Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Estonia - 2024
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Estonia (FOB) - 2022
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Estonia (CIF) - 2022
- Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Estonia
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Estonia
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Estonia (FOB) - 2022
In 2022, the average export price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $797 per ton, falling by -31.5% against the previous year. In general, the export price, however, posted a tangible expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 88%. Over the period under review, the average export prices attained the peak figure at $1,286 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($1,524 per ton), while the average price for exports to Poland ($677 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+13.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Estonia (CIF) - 2022
In 2022, the average import price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $1,952 per ton, picking up by 69% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pig fat; not lard, other than that of heading 0209 or 1503s increased by +83.2% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Poland.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +3.3% per year.
Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Estonia
In 2022, the amount of pig fat; not lard, other than that of heading 0209 or 1503s exported from Estonia surged to 98 tons, increasing by 279% on the year before. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of pig fat; not lard, other than that of heading 0209 or 1503s soared to $78K in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 267% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | 9.2 | 50.7 | 451.1% |
| Finland | 1.7 | 14.6 | 16.6 | 17.7 | 118.4% |
| Latvia | 3.2 | 3.5 | 4.2 | 9.3 | 42.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.9 | 18.1 | 29.9 | 77.7 | 151.2% |
Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from Estonia in 2022:
- Poland (74.9 tons)
- Finland (11.6 tons)
- Latvia (11.0 tons)
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Estonia
Imports of pig fat; not lard, other than that of heading 0209 or 1503s into Estonia fell sharply to 37 tons in 2022, declining by -37.7% against the previous year's figure. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 163%. As a result, imports reached the peak of 59 tons, and then contracted dramatically in the following year.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s rose sharply to $72K in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 157% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 38.4 | 26.6 | 53.1 | 72.0 | 23.3% |
| Finland | N/A | N/A | 15.3 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 38.4 | 26.6 | 68.3 | 72.0 | 23.3% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Estonia in 2022:
- Poland (36.9 tons)
139
This report provides an in-depth analysis of the rendered pig fat market in Estonia.
139
This report provides an in-depth analysis of the lard market in Estonia.
746
This report provides an in-depth analysis of the global rendered pig fat market.
2855
This report provides an in-depth analysis of the global lard market.
916
Global Poultry Fat Market Report 2018. This report provides an in-depth analysis of the global poultry fat market.
139
This report provides an in-depth analysis of the rendered pig fat market in Estonia.
139
This report provides an in-depth analysis of the lard market in Estonia.
746
This report provides an in-depth analysis of the global rendered pig fat market.
2855
This report provides an in-depth analysis of the global lard market.
746
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.
4143
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
4000
In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.
2321
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
746
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.
4143
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
4000
In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.
2321
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
