Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ukraine - 2024
Contents:
- Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ukraine (FOB) - 2022
- Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ukraine
Price for Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ukraine (FOB) - 2022
In 2022, the average export price for pig fat; lard, other than that of heading 0209 and 1503s amounted to $1,069 per ton, remaining constant against the previous year. Over the period under review, the export price, however, saw a deep contraction. The growth pace was the most rapid in 2021 an increase of 51%. Over the period under review, the average export prices reached the peak figure at $3,400 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($1,162 per ton), while the average price for exports to Poland totaled $1,014 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+12.0%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ukraine
For the fourth consecutive year, Ukraine recorded growth in overseas shipments of pig fat; lard, other than that of heading 0209 and 1503s, which increased by 0.8% to 349 tons in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 77% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of pig fat; lard, other than that of heading 0209 and 1503s stood at $374K in 2022. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 84% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Pig Fat; Lard, Other than That of Heading 0209 and 1503 in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | 25.0 | 222 | 788.0% |
| Slovakia | 114 | 210 | 343 | 152 | 10.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 114 | 210 | 368 | 374 | 48.6% |
Top Export Markets for Pig Fat; Lard, Other than That of Heading 0209 and 1503 from Ukraine in 2022:
- Poland (218.6 tons)
- Slovakia (130.8 tons)
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