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

Contents:

  1. Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Croatia (CIF) - 2022
  2. Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Croatia (FOB) - 2022
  3. Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Croatia
  4. Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Croatia

Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Croatia (CIF) - 2022

In 2022, the average import price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $1,494 per ton, increasing by 4% against the previous year. Over the period under review, the import price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the maximum at $2,237 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($3,476 per ton), while the price for Slovenia ($1,282 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+12.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Croatia (FOB) - 2022

In 2022, the average export price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $1,981 per ton, with an increase of 24% against the previous year. In general, the export price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 82% against the previous year. Over the period under review, the average export prices hit record highs at $2,404 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($2,184 per ton) and Ireland ($2,094 per ton), while the average price for exports to Germany ($1,910 per ton) and Montenegro ($1,989 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Croatia

For the fourth consecutive year, Croatia recorded growth in purchases abroad of pig fat; not lard, other than that of heading 0209 or 1503s, which increased by 288% to 68 tons in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s surged to $102K in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia0.22.611.256.8557.3%
Italy12.412.510.821.319.8%
PolandN/AN/AN/A9.80%
HungaryN/AN/A3.19.8216.1%
OthersN/AN/AN/A3.90%
Total12.615.125.2102100.8%

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

  1. Slovenia (44.3 tons)
  2. Italy (16.1 tons)
  3. Hungary (4.1 tons)
  4. Poland (2.8 tons)

Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Croatia

Exports of pig fat; not lard, other than that of heading 0209 or 1503s from Croatia surged to 41 tons in 2022, jumping by 48% compared with the previous year's figure. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 78%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of pig fat; not lard, other than that of heading 0209 or 1503s skyrocketed to $81K in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 92% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.922.723.745.4188.0%
SwitzerlandN/A0.11.07.4760.2%
Montenegro12.99.65.67.3-17.3%
SwedenN/A2.31.85.757.4%
Slovenia3.03.53.24.010.1%
IrelandN/A2.81.83.26.9%
Bosnia and Herzegovina8.04.63.12.9-28.7%
Others0.24.34.15.5201.8%
Total25.949.844.381.546.5%

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

  1. Germany (23.8 tons)
  2. Montenegro (3.7 tons)
  3. Switzerland (3.6 tons)
  4. Sweden (2.8 tons)
  5. Slovenia (1.8 tons)
  6. Ireland (1.5 tons)
  7. Bosnia and Herzegovina (1.4 tons)

Source: IndexBox Market Intelligence Platform

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