Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Slovenia - 2024
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Slovenia (FOB) - 2022
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Slovenia (CIF) - 2022
- Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Slovenia
- Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Slovenia
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Slovenia (FOB) - 2022
In 2022, the average export price for pig fat; lard, other than that of heading 0209 and 1503s amounted to $1,575 per ton, picking up by 12% against the previous year. Over the period under review, the export price, however, showed a pronounced slump. The pace of growth appeared the most rapid in 2020 an increase of 64% against the previous year. The export price peaked at $2,151 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Croatia ($1,895 per ton), while the average price for exports to Slovakia ($662 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 Croatia (+12.3%), 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 Slovenia (CIF) - 2022
The average import price for pig fat; lard, other than that of heading 0209 and 1503s stood at $1,135 per ton in 2022, dropping by -32.1% against the previous year. Over the period under review, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 169% against the previous year. Over the period under review, average import prices hit record highs at $2,034 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($1,326 per ton), while the price for Croatia ($954 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+13.7%), 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 Slovenia
In 2022, after three years of growth, there was significant decline in overseas shipments of pig fat; lard, other than that of heading 0209 and 1503s, when their volume decreased by -61.6% to 1K tons. Over the period under review, exports saw a perceptible shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 79%.
In value terms, exports of pig fat; lard, other than that of heading 0209 and 1503s declined sharply to $1.6M in 2022. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 193% against the previous year.
Export of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Slovenia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Serbia | N/A | 1,733 | 3,110 | 993 | -24.3% |
Italy | 677 | 273 | 514 | 470 | -11.5% |
Croatia | 0.6 | 10.0 | 20.4 | 78.0 | 406.6% |
Slovakia | 0.5 | 16.4 | 15.6 | 33.8 | 307.4% |
Others | 21.8 | 20.5 | 8.0 | 8.9 | -25.8% |
Total | 700 | 2,053 | 3,667 | 1,584 | 31.3% |
Top Export Markets for Pig Fat; Lard, Other than That of Heading 0209 and 1503 from Slovenia in 2022:
- Serbia (558.6 tons)
- Italy (349.9 tons)
- Slovakia (51.0 tons)
- Croatia (41.2 tons)
Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Slovenia
In 2022, approx. 288 tons of pig fat; lard, other than that of heading 0209 and 1503s were imported into Slovenia; which is down by -54.5% compared with 2021. In general, imports faced a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 108% against the previous year.
In value terms, imports of pig fat; lard, other than that of heading 0209 and 1503s dropped significantly to $327K in 2022. Overall, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 216% against the previous year. As a result, imports attained the peak of $599K, and then shrank markedly in the following year.
Import of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Slovenia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Romania | 99.8 | 28.3 | 29.2 | 117 | 5.4% |
Croatia | 321 | 89.6 | 104 | 108 | -30.4% |
Hungary | 147 | 70.9 | 464 | 100 | -12.1% |
Others | 3.3 | 0.9 | 1.5 | 2.7 | -6.5% |
Total | 571 | 190 | 599 | 327 | -17.0% |
Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to Slovenia in 2022:
- Croatia (112.8 tons)
- Romania (98.3 tons)
- Hungary (75.7 tons)
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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.
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.
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
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.
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.
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