Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Sweden - 2024
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Sweden (FOB) - 2024
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Sweden (CIF) - 2022
- Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Sweden
- Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Sweden
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Sweden (FOB) - 2024
The average export price for pig fat; lard, other than that of heading 0209 and 1503s stood at $942 per ton in January 2024, reducing by -12.5% against the previous month. Overall, the export price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in August 2023 an increase of 9.3% month-to-month. The export price peaked at $1,197 per ton in March 2023; however, from April 2023 to January 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In January 2024, the country with the highest price was Slovakia ($1,356 per ton), while the average price for exports to Denmark ($513 per ton) was amongst the lowest.
From March 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Sweden (CIF) - 2022
In 2022, the average import price for pig fat; lard, other than that of heading 0209 and 1503s amounted to $1,699 per ton, reducing by -36% against the previous year. In general, the import price, however, saw a strong expansion. The pace of growth appeared the most rapid in 2019 an increase of 165%. The import price peaked at $2,655 per ton in 2021, and then dropped markedly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($2,044 per ton), while the price for Denmark ($1,692 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+32.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Sweden
Exports of pig fat; lard, other than that of heading 0209 and 1503s from Sweden expanded sharply to 5K tons in 2022, growing by 10% compared with the year before. The total export volume increased at an average annual rate of +14.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of pig fat; lard, other than that of heading 0209 and 1503s soared to $7.4M in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 61%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 366 | 1,305 | 3,445 | 5,946 | 153.3% |
| Lithuania | 265 | 437 | 358 | 700 | 38.2% |
| Slovakia | 138 | 482 | 571 | 579 | 61.3% |
| Denmark | 557 | 209 | 39.9 | 123 | -39.6% |
| France | 649 | 853 | 264 | N/A | -36.2% |
| Poland | 173 | N/A | 91.6 | N/A | -27.2% |
| Others | 94.8 | 44.1 | 578 | 3.7 | -66.1% |
| Total | 2,243 | 3,330 | 5,348 | 7,351 | 48.5% |
Top Export Markets for Pig Fat; Lard, Other than That of Heading 0209 and 1503 from Sweden in 2022:
- Netherlands (4.0K tons)
- Slovakia (0.4K tons)
- Lithuania (0.4K tons)
- Denmark (0.1K tons)
Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Sweden
Imports of pig fat; lard, other than that of heading 0209 and 1503s into Sweden soared to 324 tons in 2022, rising by 1,003% against 2021 figures. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of pig fat; lard, other than that of heading 0209 and 1503s soared to $550K in 2022. In general, imports enjoyed a significant increase. 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 Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 60.5 | 54.6 | 56.7 | 476 | 98.9% |
| China | N/A | N/A | N/A | 61.8 | 0% |
| Poland | 6.9 | 2.3 | 5.8 | 12.4 | 21.6% |
| Others | N/A | N/A | 14.4 | N/A | 0% |
| Total | 67.3 | 56.9 | 77.0 | 550 | 101.4% |
Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to Sweden in 2022:
- Denmark (281.2 tons)
- China (36.4 tons)
- Poland (6.1 tons)
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