Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ireland - 2024
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ireland (CIF) - 2022
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ireland (FOB) - 2022
- Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ireland
- Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ireland
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ireland (CIF) - 2022
In 2022, the average import price for pig fat; lard, other than that of heading 0209 and 1503s amounted to $1,221 per ton, reducing by -59.3% against the previous year. Over the period under review, the import price, however, posted a mild increase. The pace of growth appeared the most rapid in 2016 an increase of 272% against the previous year. Over the period under review, average import prices reached the maximum at $2,997 per ton in 2021, and then contracted remarkably in the following year.
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 France ($5,158 per ton), while the price for Belgium ($1,100 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.2%), while the prices for the other major suppliers experienced a decline.
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ireland (FOB) - 2022
The average export price for pig fat; lard, other than that of heading 0209 and 1503s stood at $2,479 per ton in 2022, declining by -47% against the previous year. In general, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 845% against the previous year. Over the period under review, the average export prices attained the peak figure at $7,666 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($1,940 per ton), while the average price for exports to the UK totaled $567 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-9.6%).
Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ireland
After two years of decline, supplies from abroad of pig fat; lard, other than that of heading 0209 and 1503s increased by 1,791% to 1.3K tons in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of pig fat; lard, other than that of heading 0209 and 1503s soared to $1.5M in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | N/A | 1,287 | 0% |
| Poland | 106 | 112 | 118 | 121 | 4.5% |
| France | 33.8 | 13.1 | 20.2 | 48.6 | 12.9% |
| United Kingdom | 147 | 85.5 | 0.8 | 29.6 | -41.4% |
| Others | 24.0 | 44.5 | 58.8 | 42.8 | 21.3% |
| Total | 311 | 255 | 198 | 1,529 | 70.0% |
Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to Ireland in 2022:
- Belgium (1169.5 tons)
- Poland (43.3 tons)
- United Kingdom (18.6 tons)
- France (9.4 tons)
Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ireland
In 2022, exports of pig fat; lard, other than that of heading 0209 and 1503s from Ireland skyrocketed to 66 tons, increasing by 1,295% on the previous year's figure. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 2,417%. As a result, the exports reached the peak of 91 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of pig fat; lard, other than that of heading 0209 and 1503s surged to $79K in 2022. Overall, exports showed a significant expansion.
| Export of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | N/A | N/A | N/A | 58.9 | 0% |
| United Kingdom | 6.6 | 90.9 | 5.3 | 20.1 | 44.9% |
| South Korea | 4.7 | 11.9 | N/A | N/A | 153.2% |
| Germany | N/A | 38.3 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.3 | 141 | 5.3 | 79.0 | 91.2% |
Top Export Markets for Pig Fat; Lard, Other than That of Heading 0209 and 1503 from Ireland in 2022:
- United Kingdom (35.4 tons)
- Philippines (30.4 tons)
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