Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in the Dominican Republic - 2023
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in the Dominican Republic (CIF) - 2022
- Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in the Dominican Republic
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in the Dominican Republic (CIF) - 2022
The average import price for pig fat; lard, other than that of heading 0209 and 1503s stood at $4,364 per ton in 2022, picking up by 21% against the previous year. Over the period under review, the import price posted strong growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 29% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($7,255 per ton), while the price for the United States amounted to $2,043 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+26.5%).
Imports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in the Dominican Republic
For the third year in a row, the Dominican Republic recorded growth in supplies from abroad of pig fat; lard, other than that of heading 0209 and 1503s, which increased by 221% to 4 tons in 2022. Over the period under review, imports continue to indicate a significant expansion. 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 $13K in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained 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 the Dominican Republic (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Spain | 0.6 | 1.1 | 7.1 | 244.0% |
| United States | 3.0 | 3.3 | 6.1 | 42.6% |
| Others | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 3.7 | 4.5 | 13.3 | 89.6% |
Top Suppliers of Pig Fat; Lard, Other than That of Heading 0209 and 1503 to the Dominican Republic in 2022:
- United States (3.0 tons)
- Spain (1.0 tons)
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