Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Sweden - 2024
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Sweden (FOB) - 2022
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Sweden (CIF) - 2022
- Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Sweden
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Sweden
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Sweden (FOB) - 2022
The average export price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $1,486 per ton in 2022, growing by 36% against the previous year. In general, the export price recorded a measured increase. The pace of growth was the most pronounced in 2021 an increase of 43%. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,632 per ton), while the average price for exports to Denmark ($935 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 (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Sweden (CIF) - 2022
In 2022, the average import price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $1,421 per ton, surging by 36% against the previous year. Over the period under review, the import price saw a pronounced increase. The growth pace was the most rapid in 2021 an increase of 56% against the previous year. Over the period under review, average import prices hit record highs at $3,526 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Denmark.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +5.5% per year.
Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Sweden
In 2022, overseas shipments of pig fat; not lard, other than that of heading 0209 or 1503s decreased by -4.5% to 21K tons, falling for the second year in a row after two years of growth. Overall, exports recorded a mild contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 3.8%. As a result, the exports reached the peak of 23K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of pig fat; not lard, other than that of heading 0209 or 1503s surged to $31M in 2022. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 38% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.2 | 8.4 | 13.9 | 18.3 | 52.1% |
| France | 3.7 | 4.2 | 6.5 | 7.9 | 28.8% |
| Poland | 2.1 | 1.4 | 2.0 | 2.4 | 4.6% |
| United Kingdom | 0.2 | 0.2 | 0.8 | 1.2 | 81.7% |
| Belgium | N/A | N/A | 0.2 | 0.6 | 200.0% |
| Hungary | N/A | N/A | 0.4 | 0.5 | 25.0% |
| Denmark | 2.8 | 2.9 | N/A | 0.1 | -67.1% |
| Others | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Total | 14.1 | 17.2 | 23.9 | 30.9 | 29.9% |
Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from Sweden in 2022:
- Netherlands (12.7K tons)
- France (4.8K tons)
- Poland (1.6K tons)
- United Kingdom (0.8K tons)
- Belgium (0.4K tons)
- Hungary (0.3K tons)
- Denmark (0.1K tons)
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Sweden
In 2022, approx. 4.1 tons of pig fat; not lard, other than that of heading 0209 or 1503s were imported into Sweden; jumping by 174% against 2021. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 5,179% against the previous year. As a result, imports attained the peak of 90 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 surged to $5.9K in 2022. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 4,664% against the previous year. As a result, imports attained the peak of $60K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | N/A | N/A | 5.8 | 0% |
| Russia | N/A | 59.2 | N/A | N/A | 0% |
| Italy | 0.4 | 1.0 | 2.3 | N/A | 139.8% |
| Others | 0.8 | 0.1 | 0.5 | N/A | -20.9% |
| Total | 1.3 | 60.4 | 2.8 | 5.9 | 65.6% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Sweden in 2022:
- Denmark (4.1 tons)
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