Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Peru - 2022
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Peru (CIF) - 2022
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Peru
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Peru (CIF) - 2022
The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $2,047 per ton in 2022, surging by 26% against the previous year. Over the period under review, the import price showed a significant increase. The most prominent rate of growth was recorded in 2015 an increase of 200% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +21.8% per year.
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Peru
For the third year in a row, Peru recorded decline in overseas purchases of pig fat; not lard, other than that of heading 0209 or 1503s, which decreased by -17.1% to 21 tons in 2022. Overall, imports continue to indicate a abrupt slump. The smallest decline of -17.1% was in 2020.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s expanded to $42K in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 37.2 | 38.9 | 40.6 | 42.4 | 4.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 37.2 | 38.9 | 40.6 | 42.4 | 4.5% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Peru in 2022:
- United States (20.7 tons)
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