Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Chile - 2023
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Chile (CIF) - 2022
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Chile
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Chile (CIF) - 2022
The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $3,079 per ton in 2022, dropping by -6% against the previous year. Overall, the import price, however, enjoyed a prominent increase. The growth pace was the most rapid in 2021 when the average import price increased by 5.4% against the previous year. As a result, import price reached the peak level of $3,277 per ton, and then fell in the following year.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2014 to 2022, the rate of growth in terms of prices for the United States amounted to +3.3% per year.
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Chile
In 2022, overseas purchases of pig fat; not lard, other than that of heading 0209 or 1503s decreased by -17.9% to 88 tons, falling for the second year in a row after two years of growth. In general, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 266% against the previous year. As a result, imports reached the peak of 117 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s declined notably to $272K in 2022. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 420% against the previous year.
| Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.0 | 212 | 352 | 272 | 278.9% |
| United States | 52.4 | 86.6 | N/A | N/A | 65.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 57.4 | 299 | 352 | 272 | 68.0% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Chile in 2022:
- Spain (88.3 tons)
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