Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Kazakhstan - 2022

Contents:

  1. Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Kazakhstan (CIF) - 2022
  2. Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Kazakhstan

Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Kazakhstan (CIF) - 2022

In 2022, the average import price for pig fat; lard, other than that of heading 0209 and 1503s amounted to $8,241 per ton, with an increase of 514% against the previous year. In general, the import price continues to indicate a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -4.6% per year.

Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Kazakhstan

In 2022, the amount of pig fat; lard, other than that of heading 0209 and 1503s imported into Kazakhstan soared to 3.5 tons, surging by 31% against 2021 figures. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 1,498%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of pig fat; lard, other than that of heading 0209 and 1503s soared to $7.9K in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 959% against the previous year. Imports peaked 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 Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.44.23.67.9170.3%
OthersN/AN/AN/AN/A0%
Total0.44.33.67.9170.3%

Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to Kazakhstan in 2022:

  1. Russia (3.5 tons)

Source: IndexBox Market Intelligence Platform

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