Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Russia - 2022
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Russia (FOB) - 2022
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Russia (CIF) - 2022
- Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Russia
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Russia
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Russia (FOB) - 2022
The average export price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $275 per ton in 2022, reducing by -93.7% against the previous year. Overall, the export price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2021 an increase of 615%. As a result, the export price reached the peak level of $4,374 per ton, and then shrank notably in the following year.
As there is only one major export destination, the average price level is determined by prices for Kazakhstan.
From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to -16.5% per year.
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Russia (CIF) - 2022
The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $1,438 per ton in 2021, jumping by 110% against the previous year. Over the period under review, the import price enjoyed a mild expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Belarus.
From 2012 to 2021, the rate of growth in terms of prices for Belarus amounted to -5.2% per year.
Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Russia
In 2022, overseas shipments of pig fat; not lard, other than that of heading 0209 or 1503s decreased by -3% to 4.6 tons, falling for the second year in a row after two years of growth. In general, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 389%. As a result, the exports reached the peak of 277 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of pig fat; not lard, other than that of heading 0209 or 1503s plummeted to $1.3K in 2022. Overall, exports faced a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 397%. As a result, the exports attained the peak of $170K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 34.1 | 44.2 | 2.0 | 1.3 | -66.3% |
| Sweden | N/A | 61.0 | N/A | N/A | 0% |
| Lithuania | N/A | 24.1 | N/A | N/A | 0% |
| Poland | N/A | 40.1 | N/A | N/A | 0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 34.1 | 170 | 2.0 | 1.3 | -66.3% |
Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from Russia in 2022:
- Kazakhstan (4.6 tons)
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Russia
For the third consecutive year, Russia recorded growth in supplies from abroad of pig fat; not lard, other than that of heading 0209 or 1503s, which increased by 102% to 705 tons in 2021. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 130%. Imports peaked in 2021 and are expected to retain growth in the near future.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s soared to $458K in 2021. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 119%. Over the period under review, imports of reached the peak figure in 2021 and are likely to see steady growth in the near future.
| Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Russia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| Belarus | 109 | 239 | 458 | 105.0% |
| Others | N/A | N/A | N/A | 0% |
| Total | 109 | 239 | 458 | 105.0% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Russia in 2022:
- Belarus (704.6 tons)
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