Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Slovakia - 2023
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Slovakia (CIF) - 2023
- Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Slovakia
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Slovakia (CIF) - 2023
In December 2023, the average import price for pig fat; lard, other than that of heading 0209 and 1503s amounted to $508 per ton, dropping by -14.7% against the previous month. Overall, the import price saw a pronounced decrease. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 16% m-o-m. The import price peaked at $954 per ton in January 2023; however, from February 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Poland ($1,803 per ton), while the price for Hungary ($375 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (+0.9%), 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 Slovakia
For the fourth year in a row, Slovakia recorded growth in overseas purchases of pig fat; lard, other than that of heading 0209 and 1503s, which increased by 14% to 29K tons in 2022. The total import volume increased at an average annual rate of +12.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of pig fat; lard, other than that of heading 0209 and 1503s skyrocketed to $23M in 2022. Over the period under review, imports continue to indicate significant 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 Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 2.2 | 2.6 | 5.3 | 9.9 | 65.1% |
| Hungary | 2.9 | 2.7 | 4.1 | 5.3 | 22.3% |
| Czech Republic | 0.3 | 0.6 | 1.0 | 3.7 | 131.0% |
| Poland | 0.4 | 1.0 | 1.2 | 2.3 | 79.2% |
| Germany | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
| Croatia | 0.2 | 0.2 | 0.3 | N/A | 22.5% |
| Others | 0.2 | 0.6 | 0.6 | 1.3 | 86.6% |
| Total | 6.3 | 7.8 | 12.7 | 23.0 | 54.0% |
Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to Slovakia in 2022:
- Austria (12.9K tons)
- Hungary (11.3K tons)
- Czech Republic (1.9K tons)
- Poland (1.4K tons)
- Germany (0.6K tons)
- Croatia (0.1K tons)
213
This report provides an in-depth analysis of the rendered pig fat market in Slovakia.
477
This report provides an in-depth analysis of the lard market in Slovakia.
746
This report provides an in-depth analysis of the global rendered pig fat market.
2855
This report provides an in-depth analysis of the global lard market.
916
Global Poultry Fat Market Report 2018. This report provides an in-depth analysis of the global poultry fat market.
213
This report provides an in-depth analysis of the rendered pig fat market in Slovakia.
477
This report provides an in-depth analysis of the lard market in Slovakia.
746
This report provides an in-depth analysis of the global rendered pig fat market.
2855
This report provides an in-depth analysis of the global lard market.
746
Driven by increasing demand for lard in China, the world market is expected to continue an upward consumption trend over the next seven-year period.
4143
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
4000
In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.
2321
The U.S. dominates in the global lard trade. In 2014, the U.S. exported X thousand tons of lard totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total lard exports in value t
746
Driven by increasing demand for lard in China, the world market is expected to continue an upward consumption trend over the next seven-year period.
4143
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
4000
In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.
2321
The U.S. dominates in the global lard trade. In 2014, the U.S. exported X thousand tons of lard totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total lard exports in value t
