Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Panama - 2024
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Panama (CIF) - 2022
- Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Panama
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Panama (CIF) - 2022
In 2022, the average import price for pig fat; lard, other than that of heading 0209 and 1503s amounted to $836 per ton, leveling off at the previous year. In general, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2021 when the average import price decreased by 99.9%. Over the period under review, average import prices reached the maximum at $2,489 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 Spain ($2,889 per ton), while the price for Canada ($851 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-1.7%), while the prices for the other major suppliers experienced a decline.
Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Panama
In 2022, the amount of pig fat; lard, other than that of heading 0209 and 1503s imported into Panama totaled 1.8 tons, approximately reflecting 2021. Over the period under review, imports enjoyed a noticeable expansion. The smallest decline of 99.9% was in 2021. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of pig fat; lard, other than that of heading 0209 and 1503s totaled $1.6K in 2022. Overall, imports continue to indicate a dramatic slump. The smallest decline of 99.9% was in 2021.
| Import of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Panama (USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Canada | 3,676 | N/A | 1,511 | -35.9% |
| United States | 100 | N/A | 64.0 | -20.0% |
| Spain | 464 | N/A | 26.0 | -76.3% |
| Others | 11.0 | N/A | 15.0 | 16.8% |
| Total | 4,251 | N/A | 1,616 | -38.3% |
Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to Panama in 2022:
- Canada (1776.0 kg)
- United States (42.0 kg)
- Spain (9.0 kg)
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