Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Poland - 2024
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Poland (CIF) - 2022
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Poland (FOB) - 2022
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Poland
- Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Poland
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Poland (CIF) - 2022
In 2022, the average import price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $900 per ton, increasing by 37% against the previous year. In general, the import price, however, showed a mild downturn. The growth pace was the most rapid in 2021 an increase of 39%. The import price peaked at $1,053 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($1,616 per ton), while the price for Germany ($604 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+13.1%), 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 Poland (FOB) - 2022
In 2022, the average export price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $1,630 per ton, rising by 29% against the previous year. Overall, the export price continues to indicate a perceptible increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 85% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($1,758 per ton), while the average price for exports to Slovakia ($933 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Poland
In 2022, overseas purchases of pig fat; not lard, other than that of heading 0209 or 1503s decreased by -3% to 19K tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 109%. As a result, imports attained the peak of 20K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s soared to $17M in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 88% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Poland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.3 | 4.5 | 5.6 | 6.4 | 70.1% |
Slovakia | 1.8 | 1.8 | 2.9 | 3.9 | 29.4% |
Ukraine | 0.1 | 0.3 | 2.0 | 2.9 | 207.2% |
Sweden | 1.4 | 1.8 | 1.6 | 1.5 | 2.3% |
Netherlands | N/A | 0.3 | N/A | 0.7 | 52.8% |
France | N/A | N/A | N/A | 0.4 | 0% |
Finland | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
Others | 0.2 | 0.4 | 0.4 | 0.9 | 65.1% |
Total | 4.9 | 9.3 | 12.7 | 17.0 | 51.4% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Poland in 2022:
- Germany (10.7K tons)
- Ukraine (2.5K tons)
- Slovakia (2.4K tons)
- Sweden (1.0K tons)
- Netherlands (0.7K tons)
- Finland (0.4K tons)
- France (0.4K tons)
Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Poland
Exports of pig fat; not lard, other than that of heading 0209 or 1503s from Poland surged to 7.3K tons in 2022, rising by 39% against the previous year. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 69% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of pig fat; not lard, other than that of heading 0209 or 1503s surged to $12M in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 212%. The exports peaked in 2022 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 Poland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 29.9 | 331 | 2,192 | 6,750 | 508.9% |
Hungary | 53.1 | 689 | 2,021 | 2,354 | 253.9% |
Czech Republic | 1,386 | 784 | 75.8 | 1,658 | 6.2% |
Belgium | 0.7 | 0.6 | 1,310 | 553 | 824.4% |
Germany | 12.5 | 11.7 | 26.0 | 351 | 203.9% |
Lithuania | 247 | 224 | 686 | 141 | -17.0% |
Others | 79.3 | 64.5 | 259 | 42.0 | -19.1% |
Total | 1,808 | 2,105 | 6,569 | 11,848 | 87.1% |
Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from Poland in 2022:
- Netherlands (4.2K tons)
- Hungary (1.4K tons)
- Czech Republic (1.0K tons)
- Belgium (0.3K tons)
- Germany (0.2K tons)
- Lithuania (0.1K tons)
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In April 2023, the price of Lard reached $3,128 per ton (FOB, Poland), showing a 31% increase compared to the previous month.
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.
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.
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
In April 2023, the price of Lard reached $3,128 per ton (FOB, Poland), showing a 31% increase compared to the previous month.
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.
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.
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