Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Luxembourg - 2023
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Luxembourg (CIF) - 2022
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Luxembourg (FOB) - 2022
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Luxembourg
- Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Luxembourg
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Luxembourg (CIF) - 2022
The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $2,603 per ton in 2022, leveling off at the previous year. Over the period under review, the import price, however, continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 94%. The import price peaked at $3,445 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($5,175 per ton), while the price for Italy ($1,386 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+9.2%), while the prices for the other major suppliers experienced a decline.
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Luxembourg (FOB) - 2022
The average export price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $4,158 per ton in 2022, rising by 127% against the previous year. In general, the export price continues to indicate a resilient expansion. As a result, the export price reached 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 the Netherlands.
From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +11.1% per year.
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Luxembourg
In 2022, imports of pig fat; not lard, other than that of heading 0209 or 1503s into Luxembourg soared to 12 tons, surging by 368% against the previous year's figure. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s surged to $30K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1.5 | 1.8 | 4.0 | 27.1 | 162.4% |
| Italy | 3.6 | N/A | N/A | 1.0 | -34.8% |
| Portugal | 0.7 | 0.5 | 0.7 | 1.0 | 12.6% |
| France | N/A | 1.4 | 1.5 | 0.7 | -29.3% |
| Others | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| Total | 6.0 | 3.8 | 6.4 | 30.1 | 71.2% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Luxembourg in 2022:
- Belgium (10.5 tons)
- Italy (0.7 tons)
- Portugal (0.2 tons)
- France (0.1 tons)
Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Luxembourg
In 2022, approx. 1.5 tons of pig fat; not lard, other than that of heading 0209 or 1503s were exported from Luxembourg; rising by 2,802% compared with 2021 figures. 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 $5.7K in 2022. Overall, exports continue to indicate a significant expansion. 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 Luxembourg (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Netherlands | 0.1 | 5.7 | 5600.0% |
| Others | N/A | N/A | 0% |
| Total | 0.1 | 5.7 | 5600.0% |
Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from Luxembourg in 2022:
- Netherlands (1.5 tons)
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