Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Brazil - 2024

Contents:

  1. Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Brazil (FOB) - 2022
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A1.50%
OthersN/AN/AN/AN/A0%
TotalN/AN/AN/A1.50%

Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from Brazil in 2022:

  1. United States (1008.1 tons)

Source: IndexBox Market Intelligence Platform

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