Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Belarus - 2022
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Belarus (FOB) - 2022
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Belarus (CIF) - 2022
- Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Belarus
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Belarus
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Belarus (FOB) - 2022
In 2022, the average export price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $1,438 per ton, stabilizing at the previous year. Overall, the export price, however, showed notable growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 109% against the previous year. As a result, the export price reached the peak level of $1,438 per ton, leveling off in the following year.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +3.2% per year.
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Belarus (CIF) - 2022
In 2022, the average import price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $12,143 per ton, rising by 12% against the previous year. Over the period under review, the import price saw significant growth. The growth pace was the most rapid in 2018 when the average import price increased by 85% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +27.5% per year.
Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Belarus
After three years of growth, overseas shipments of pig fat; not lard, other than that of heading 0209 or 1503s decreased by -25.8% to 320 tons in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 140% against the previous year.
In value terms, exports of pig fat; not lard, other than that of heading 0209 or 1503s totaled $460K in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 131%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 109 | 239 | 458 | 460 | 61.6% |
| Others | N/A | 12.0 | N/A | N/A | 0% |
| Total | 109 | 251 | 458 | 460 | 61.6% |
Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from Belarus in 2022:
- Russia (319.7 tons)
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Belarus
In 2022, the amount of pig fat; not lard, other than that of heading 0209 or 1503s imported into Belarus reduced dramatically to 14 kg, shrinking by -17.6% compared with the previous year's figure. Over the period under review, imports continue to indicate a deep reduction.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s dropped to $170 in 2022. In general, imports saw a abrupt decrease.
| Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Belarus (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 229 | 200 | 184 | 170 | -9.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 229 | 200 | 184 | 170 | -9.5% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Belarus in 2022:
- Russia (14.0 kg)
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