Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Estonia - 2024
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Estonia (CIF) - 2022
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Estonia (FOB) - 2022
- Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Estonia
- Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Estonia
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Estonia (CIF) - 2022
The average import price for pig fat; lard, other than that of heading 0209 and 1503s stood at $2,174 per ton in 2022, declining by -81.3% against the previous year. In general, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 608%. The import price peaked at $14,500 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($2,214 per ton), while the price for Latvia totaled $1,575 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+57.5%).
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Estonia (FOB) - 2022
In 2022, the average export price for pig fat; lard, other than that of heading 0209 and 1503s amounted to $934 per ton, with a decrease of -90.4% against the previous year. Overall, the export price continues to indicate a dramatic slump. Over the period under review, the average export prices attained the maximum at $9,717 per ton in 2021, and then dropped markedly in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($1,000 per ton), while the average price for exports to Latvia ($333 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (-42.6%).
Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Estonia
In 2022, the amount of pig fat; lard, other than that of heading 0209 and 1503s imported into Estonia skyrocketed to 3.1 tons, picking up by 3,211% on 2021 figures. Overall, imports, however, recorded a sharp decrease.
In value terms, imports of pig fat; lard, other than that of heading 0209 and 1503s soared to $6.8K in 2022. Over the period under review, imports, however, faced a sharp decline.
| Import of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 21.1 | 43.3 | 0.2 | 6.3 | -33.2% |
| Latvia | N/A | N/A | N/A | 0.4 | 0% |
| Others | N/A | 0.2 | N/A | 0.1 | -29.3% |
| Total | 21.1 | 43.5 | 0.2 | 6.8 | -31.4% |
Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to Estonia in 2022:
- Poland (2.9 tons)
- Latvia (0.2 tons)
Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Estonia
In 2022, approx. 5 kg of pig fat; lard, other than that of heading 0209 and 1503s were exported from Estonia; jumping by 150% on 2021 figures. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak 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 reduced markedly to $3 in 2022. Over the period under review, exports, however, saw a dramatic decline.
| Export of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Estonia (USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Netherlands | 1.0 | 1.0 | 0.0% |
| Czech Republic | N/A | 1.0 | 0% |
| Latvia | 9.0 | 1.0 | -88.9% |
| Others | N/A | N/A | 0% |
| Total | 10.0 | 3.0 | -70.0% |
Top Export Markets for Pig Fat; Lard, Other than That of Heading 0209 and 1503 from Estonia in 2022:
- Latvia (3.0 kg)
- Netherlands (1.0 kg)
- Czech Republic (1.0 kg)
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