Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Colombia - 2022
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Colombia (CIF) - 2022
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Colombia
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Colombia (CIF) - 2022
The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $452 per ton in 2022, shrinking by -29.5% against the previous year. In general, the import price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2018 an increase of 55%. As a result, import price reached the peak level of $1,081 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -3.5% per year.
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Colombia
For the third year in a row, Colombia recorded decline in supplies from abroad of pig fat; not lard, other than that of heading 0209 or 1503s, which decreased by -65.5% to 7 tons in 2022. Overall, imports saw a precipitous slump. The smallest decline of -41.3% was in 2020.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s fell dramatically to $3.2K in 2022. Over the period under review, imports faced a sharp decrease. The smallest decline of -50.7% was in 2021.
Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 53.4 | 26.3 | 13.0 | 3.2 | -60.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 53.4 | 26.3 | 13.0 | 3.2 | -60.9% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Colombia in 2022:
- United States (7.0 tons)
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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
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