Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Argentina - 2022
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Argentina (CIF) - 2022
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Argentina
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Argentina (CIF) - 2022
The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $2,718 per ton in 2022, picking up by 66% against the previous year. Over the period under review, the import price saw buoyant growth. The pace of growth was the most pronounced in 2021 an increase of 115%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +15.3% per year.
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Argentina
In 2022, approx. 3.3 tons of pig fat; not lard, other than that of heading 0209 or 1503s were imported into Argentina; which is down by -80.8% on 2021. Overall, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 81%.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s shrank dramatically to $8.9K in 2022. Over the period under review, imports saw a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 313% against the previous year. As a result, imports reached the peak of $30K, and then declined significantly in the following year.
Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 15.1 | 7.2 | 29.8 | 8.9 | -16.2% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 15.1 | 7.2 | 29.8 | 8.9 | -16.2% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Argentina in 2022:
- United States (3.3 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