Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Australia - 2022
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Australia (FOB) - 2022
- Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Australia
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Australia (FOB) - 2022
In 2022, the average export price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $42,026 per ton, standing approx. at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 42% against the previous year. As a result, the export price attained the peak level of $55,168 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bhutan ($38,000 per ton), while the average price for exports to Singapore amounted to $33,000 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+504.2%).
Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Australia
After two years of decline, overseas shipments of pig fat; not lard, other than that of heading 0209 or 1503s decreased by 0% to 2 kg in 2022. Over the period under review, exports faced a precipitous shrinkage. The smallest decline of 99.9% was in 2020.
In value terms, exports of pig fat; not lard, other than that of heading 0209 or 1503s stood at $71 in 2022. In general, exports saw a precipitous decline. The smallest decline of 99.9% was in 2020.
Export of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bhutan | N/A | N/A | N/A | N/A | 0% |
Singapore | N/A | N/A | N/A | N/A | 0% |
Canada | 34.5 | N/A | N/A | N/A | 0% |
Others | 3.8 | N/A | N/A | N/A | 0% |
Total | 38.3 | N/A | N/A | 0.1 | -86.2% |
Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from Australia in 2022:
- Bhutan (1.0 kg)
- Singapore (1.0 kg)
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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