Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Slovakia - 2023
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Slovakia (CIF) - 2022
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Slovakia
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Slovakia (CIF) - 2022
The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $1,401 per ton in 2022, reducing by -13.5% against the previous year. Overall, the import price, however, continues to indicate a notable expansion. The pace of growth was the most pronounced in 2019 an increase of 144% against the previous year. The import price peaked at $1,909 per ton in 2020; however, from 2021 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 Poland ($1,467 per ton), while the price for the Czech Republic ($534 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Slovakia
In 2022, overseas purchases of pig fat; not lard, other than that of heading 0209 or 1503s were finally on the rise to reach 43 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt slump.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s skyrocketed to $60K in 2022. Over the period under review, imports, however, showed a abrupt decrease.
Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Slovakia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 68.2 | 42.0 | 25.3 | 47.3 | -11.5% |
Hungary | 1.1 | 12.4 | 8.5 | 11.8 | 120.5% |
Czech Republic | 30.9 | 9.1 | 0.3 | 0.8 | -70.4% |
Spain | 4.8 | N/A | N/A | N/A | 0% |
Others | 0.5 | N/A | N/A | 0.5 | 0.0% |
Total | 105 | 63.5 | 34.1 | 60.4 | -16.8% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Slovakia in 2022:
- Poland (32.3 tons)
- Hungary (8.9 tons)
- Czech Republic (1.5 tons)
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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
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