Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Romania - 2024
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Romania (FOB) - 2022
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Romania (CIF) - 2022
- Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Romania
- Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Romania
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Romania (FOB) - 2022
The average export price for pig fat; lard, other than that of heading 0209 and 1503s stood at $1,173 per ton in 2022, rising by 14% against the previous year. In general, the export price saw a notable expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 268% against the previous year. The export price peaked at $2,216 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($2,682 per ton), while the average price for exports to Slovakia ($854 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Romania (CIF) - 2022
In 2022, the average import price for pig fat; lard, other than that of heading 0209 and 1503s amounted to $1,887 per ton, growing by 3% against the previous year. Overall, the import price posted a prominent expansion. The growth pace was the most rapid in 2021 an increase of 113% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
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 Bulgaria ($2,782 per ton), while the price for Poland ($1,347 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Romania
In 2022, exports of pig fat; lard, other than that of heading 0209 and 1503s from Romania fell to 862 tons, which is down by -9.3% on the previous year. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 13,790% against the previous year. As a result, the exports attained the peak of 950 tons, and then dropped in the following year.
In value terms, exports of pig fat; lard, other than that of heading 0209 and 1503s contracted modestly to $1M in 2022. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 6,807%. As a result, the exports reached the peak of $1M, and then shrank slightly in the following year.
| Export of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | N/A | N/A | 478 | 590 | 23.4% |
| Hungary | 0.1 | N/A | 308 | 276 | 1302.7% |
| Germany | 1.3 | 0.7 | 167 | 50.8 | 239.3% |
| Netherlands | N/A | N/A | N/A | 44.0 | 0% |
| United Kingdom | 7.4 | 10.0 | 26.1 | 38.2 | 72.8% |
| Lithuania | N/A | N/A | 43.1 | 19.9 | -53.8% |
| Slovakia | N/A | N/A | 24.4 | 5.7 | -76.6% |
| Others | 5.2 | 4.5 | 1.1 | 11.1 | 28.8% |
| Total | 13.9 | 15.2 | 1,047 | 1,036 | 320.8% |
Top Export Markets for Pig Fat; Lard, Other than That of Heading 0209 and 1503 from Romania in 2022:
- Bulgaria (505.9 tons)
- Hungary (242.0 tons)
- Germany (36.2 tons)
- Netherlands (25.2 tons)
- Lithuania (21.7 tons)
- United Kingdom (14.5 tons)
- Slovakia (6.7 tons)
Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Romania
In 2022, the amount of pig fat; lard, other than that of heading 0209 and 1503s imported into Romania surged to 472 tons, growing by 31% against the year before. Overall, imports showed a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 180%. As a result, imports attained the peak of 964 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of pig fat; lard, other than that of heading 0209 and 1503s soared to $900K in 2022. Over the period under review, imports saw prominent growth. As a result, imports reached 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 Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 234 | 818 | 467 | 800 | 50.6% |
| Bulgaria | 7.2 | 4.3 | 10.6 | 28.8 | 58.7% |
| Poland | 7.0 | 5.4 | 8.0 | 22.2 | 46.9% |
| Italy | 232 | N/A | N/A | 0.1 | -92.4% |
| Others | 42.4 | 0.9 | 23.5 | 49.1 | 5.0% |
| Total | 522 | 828 | 509 | 900 | 19.9% |
Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to Romania in 2022:
- Hungary (439.7 tons)
- Poland (16.4 tons)
- Bulgaria (10.4 tons)
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