Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Croatia - 2024
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Croatia (FOB) - 2022
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Croatia (CIF) - 2022
- Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Croatia
- Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Croatia
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Croatia (FOB) - 2022
The average export price for pig fat; lard, other than that of heading 0209 and 1503s stood at $1,276 per ton in 2022, jumping by 42% against the previous year. Over the period under review, the export price, however, saw a deep reduction. The export price peaked at $2,189 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($2,666 per ton), while the average price for exports to Slovakia ($639 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+68.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Croatia (CIF) - 2022
In 2022, the average import price for pig fat; lard, other than that of heading 0209 and 1503s amounted to $1,240 per ton, which is down by -36.1% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 18% against the previous year. The import price peaked at $4,821 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Italy ($2,338 per ton), while the price for Montenegro totaled $482 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+37.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Croatia
In 2022, exports of pig fat; lard, other than that of heading 0209 and 1503s from Croatia rose markedly to 666 tons, with an increase of 14% on the year before. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 56%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of pig fat; lard, other than that of heading 0209 and 1503s surged to $614K in 2022. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 100% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 235 | 193 | 438 | 330 | 12.0% |
| Italy | N/A | N/A | 12.7 | 129 | 915.7% |
| Bulgaria | 8.2 | 45.5 | 53.2 | 67.7 | 102.1% |
| Bosnia and Herzegovina | 23.8 | 11.3 | 14.9 | 61.2 | 37.0% |
| Others | 1.9 | 12.7 | 6.7 | 26.0 | 139.2% |
| Total | 269 | 262 | 525 | 614 | 31.7% |
Top Export Markets for Pig Fat; Lard, Other than That of Heading 0209 and 1503 from Croatia in 2022:
- Slovakia (516.8 tons)
- Italy (82.1 tons)
- Bosnia and Herzegovina (25.6 tons)
- Bulgaria (25.4 tons)
Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Croatia
In 2022, the amount of pig fat; lard, other than that of heading 0209 and 1503s imported into Croatia soared to 13 tons, picking up by 795% on 2021. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 1,631% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of pig fat; lard, other than that of heading 0209 and 1503s soared to $16K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 2,088%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.2 | 0.1 | 0.5 | 12.0 | 291.5% |
| Montenegro | N/A | N/A | 1.6 | 3.6 | 125.0% |
| Serbia | N/A | N/A | 0.8 | N/A | 0% |
| Others | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Total | 0.4 | 0.1 | 3.0 | 15.6 | 239.1% |
Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to Croatia in 2022:
- Montenegro (7.4 tons)
- Italy (5.1 tons)
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