Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Latvia - 2024
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Latvia (FOB) - 2022
- Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Latvia
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Latvia (FOB) - 2022
In 2022, the average export price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $4,924 per ton, jumping by 46% against the previous year. In general, the export price enjoyed a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 the Netherlands ($7,143 per ton), while the average price for exports to Poland stood at $4,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+89.4%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Latvia
In 2022, approx. 24 kg of pig fat; not lard, other than that of heading 0209 or 1503s were exported from Latvia; which is down by -40% against the previous year's figure. In general, exports recorded a precipitous shrinkage.
In value terms, exports of pig fat; not lard, other than that of heading 0209 or 1503s shrank to $118 in 2022. Over the period under review, exports faced a deep downturn.
| Export of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Latvia (USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Poland | 116 | 68.0 | -41.4% |
| Netherlands | 19.0 | 50.0 | 163.2% |
| Others | N/A | N/A | 0% |
| Total | 135 | 118 | -12.6% |
Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from Latvia in 2022:
- Poland (17.0 kg)
- Netherlands (7.0 kg)
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