Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Greece - 2024
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Greece (CIF) - 2022
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Greece (FOB) - 2022
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Greece
- Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Greece
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Greece (CIF) - 2022
In 2022, the average import price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $961 per ton, picking up by 43% against the previous year. Overall, the import price continues to indicate a pronounced increase. The most prominent rate of growth was recorded in 2013 an increase of 102% against the previous year. Over the period under review, average import prices reached the peak figure at $1,476 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Germany ($2,600 per ton), while the price for Albania ($960 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Greece (FOB) - 2022
In 2022, the average export price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $1,408 per ton, surging by 49% against the previous year. Overall, the export price enjoyed strong growth. The most prominent rate of growth was recorded in 2014 an increase of 70%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +10.3% per year.
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Greece
In 2022, overseas purchases of pig fat; not lard, other than that of heading 0209 or 1503s decreased by -56.1% to 248 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 256%. As a result, imports reached the peak of 1.6K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s declined remarkably to $238K in 2022. In general, imports saw a mild descent. The pace of growth appeared the most rapid in 2020 with an increase of 483%. As a result, imports attained the peak of $1.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Albania | 117 | 141 | 146 | 168 | 12.8% |
| Romania | 6.6 | 379 | 128 | 70.3 | 120.0% |
| Bulgaria | 124 | N/A | N/A | N/A | 0% |
| Germany | N/A | 918 | N/A | N/A | 0% |
| North Macedonia | N/A | N/A | 106 | N/A | 0% |
| Others | 0.8 | 13.3 | N/A | N/A | 1562.5% |
| Total | 249 | 1,451 | 380 | 238 | -1.5% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Greece in 2022:
- Albania (175.1 tons)
- Romania (73.1 tons)
Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Greece
Exports of pig fat; not lard, other than that of heading 0209 or 1503s from Greece soared to 48 tons in 2022, with an increase of 120% on 2021. Over the period under review, exports recorded a significant increase. As a result, the exports reached 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 $67K in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Greece (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Netherlands | 19.9 | 67.4 | 238.7% |
| Others | 0.6 | N/A | 0% |
| Total | 20.5 | 67.4 | 228.8% |
Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from Greece in 2022:
- Netherlands (47.9 tons)
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