Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Brazil - 2024
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Brazil (FOB) - 2022
- Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Brazil
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Brazil (FOB) - 2022
The average export price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $1,501 per ton in 2022, waning by -68.3% against the previous year. Over the period under review, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of 60%. As a result, the export price attained the peak level of $6,332 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2014 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.
Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Brazil
For the fourth year in a row, Brazil recorded growth in shipments abroad of pig fat; not lard, other than that of heading 0209 or 1503s, which increased by 234,469% to 1K tons in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of pig fat; not lard, other than that of heading 0209 or 1503s surged to $1.5M in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | N/A | N/A | 1.5 | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | N/A | N/A | N/A | 1.5 | 0% |
Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from Brazil in 2022:
- United States (1008.1 tons)
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In July 2023, the price of Lard reached $1,750 per ton (FOB, Brazil), showing a 2.3% increase compared to the previous month.
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
In July 2023, the price of Lard reached $1,750 per ton (FOB, Brazil), showing a 2.3% increase compared to the previous month.
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