Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Greece - 2023
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Greece (CIF) - 2022
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Greece (FOB) - 2022
- Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Greece
- Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Greece
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Greece (CIF) - 2022
In 2022, the average import price for pig fat; lard, other than that of heading 0209 and 1503s amounted to $6,103 per ton, jumping by 818% against the previous year. Overall, the import price continues to indicate significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($6,035 per ton), while the price for Germany amounted to $2,891 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Greece (FOB) - 2022
In 2022, the average export price for pig fat; lard, other than that of heading 0209 and 1503s amounted to $7,895 per ton, leveling off at the previous year. Over the period under review, the export price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 416% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Romania.
From 2012 to 2022, the rate of growth in terms of prices for Bulgaria amounted to -1.5% per year.
Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Greece
For the third consecutive year, Greece recorded decline in purchases abroad of pig fat; lard, other than that of heading 0209 and 1503s, which decreased by -47.7% to 25 tons in 2022. In general, imports continue to indicate a precipitous shrinkage.
In value terms, imports of pig fat; lard, other than that of heading 0209 and 1503s skyrocketed to $142K in 2022. Over the period under review, imports continue to indicate a dramatic setback.
Import of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | N/A | 7.6 | 132 | 1636.8% |
Germany | 1.6 | N/A | 1.1 | 8.7 | 75.8% |
Bulgaria | 45.3 | 4.0 | N/A | N/A | -91.2% |
Belgium | 818 | 40.8 | N/A | N/A | -95.0% |
Romania | 2,246 | 871 | 22.5 | N/A | -90.0% |
Others | 0.5 | 2.8 | 0.6 | 1.4 | 40.9% |
Total | 3,111 | 918 | 31.7 | 142 | -64.3% |
Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to Greece in 2022:
- Netherlands (21.8 tons)
- Germany (3.0 tons)
Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Greece
For the third year in a row, Greece recorded decline in shipments abroad of pig fat; lard, other than that of heading 0209 and 1503s, which decreased by 0% to 684 kg in 2022. Overall, exports recorded a precipitous curtailment. The smallest decline of -99.4% was in 2020.
In value terms, exports of pig fat; lard, other than that of heading 0209 and 1503s stood at $5.4K in 2022. Over the period under review, exports showed a noticeable setback. The smallest decline of -96.8% was in 2020.
Export of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | N/A | N/A | N/A | 5.4 | 0% |
Bulgaria | 6.3 | N/A | N/A | N/A | 0% |
Others | N/A | 0.2 | N/A | N/A | 0% |
Total | 6.3 | 0.2 | N/A | 5.4 | -5.0% |
Top Export Markets for Pig Fat; Lard, Other than That of Heading 0209 and 1503 from Greece in 2022:
- Romania (684.0 kg)
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Driven by increasing demand for lard in China, the world market is expected to continue an upward consumption trend over the next seven-year period.
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.
The U.S. dominates in the global lard trade. In 2014, the U.S. exported X thousand tons of lard totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total lard exports in value t
Driven by increasing demand for lard in China, the world market is expected to continue an upward consumption trend over the next seven-year period.
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.
The U.S. dominates in the global lard trade. In 2014, the U.S. exported X thousand tons of lard totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total lard exports in value t