, surging by 479% on the previous year's figure. In general, exports posted prominent growth. The growth pace was the most rapid in 2021 with an increase of 1,415% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of pig fat; lard, other than that of heading 0209 and 1503s surged to $121K in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 1,898% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 120 | 3.2 | 13.2 | 116 | -1.1% |
| France | N/A | N/A | 50.0 | 0.1 | -99.8% |
| Others | N/A | N/A | N/A | 4.6 | 0% |
| Total | 120 | 3.2 | 63.2 | 121 | 0.3% |
Top Export Markets for Pig Fat; Lard, Other than That of Heading 0209 and 1503 from Bulgaria in 2022:
- Greece (252.8 tons)
Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Bulgaria
For the third year in a row, Bulgaria recorded decline in supplies from abroad of pig fat; lard, other than that of heading 0209 and 1503s, which decreased by -9% to 36 tons in 2022. Overall, imports recorded a precipitous shrinkage.
In value terms, imports of pig fat; lard, other than that of heading 0209 and 1503s expanded rapidly to $60K in 2022. In general, imports recorded a mild decrease.
| Import of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 8.8 | 48.7 | 53.5 | 58.9 | 88.5% |
| Greece | 53.9 | 3.2 | N/A | 1.0 | -73.5% |
| Serbia | N/A | 15.2 | N/A | N/A | 0% |
| Others | N/A | 0.9 | 0.8 | 0.4 | -33.3% |
| Total | 62.7 | 67.9 | 54.2 | 60.3 | -1.3% |
Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to Bulgaria in 2022:
- Croatia (35.3 tons)
- Greece (0.5 tons)
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