Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Colombia - 2022
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Colombia (CIF) - 2022
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Colombia (FOB) - 2022
- Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Colombia
- Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Colombia
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Colombia (CIF) - 2022
The average import price for pig fat; lard, other than that of heading 0209 and 1503s stood at $1,006 per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price showed a perceptible setback. The pace of growth was the most pronounced in 2013 an increase of 61% against the previous year. As a result, import price reached the peak level of $2,451 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -4.1% per year.
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Colombia (FOB) - 2022
The average export price for pig fat; lard, other than that of heading 0209 and 1503s stood at $3,983 per ton in 2022, approximately mirroring the previous year. In general, the export price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 85% against the previous year. The export price peaked at $4,000 per ton in 2017; afterwards, it flattened through to 2022.
As there is only one major export destination, the average price level is determined by prices for Aruba.
From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to +11.8% per year.
Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Colombia
After three years of growth, overseas purchases of pig fat; lard, other than that of heading 0209 and 1503s decreased by -26.2% to 12 tons in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 164% against the previous year. As a result, imports attained the peak of 17 tons, and then shrank sharply in the following year.
In value terms, imports of pig fat; lard, other than that of heading 0209 and 1503s fell significantly to $12K in 2022. In general, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 166%. As a result, imports attained the peak of $17K, and then dropped rapidly in the following year.
| Import of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 8.6 | 6.3 | 16.8 | 12.4 | 13.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.6 | 6.3 | 16.8 | 12.4 | 13.0% |
Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to Colombia in 2022:
- Canada (12.3 tons)
Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Colombia
In 2022, after two years of decline, there was significant growth in overseas shipments of pig fat; lard, other than that of heading 0209 and 1503s, when their volume increased by 512% to 349 kg. In general, exports, however, saw a sharp setback.
In value terms, exports of pig fat; lard, other than that of heading 0209 and 1503s surged to $1.4K in 2022. Over the period under review, exports, however, showed a dramatic shrinkage.
| Export of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Aruba | 2.7 | 1.2 | 0.2 | 1.4 | -19.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.7 | 1.2 | 0.2 | 1.4 | -19.7% |
Top Export Markets for Pig Fat; Lard, Other than That of Heading 0209 and 1503 from Colombia in 2022:
- Aruba (349.0 kg)
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