Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Japan - 2024
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Japan (CIF) - 2022
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Japan (FOB) - 2022
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Japan
- Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Japan
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Japan (CIF) - 2022
The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $1,278 per ton in 2022, declining by -9.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2020 an increase of 22% against the previous year. Over the period under review, average import prices reached the maximum at $1,416 per ton in 2021, and then shrank in the following year.
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 Belgium ($2,166 per ton), while the price for the United States ($663 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+13.7%), 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 Japan (FOB) - 2022
In 2022, the average export price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $7,233 per ton, surging by 740% against the previous year. Over the period under review, the export price showed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2020 to 2022, the rate of growth in terms of prices for Singapore amounted to +33.3% per year.
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Japan
In 2022, the amount of pig fat; not lard, other than that of heading 0209 or 1503s imported into Japan surged to 256 tons, rising by 17% against 2021 figures. Over the period under review, imports, however, saw a abrupt decrease.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s rose significantly to $327K in 2022. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year.
| Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 18.0 | 142 | 219 | 224 | 131.7% |
| Taiwan (Chinese) | 47.2 | 67.2 | 64.9 | 86.8 | 22.5% |
| United States | 53.2 | 49.4 | 25.5 | 16.9 | -31.8% |
| Spain | 14.9 | N/A | N/A | N/A | 0% |
| France | 42.2 | N/A | N/A | N/A | 0% |
| Canada | 153 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 328 | 259 | 309 | 327 | -0.1% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Japan in 2022:
- Taiwan (Chinese) (127.3 tons)
- Belgium (103.2 tons)
- United States (25.5 tons)
Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Japan
After two years of growth, shipments abroad of pig fat; not lard, other than that of heading 0209 or 1503s decreased by -99.9% to 3.9 tons in 2022. Over the period under review, exports faced a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 60% against the previous year. As a result, the exports attained the peak of 2.7K tons, and then reduced notably in the following year.
In value terms, exports of pig fat; not lard, other than that of heading 0209 or 1503s reduced markedly to $28K in 2022. In general, exports faced a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 112% against the previous year. As a result, the exports reached the peak of $2.3M, and then reduced markedly in the following year.
| Export of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Japan (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Hong Kong SAR | 15.8 | 23.3 | 27.8 | 32.6% |
| Singapore | 1,083 | 2,313 | N/A | 113.6% |
| Others | 5.2 | N/A | N/A | 0% |
| Total | 1,104 | 2,337 | 27.8 | -84.1% |
Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from Japan in 2022:
- Hong Kong SAR (3.9 tons)
356
This report provides an in-depth analysis of the rendered pig fat market in Japan.
627
This report provides an in-depth analysis of the lard market in Japan.
361
This report provides an in-depth analysis of the poultry fat market in Japan.
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.
356
This report provides an in-depth analysis of the rendered pig fat market in Japan.
627
This report provides an in-depth analysis of the lard market in Japan.
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.
745
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.
2320
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
745
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.
2320
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
