Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Ireland - 2024
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Ireland (CIF) - 2022
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Ireland (FOB) - 2022
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Ireland
- Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Ireland
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Ireland (CIF) - 2022
The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $1,757 per ton in 2022, picking up by 19% against the previous year. Overall, the import price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $4,497 per ton. From 2016 to 2022, the average 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 the UK ($3,380 per ton), while the price for Germany ($883 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+22.6%), 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 Ireland (FOB) - 2022
In 2022, the average export price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $1,225 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2019 an increase of 114%. As a result, the export price attained the peak level of $1,689 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +36.5% per year.
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Ireland
Imports of pig fat; not lard, other than that of heading 0209 or 1503s into Ireland fell notably to 35 tons in 2022, with a decrease of -78.8% against the previous year. Over the period under review, imports faced a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 11%.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s contracted rapidly to $61K in 2022. Overall, imports saw a dramatic setback. The smallest decline of -24.2% was in 2021.
| Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 86.9 | 88.8 | 60.6 | 39.8 | -22.9% |
| Germany | N/A | 11.3 | 108 | 16.9 | 22.3% |
| United Kingdom | 593 | 39.8 | 5.2 | 4.0 | -81.1% |
| Netherlands | 395 | 147 | 70.4 | 0.6 | -88.5% |
| Spain | 78.4 | 34.8 | N/A | N/A | -55.6% |
| France | 26.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 1,180 | 322 | 244 | 61.4 | -62.7% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Ireland in 2022:
- Germany (19.1 tons)
- Poland (14.4 tons)
- United Kingdom (1.2 tons)
- Netherlands (0.2 tons)
Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Ireland
In 2022, shipments abroad of pig fat; not lard, other than that of heading 0209 or 1503s decreased by -98.6% to 1.1 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a dramatic slump. The pace of growth appeared the most rapid in 2020 with an increase of 1,431%. As a result, the exports reached the peak of 797 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of pig fat; not lard, other than that of heading 0209 or 1503s shrank rapidly to $1.3K in 2022. In general, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2020 when exports increased by 522% against the previous year. As a result, the exports attained the peak of $547K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 1.8 | 1.3 | -27.8% |
| China | 87.8 | 92.2 | 94.4 | N/A | 3.7% |
| Netherlands | N/A | 454 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.5 | N/A | 0% |
| Total | 87.8 | 547 | 96.7 | 1.3 | -75.4% |
Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from Ireland in 2022:
- United Kingdom (1043.0 kg)
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