Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Slovakia - 2023

Contents:

  1. Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Slovakia (CIF) - 2022
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Poland68.242.025.347.3-11.5%
Hungary1.112.48.511.8120.5%
Czech Republic30.99.10.30.8-70.4%
Spain4.8N/AN/AN/A0%
Others0.5N/AN/A0.50.0%
Total10563.534.160.4-16.8%

Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Slovakia in 2022:

  1. Poland (32.3 tons)
  2. Hungary (8.9 tons)
  3. Czech Republic (1.5 tons)

Source: IndexBox Market Intelligence Platform

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