Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Nigeria - 2022
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Nigeria (CIF) - 2022
- Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Nigeria
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Nigeria (CIF) - 2022
The average import price for pig fat; lard, other than that of heading 0209 and 1503s stood at $10,200 per ton in 2022, remaining constant against the previous year. Over the period under review, the import price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2017 an increase of 188%. The import price peaked in 2022 and is likely to see steady growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2015 to 2022, the rate of growth in terms of prices for China amounted to +46.4% per year.
Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Nigeria
In 2022, after two years of decline, there was decline in overseas purchases of pig fat; lard, other than that of heading 0209 and 1503s, when their volume decreased by 0% to 20 kg. Overall, imports faced a precipitous slump. The smallest decline of 99.9% was in 2020.
In value terms, imports of pig fat; lard, other than that of heading 0209 and 1503s totaled $204 in 2022. Over the period under review, imports saw a dramatic decline. The smallest decline of 99.9% was in 2020.
| Import of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 0.2 | 0% |
| Japan | 0.1 | N/A | N/A | N/A | 0% |
| United Kingdom | 6.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.9 | N/A | N/A | 0.2 | -69.3% |
Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to Nigeria in 2022:
- China (20.0 kg)
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