Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Romania - 2024
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Romania (FOB) - 2022
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Romania (CIF) - 2022
- Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Romania
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Romania
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Romania (FOB) - 2022
In 2022, the average export price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $339 per ton, reducing by -30.9% against the previous year. In general, the export price, however, showed modest growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices attained the peak figure at $490 per ton in 2021, and then dropped notably in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($2,821 per ton), while the average price for exports to Slovakia ($300 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 Hungary (+25.6%).
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Romania (CIF) - 2022
The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $2,478 per ton in 2022, with a decrease of -18.3% against the previous year. Over the period under review, the import price, however, posted a strong expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 159% against the previous year. Over the period under review, average import prices attained the maximum at $3,034 per ton in 2021, and then reduced markedly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($2,621 per ton), while the price for Germany ($2,357 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Romania
For the third consecutive year, Romania recorded decline in shipments abroad of pig fat; not lard, other than that of heading 0209 or 1503s, which decreased by -12.4% to 639 tons in 2022. Overall, exports faced a precipitous setback.
In value terms, exports of pig fat; not lard, other than that of heading 0209 or 1503s fell markedly to $217K in 2022. Over the period under review, exports showed a sharp curtailment. The smallest decline of -6.1% was in 2020.
| Export of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 439 | 416 | 343 | 183 | -25.3% |
| Switzerland | N/A | N/A | N/A | 21.1 | 0% |
| Others | 6.2 | 2.5 | 14.4 | 12.2 | 25.3% |
| Total | 446 | 418 | 358 | 217 | -21.3% |
Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from Romania in 2022:
- Slovakia (611.5 tons)
- Switzerland (23.3 tons)
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Romania
In 2022, the amount of pig fat; not lard, other than that of heading 0209 or 1503s imported into Romania soared to 39 tons, increasing by 164% on 2021 figures. Over the period under review, imports recorded significant growth. As a result, imports attained 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 $97K in 2022. Overall, imports continue to indicate significant growth. 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 Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 40.2 | 55.6 | 44.0 | 83.5 | 27.6% |
| Germany | 1.3 | N/A | N/A | 13.1 | 116.0% |
| Others | N/A | N/A | 1.1 | 0.6 | -45.5% |
| Total | 41.5 | 55.7 | 45.1 | 97.2 | 32.8% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Romania in 2022:
- Hungary (33.4 tons)
- Germany (5.5 tons)
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