Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Bulgaria - 2023
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Bulgaria (FOB) - 2023
- Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Bulgaria
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Bulgaria (FOB) - 2023
In December 2023, the average export price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $738 per ton, remaining relatively unchanged against the previous month. In general, the export price, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in November 2023 an increase of 1.9% month-to-month. Over the period under review, the average export prices reached the maximum at $1,199 per ton in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Greece.
From December 2022 to December 2023, the rate of growth in terms of prices for Greece amounted to -4.0% per month.
Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Bulgaria
In 2022, approx. 1.3K tons of pig fat; not lard, other than that of heading 0209 or 1503s were exported from Bulgaria; growing by 23% compared with the year before. In general, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 639%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of pig fat; not lard, other than that of heading 0209 or 1503s soared to $1.3M in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 617% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Bulgaria (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Italy | N/A | 469 | 1,308 | 178.9% |
| Netherlands | N/A | 2.0 | 19.6 | 880.0% |
| France | 70.7 | N/A | N/A | 0% |
| Poland | N/A | 35.7 | N/A | 0% |
| Others | N/A | N/A | N/A | 0% |
| Total | 70.7 | 507 | 1,327 | 333.2% |
Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from Bulgaria in 2022:
- Italy (1233.5 tons)
- Netherlands (24.7 tons)
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