Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Colombia - 2022

Contents:

  1. Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Colombia (CIF) - 2022
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
United States53.426.313.03.2-60.9%
OthersN/AN/AN/AN/A0%
Total53.426.313.03.2-60.9%

Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Colombia in 2022:

  1. United States (7.0 tons)

Source: IndexBox Market Intelligence Platform

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